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EagleOne Metals Upsizes a Private Placement of Share Units to CA$225,200

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EagleOne Metals (EAGL.CN) on Thursday upsized a private placement of share units to CA$255,200 from its prior $204,800 target.

The company now intends to issue up to 750,666 units priced at CA$0.30 apiece and made up of a share and one half of a two-year warrant to buy a share for C$0.60.

Proceeds will be used to support ongoing corporate development initiatives and for general working capital needs, it said.

The company's shares last traded Aug. 31, closing at C$0.18 on the Canadian Securities Exchange.

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