Business
EagleOne Metals Signs Market Making Agreement, Announces $240,000 Financing
Vancouver, British Columbia--(Newsfile Corp. - February 17, 2026) - EagleOne Metals Corporation (CSE: EAGL) (FSE: I2J) ("EagleOne" or the "Company") announces t
About this update from Eagleone Metals Corporation
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - February 17, 2026) - EagleOne Metals Corporation (CSE: EAGL) (FSE: I2J) (\"EagleOne\" or the \"Company\") announces that it has entered into an agreement (the \"Agreement\") with Venture Liquidity Providers Inc. (\"VLP\"), pursuant to which VLP has agreed to provide market making services to the Company in accordance with the policies of the Canadian Securities Exchange (the \"CSE\") and applicable laws. VLP will trade shares of the Company on the CSE and other applicable trading venues to maintain a reasonable market and improve market liquidity for the Company's common shares. The Agreement's effective date is February 17, 2026, with an initial term of three months, which will automatically extend for successive one-month terms, unless terminated by either party upon notice. In consideration of VLP's services, EagleOne will pay it compensation of $5,000 per month. VLP will not receive shares, options, or other securities as compensation and capital used for market making will be provided by VLP solely. VLP and the Company are unaffiliated entities. Private Placement EagleOne also announces that is undertaking a non-brokered private placement of up to 400,000 units (the \"Units\") of the Company at a price of $0.60 per Unit for total gross proceeds to the Company of up to $240,000 (the \"Financing\"). Each Unit will consist of one common share (\"Share\") and one half of one share purchase warrant (\"Warrant\"), with each full Warrant entitling the holder to acquire an additional Share at a price of $0.80 for a period of two years, subject to EagleOne's right to accelerate the expiry date of the Warrants if the trading price of the EagleOne's common shares equals or exceeds $1.00 for a period of five consecutive trading days. The proceeds of the Financing will be used for property agreement payments, marketing, and general working capital. Insiders may participate in the Financing including subscriptions from related parties of the Company as defined in Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (\"MI 61-101\"). The participation of Insiders in the Financing shall be exempt from formal valuation and minority shareholder approval requirements as the purchase of securities shall not exceed 25% of the Company's market capitalizati...