Eagle Plains Resources Ltd. is pleased to announce that has received final approval by the Court of King's Bench of Alberta; a critical step toward the completion a plan of Arrangement under section 193 of the Business Corporations Act to complete the spin-out of over 50 royalty assets of EPL into Eagle Royalties Ltd., as more particularly described in the management information circular dated March 17th, 2023 , which is [...]
Eagle Plains Resources is pleased to announce that its security holders have approved a special resolution put forward before its security holders to approve a plan of arrangement under section 193 of the Business Corporations Act to complete the spin-out of over 50 royalty assets of EPL into Eagle Royalties Ltd., as more particularly described in the management information circular dated March 17th, 2023 , which is [...]
Eagle Plains Resources Ltd. reports that planning is underway for its upcoming 2023 diamond drill program at the 100% owned Vulcan Project. The planned program is expected to commence in mid-June and will include a minimum of 3,000m of diamond drilling at the Hilo & West Basin Zones. The program will be conducted by Terralogic Exploration Inc. of Cranbrook, BC. New Age Drilling Solutions has been contracted to complete [...]
Eagle Plains Resources Ltd. has been notified by option partner Pacific Imperial Mines Inc. that a geophysical team has been mobilized to Eagle Plains' Brownell Lake VMS-polymetallic project, located 17km northwest of the community of Deschambault Lake, Saskatchewan. Under the terms of the agreement, PPM may earn up to a 60% interest in the 1863 ha property by completing $5,000,000 in exploration expenditures, issuing [...]
Eagle Plains Resources Ltd. has acquired a strategic mineral disposition within its' Pine Channel Gold Property tenure that covers the historic Algold Bay mineralization. Apogee Minerals Ltd holds the exclusive option to acquire an 80% interest in the Pine Channel Property. About Algold Bay The Algold Bay tenure has been in good standing since 1979 and covers several Au mineralized showings on the north shore of Lake [...]
Eagle Plains Resources Ltd. has executed an option agreement with Pacific Imperial Mines Inc. whereby PPM may earn up to a 60% interest in the 1863 ha Brownell Lake VMS-polymetallic exploration project located 17km west of the community of Deschambault Lake, Saskatchewan. The project is owned 100% by Eagle Plains, subject to a 2% underlying royalty. Under the terms of the agreement, PPM may earn its interest by completing [...]
Eagle Plains Resources Ltd. is pleased to announce the mailing of its management information circular dated March 17, 2023 and related documents for the special meeting of Eagle Plains securityholders to be held at 9:00 a.m. on April 26, 2023. The meeting is being held in connection with the previously announced plan of arrangement under section 193 of the Business Corporations Act , whereby Eagle Plains will undergo a [...]
Eagle Plains Resources Ltd. and Brunswick Exploration Inc. have executed a formal option agreement whereby Brunswick has the exclusive right to acquire a 100-per-cent interest in the Hanson North lithium project located in Saskatchewan for total consideration of $70,000 in cash, shares or combination of both, and exploration expenditures of $100,000 over a two-year period. Additional milestone payments may occur as a [...]
Further to its news release dated March 1, 2023, Eagle Plains Resources Ltd. wishes to clarify a statement made in the News Release relating to the record date for the proposed Spin-Out Transaction. In the News Release, Eagle Plains stated the following: The record date for the Spin-out Transaction is expected to be March 17, 2023. For clarity, only securityholders who hold Eagle Plains securities at the close of business [...]
Management of Eagle Plains Resources Ltd. is pleased to provide information regarding important developments relating to the Company and to inform shareholders on significant upcoming events. Highlights: Milestones: Arrangement Agreement, Amalgamation Agreements executed relating to proposed spin out of Eagle Royalties, expected Record Date March 17th, 2023; Significant mineralization reported on 100% owned Vulcan [...]
Management of Eagle Plains Resources Ltd. is pleased to announce that it has successfully acquired by staking 2 properties in British Columbia and 4 in Saskatchewan comprising a total of 19,503 ha which are considered prospective for the presence of LCT type pegmatites and lithium mineralization. These projects are owned 100% by Eagle Plains and may be subject to underlying royalties in favour of Eagle Royalties Ltd., a [...]
Further to its news release dated January 4, 2023, Eagle Plains Resources Ltd. is pleased to announce that it has entered into an arrangement agreement with its wholly-owned subsidiary, Eagle Royalties Ltd. and an amalgamation agreement among 1386884 B.C. Ltd. and Eagle Royalties. Strategic Rationale for the Spin-out Transaction and the Subsequent Amalgamation Separating over 50 separate royalties from Eagle Plain's [...]