American Eagle Gold Terminates Take-Over Bid for Pacific Booker Minerals

Executive Summary

• American Eagle Gold Corp. has terminated its takeover bid for Pacific Booker Minerals Inc., effective immediately, with all deposited shares to be returned to shareholders.
• The company reaffirms its strategic focus on executing a 55,000-metre drill program at its 100%-owned NAK copper-gold porphyry project in British Columbia.
• The company publicly acknowledged the Lake Babine Nation's support for the proposed acquisition and extended wishes of success to Pacific Booker shareholders.

Key Details

• Termination of the takeover bid for Pacific Booker Minerals Inc. (TSXV: BKM) is effective immediately in accordance with the original offer terms and circular dated April 14, 2026.
• All Pacific Booker shares deposited under the offer will be promptly returned to the respective shareholders.
• Company remains focused on executing its recently commenced 55,000-metre drill program at the NAK project.
• Drill program objectives include adding project scale, identifying additional high-grade zones, further de-risking the project, and advancing it toward development.
• Company acknowledges the Lake Babine Nation's support for the proposed acquisition and the constructive relationship built in the region.