Eagle Royalties Acquires East Goldfield Royalty in Nevada, Issues Incentive Options

Eagle Royalties Ltd. has announced the purchase of a 1% net smelter royalty on the East Goldfield property in Esmeralda County, Nevada. The acquisition from Silver Range Resources Ltd. was made for CDN $25,000, with no buy-down provision.

The East Goldfield property is located near the historic Goldfield Mining District, which has produced approximately 4.2 million ounces of gold. The property is adjacent to the Goldfield Project, currently being explored by Centerra Gold, which contains significant gold resources.

Incentive stock options have also been issued to directors, employees, and key consultants for purchasing a total of 3,700,000 shares at $0.30 per share, expiring in August 2029.