Eagle Royalties Ltd. (CSE:ER.CN) has issued a clarification regarding their May 15, 2025 news release about warrant term amendments. The company corrects two dates previously announced: The expiration date of 5,005,998 common share purchase warrants from their May 2023 non-brokered private placement is May 18, 2025 (not May 19, 2025 as initially stated). The extended expiry date after the 12-month extension is May 18, 2026 (not May 19, 2026 as initially stated). The warrant exercise price remains unchanged at $0.50 per warrant.
Eagle Royalties Ltd. (CSE:ER.CN) ha pubblicato una precisazione riguardo al comunicato stampa del 15 maggio 2025 relativo alle modifiche dei termini dei warrant. La societ脿 corregge due date precedentemente annunciate: la scadenza di 5.005.998 warrant per l'acquisto di azioni ordinarie, emessi nel collocamento privato non mediato di maggio 2023, 猫 il 18 maggio 2025 (e non il 19 maggio 2025 come inizialmente indicato). La data di scadenza estesa dopo il prolungamento di 12 mesi 猫 il 18 maggio 2026 (e non il 19 maggio 2026 come precedentemente comunicato). Il prezzo di esercizio dei warrant rimane invariato a 0,50$ per warrant.
Eagle Royalties Ltd. (CSE:ER.CN) ha emitido una aclaraci贸n respecto al comunicado de prensa del 15 de mayo de 2025 sobre modificaciones en los t茅rminos de los warrants. La compa帽铆a corrige dos fechas previamente anunciadas: la fecha de vencimiento de 5,005,998 warrants para la compra de acciones comunes, emitidos en la colocaci贸n privada no intermediada de mayo de 2023, es el 18 de mayo de 2025 (no el 19 de mayo de 2025 como se indic贸 inicialmente). La fecha de vencimiento extendida tras la pr贸rroga de 12 meses es el 18 de mayo de 2026 (no el 19 de mayo de 2026 como se comunic贸 antes). El precio de ejercicio de los warrants permanece sin cambios en $0.50 por warrant.
Eagle Royalties Ltd. (CSE:ER.CN) a publi茅 une clarification concernant son communiqu茅 du 15 mai 2025 au sujet des modifications des termes des bons de souscription (warrants). La soci茅t茅 corrige deux dates pr茅c茅demment annonc茅es : la date d'expiration de 5 005 998 bons de souscription d'actions ordinaires issus du placement priv茅 sans courtier de mai 2023 est le 18 mai 2025 (et non le 19 mai 2025 comme initialement indiqu茅). La date d'expiration prolong茅e apr猫s l'extension de 12 mois est le 18 mai 2026 (et non le 19 mai 2026 comme communiqu茅 pr茅c茅demment). Le prix d'exercice des warrants reste inchang茅 脿 0,50 $ par warrant.
Eagle Royalties Ltd. (CSE:ER.CN) hat eine Klarstellung zu ihrer Pressemitteilung vom 15. Mai 2025 bez眉glich 脛nderungen der Laufzeit von Warrants herausgegeben. Das Unternehmen korrigiert zwei zuvor angek眉ndigte Daten: Das Ablaufdatum von 5.005.998 Kaufoptionsscheinen f眉r Stammaktien aus der nicht vermittelten Privatplatzierung im Mai 2023 ist der 18. Mai 2025 (nicht der 19. Mai 2025, wie urspr眉nglich angegeben). Das verl盲ngerte Ablaufdatum nach der 12-monatigen Verl盲ngerung ist der 18. Mai 2026 (nicht der 19. Mai 2026, wie urspr眉nglich angegeben). Der Aus眉bungspreis der Warrants bleibt unver盲ndert bei 0,50 $ pro Warrant.
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CRANBROOK, BC / / June 3, 2025 / Eagle Royalties Ltd. (CSE:ER.CN) or ("Eagle Royalties") would like to clarify certain statements contained in its News Release dated May 15, 2025.
On May 15, 2025, Eagle Royalties announced that it had received approval from the Canadian Securities Exchange to amend the term of 5,005,998 outstanding common share purchase warrants which were issued in connection with a non-brokered private placement completed in May 2023. The news release stated that the warrants had a current expiry date of May 19, 2025, when the actual current expiry date should have been stated to be May 18, 2025. Eagle Royalties applied to extend the expiry date for an additional 12 months and incorrectly stated that the revised date for warrant expiry was May 19th, 2026, when the actual expiry date should have been stated to be May 18, 2026. The exercise price of the warrants remain unchanged, at $0.50 per warrant.
About Eagle Royalties Ltd.
Eagle Royalties benefits from maintaining a strong treasury and holds a diverse portfolio of over 35 royalty interests in western Canada. Target commodities subject to royalties include a broad spectrum including critical metals, precious metals, industrial minerals and diamonds. Its flagship royalty is associated with the AurMac Project located in Yukon, operated by Banyan Gold Corp. Eagle Royalties holds royalty interests ranging from 0.5% to 2% on claims that contain a significant portion of AurMac's inferred gold resource located at the Powerline and Airstrip deposit areas. Eagle Royalties also holds royalty interests on a number of historical base metal deposits located in Western Canada.
On behalf of the Board of Directors
"Tim J. Termuende" President and CEO
For further information regarding ER, please contact Mike Labach, Business Development Officer, at 1 866 HUNT ORE (486 8673) Email: [email protected] or visit our website at
Neither the CSE nor any other regulatory body has reviewed or approved the contents of this news release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming financings, work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
SOURCE: Eagle Royalties Ltd.
View the original on ACCESS Newswire
FAQ
What is the correct expiration date for Eagle Royalties' warrants?
The correct expiration date for Eagle Royalties' warrants is May 18, 2025, which has been extended to May 18, 2026.
How many warrants are affected by Eagle Royalties' date correction?
5,005,998 common share purchase warrants are affected by the date correction.
What is the exercise price for Eagle Royalties' warrants?
The exercise price remains unchanged at $0.50 per warrant.
When was the original private placement for Eagle Royalties' warrants completed?
The non-brokered private placement was completed in May 2023.
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