Bald Eagle Gold closes Hot Springs interest assignment

Oct 28, 2021

2021-10-28 11:10 ET – News Release

Mr. Raymond Harari reports

BALD EAGLE ANNOUNCES CLOSING OF ASSIGNMENT OF INTEREST IN HOT SPRINGS JOINT VENTURE FOR USD$1.27 MILLION

Further to the company’s press release dated Oct. 4, 2021, Bald Eagle Gold Corp. has completed the transaction involving the assignment of its 50-per-cent joint venture interest in certain unpatented mineral claims and leases in Nevada forming the Hot Springs property to Huizenga Exploration Group LLC (HEG).

Pursuant to the terms of the transaction, the company received $1.27-million in cash.

Raymond Harari, president and director, commented: “We are pleased to have successfully completed the divestment of our position in the Hot Springs property, bringing in significant non-dilutive capital, which will enable us to undertake an exploration program in the recently acquired Hercules property. The completion of this transaction is another step towards pivoting to our prospective silver property in Idaho.”

About Bald Eagle Gold Corp.

Bald Eagle Gold is a junior mining company focused on the exploration and development of advanced exploration assets in known precious metal districts in the Americas. The company’s objective is to acquire advanced exploration projects for exploration and development. The company intends to, through evaluating historical data and utilizing modern exploration techniques and geological concepts, enhance resources. The management team and board of directors of the company have an established record of creating significant returns for investors and have demonstrated access to capital to advance the development of assets.

We seek Safe Harbor.

https://www.baldeaglegold.com/