Burnaby, BC – November 7, 2024 – Great Eagle Gold Corp. (“Great Eagle” or the “Company”) (CSE: GEGC | OTC: GEGCF | FRA: GI8), is pleased to announce the commencement of a non-brokered private placement financing.

Private Placement Financing
The Company intends to complete a non-brokered private placement financing for gross proceeds of up to $1,000,000 (the “Financing”). This is expected to consist of up to 5,000,000 units (each, a “Unit”) at a price of $0.20 per Unit, or as determined by Great Eagle management in accordance with Canadian Securities Exchange (the “Exchange”) regulations. Each Unit will consist of one common share and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each whole Warrant will be exercisable for an additional common share of Great Eagle at $0.30 per share for twenty-four months following the closing of the Financing. The Financing, subject to an over-allotment of up to $200,000 (20%) at the Company’ s discretion, will be subject to Exchange acceptance, and all securities issued will adhere to a four-month hold period as per applicable securities legislation.

Great Eagle may pay finder’s fees in cash and warrants in connection with the Financing. Certain directors, officers, and insiders of Great Eagle may participate in the Financing, upon revocation of the pending management cease trade order. Net proceeds are expected to be used for acquisition-related costs, due diligence reviews, and ongoing working capital requirements.

Andrew Fletcher, CEO and Director of Great Eagle Gold Corp., stated, “This interim financing will enable us to continue analyzing the best opportunities for near-term acquisition. Meanwhile, we continue to negotiate senior financial partner relationships to effectuate the option of a large portfolio of tokenization-ready assets.”

The securities referred to herein will not be or have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

About Great Eagle Gold.
Great Eagle Gold Corp. (CSE: GEGC | OTC: GEGCF | FRA: GI8) is a publicly traded Canadian company, also listed in the United States and Germany, leading a groundbreaking evolution in digital mining. This new approach reshapes how the global gold mining industry realizes gold’s intrinsic value. Partnering with New York-based NatGold Digital Ltd., Great Eagle leverages a blockchain-powered, ESG-friendly digital mining process. This method provides a regulatory-compliant way to invest in gold while eliminating the considerable environmental, social, and financial costs of traditional gold mining.

Great Eagle’s unique strategy focuses on the supply side of the NatGold ecosystem. By acquiring NI 43- 101 gold resources and seamlessly integrating them through a title swap process that meets NatGold Digital Ltd.’s exacting token integrity standards, Great Eagle establishes itself as a pivotal contributor. Together, Great Eagle and NatGold Digital operate at the convergence of three compelling global investment themes: gold, ESG investing, and the tokenization of real-world assets.

On behalf of the board,
Andrew Fletcher, CEO & Director
Great Eagle Gold Corp.
+1 (778) 372-9723