Northwire Canada EditionSaturday, September 19, 2026
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M&A / Property Material −

Pacific Booker Minerals Inc. Confirms Termination of Unsolicited Take-Over Bid by American Eagle Gold and Continuation of Strategic Review

BKM · Price

Executive Summary

  • American Eagle Gold Corp. has terminated its unsolicited/hostile takeover bid for all issued and outstanding common shares of Pacific Booker Minerals Inc., effective immediately.
  • Pacific Booker will continue its previously announced strategic review process, which is being led by an independent Special Committee of the Board.
  • The company issued a correction regarding a prior June 2, 2026 announcement about its Technical Advisory Board, clarifying that a board member's professional engineering designation had lapsed.

Key Details

  • Termination of American Eagle Gold Corp.'s (TSXV: AE) unsolicited take-over bid for Pacific Booker Minerals Inc. (TSXV: BKM) is effective immediately.
  • Pacific Booker will maintain its ongoing strategic review process, currently managed by an independent Special Committee of the Board.
  • Correction issued regarding the June 2, 2026 press release: Kent Zehr's membership in the Association of Professional Engineers and Geologists of Alberta lapsed on December 31, 2025, and he should not have been described as a Professional Engineer in the prior announcement.
  • Forward-looking statements reference the ongoing strategic review process, Technical Advisory Board activities, completion of a technical review, and the preparation of a future Preliminary Economic Assessment (PEA).
Read the original news release →

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