OTC : EGMLF

Engineer Gold Mines Ltd. — News

$0.064 USD

$0 (0.0%)

Volume
10K
Average Volume
1.36K
Market Capitalization
$1.67M
P/E Ratio
-6.77
Dividend Yield
0.00%
Price Target
Year High
$0.12
Year Low
$0.02
Day High
Day Low
Payout Ratio
$0.00
Current Ratio
$0.03
Source Headline
Engineer Gold Mines Exploration Program Underway

July 28, 2026 – TheNewswire - Vancouver, BC, Canada – E ngineer Gold Mines Ltd. (the "Company") (TSX-V: EAU | OTC: EGMLF | WKN: A3EEVJ ) is pleased to announce the 2026 Phase I exploration program is underway on its 100% owned Engineer Gold Project, located 30 kilometres southwest of Atlin in northwestern British Columbia (see News Release dated April 29, 2026).  This large property comprises 18,319 hectares covering a 25 kilometre long contiguous claim block and hosts the historic Engineer Gold Mine ( “Engineer” ), the TAG Property ( “TAG” ), the Wann River Prospect ( “Wann” ), plus numerous additional mineral occurrences. The first phase of the 2026 program consists of soil and rock sampling at Engineer, soil geochemistry and an in depth core review and resampling at TAG.  The Company is fully permitted to follow this with a Phase II program consisting of diamond drilling, excavator trenching and induced polarization geophysical surveys in the Engineer Mine area.  Phase II plans will be announced once finalized.

thenewswire.com - 2026-07-28 08:00:00

Engineer Gold Closes First Tranche of Private Placement

June 18, 2026 – TheNewswire - Vancouver, BC, Canada – Engineer Gold Mines Ltd. (the "Company") (TSX-V: EAU) announces that the Company has closed a tranche of the non-brokered private placement announced May 8, 2026. The first tranche raised gross proceeds of $481,155 by the issuance of 3,207,700 units at a price of 15 cents per unit. Each unit consists of one common share and one share purchase warrant. Each whole warrant is exercisable for a period of three years expiring June 17, 2029 at an exercise price of 20 cents, subject to an acceleration clause. Acceleration would occur if, at any time after the closing date, the corporation's common shares have a closing price of 35 cents or more per share for 10 consecutive trading days on the TSX Venture Exchange, the company shall be entitled to give notice by a news release that the warrants issued pursuant to this placement will expire 30 days from the date of the news release, unless such warrants are exercised before the expiry of that period, and, in such event, all unexercised warrants will expire at 4 p.m. Pacific Time on the last day of such 30-day period.   Commissions of $23,732 and 158,216 finders warrants exercisable to purchase one common share of the Company at a price of $0.20 per share expiring on June 17, 2029, subject to acceleration clause above, were issued in connection with this tranche. The private placement remains open.

thenewswire.com - 2026-06-18 18:35:00

Engineer Gold Announces Private Placement

May 8, 2026 – TheNewswire - Vancouver, BC, Canada – Engineer Gold Mines Ltd. (the "Company") (TSX-V: EAU) announces that the Company has arranged a non-brokered private placement offering of units for gross proceeds of up to $1.5 million. The offering will consist of up to 10 million units at a price of 15 cents per unit. Each unit will consist of one common share and one share purchase warrant. Each whole warrant is exercisable for a period of three years from the closing date at an exercise price of 20 cents, subject to an acceleration clause. Acceleration would occur if, at any time after the closing date, the corporation's common shares have a closing price of 35 cents or more per share for 10 consecutive trading days on the TSX Venture Exchange, the company shall be entitled to give notice by a news release that the warrants issued pursuant to this placement will expire 30 days from the date of the news release, unless such warrants are exercised before the expiry of that period, and, in such event, all unexercised warrants will expire at 4 p.m. Pacific Time on the last day of such 30-day period. Proceeds from the private placement will be used for general working capital and for exploration at the Engineer Gold Project in BC. Finders' fees may be paid. All securities to be issued are subject to a statutory four-month-and-one-day hold period.

thenewswire.com - 2026-05-08 04:30:00

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