Business
EagleOne Metals Enters into Definitive Agreement to Acquire Surupampa Metals
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2026) - EagleOne Metals Corp. (CSE: EAGL) ("EagleOne" or the "Company") is pleased to announce that
About this update from Eagleone Metals Corporation
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - February 12, 2026) - EagleOne Metals Corp. (CSE: EAGL) (\"EagleOne\" or the \"Company\") is pleased to announce that further to its previous news releases dated December 8, 2025 and February 9, 2026, the Company has entered into a share exchange agreement (the \"Share Exchange Agreement\") with Surupampa Metals Corp. (\"Surupampa\"), a private British Columbia company, and each of the shareholders of Surupampa (the \"Vendors\"). Pursuant to the Share Exchange Agreement, the Company will acquire all of the issued and outstanding shares of Surupampa (the \"Purchased Shares\") and Surupampa will become a wholly-owned subsidiary of the Company (the \"Transaction\"). About Surupampa Surupampa is a private British Columbia mining issuer whose principal asset is its interest in an option agreement (the \"Option Agreement\"), to acquire a 100% interest in the Surupampa I mining concession located in Peru (the \"Property\"). The Property is strategically located in a major mineral belt in northern Peru, near world-class deposits and is prospective for a gold-silver-copper base metal mineralization associated with a swarm of subparallel quartz veins striking approximately east-west. The principal structures at the Property are the Giuliana and Anita veins, that are quartz-dominant with minor carbonate. The Property is a compelling target for follow-up exploration based on its potential for high-grade mineralization and the Property's geological setting. The vein is hosted within a major East-West fault structure, suggesting potential for structural continuity at depth and along strike. The next stage of exploration will focus on confirming the depth and strike extent of the Giuliana vein system to define a drill target through detailed infill geological mapping and sampling, geological surveying to define vein extensions and feeder zones and the establishment of a drill program to test mineralization at depth. The Company will provide additional Property details in a subsequent news release. Pursuant to the terms of the Option Agreement, as amended pursuant to an addendum dated January 28, 2026, EagleOne, through Surupampa, will acquire a 100% interest in the Property upon: Issuance of 350,000 common shares in the capital of Surupampa upon execution of the Option Agreement (complete); Cash p...