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Eagle Plains Resources Ltd V.EPL

Alternate Symbol(s):  EGPLF

Eagle Plains Resources Ltd. is a Canadian based mineral exploration company operating in Western Canada exploring for gold, critical-metals, uranium, lithium, rare earth elements and industrial minerals. Its business is engaged in acquiring grassroots critical-and precious-metal exploration properties. Its projects include Acacia Project, Iron Range Project, Kalum Project, Vulcan Project, Cathro Project, Knife Lake Project, Olson Project, Schotts Lake, Dictator Project, and Elizabeth Lake Project, among others. The Acacia Project is located 60 kilometers (km) NE of Kamloops, British Columbia (BC) and cover approximately 4857 hectares (ha). The Iron Range Property is located one km NE of Creston in SE B.C and covers 70,473 ha. The Kalum Property is located 35 km NW of Terrace, BC. The Vulcan Property is located 30 km NW of the historic Sullivan Mine at Kimberley, British Columbia. The Elizabeth Lake Project cover an area of 1266 ha and are located 21 km north of La Ronge, Saskatchewan.


TSXV:EPL - Post by User

Comment by NineLiveson Jul 21, 2023 7:02am
79 Views
Post# 35551030

RE:RE:RE:RE:New Press Release - Eagle Plains Provides Update on Expanded Vulcan Drill Program, Announces Flow-through Financing

RE:RE:RE:RE:New Press Release - Eagle Plains Provides Update on Expanded Vulcan Drill Program, Announces Flow-through FinancingFlow thru shares are always priced a little higher in price than a regular placement. So in effect management is effectively saying to the market our share price is only worth about 18 cents. To me that's ridiculous with a company generating over $20 million in revenue annually. The more I think about this additional share issuance the more stupid it looks. Creating any form of dilution when not needed is mind boggling. Who got the tax write off ? Not happy at all.
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