News

Eagle Plains Increases Financing

Cranbrook, BC; 15th November, 2006: Eagle Plains Resources Ltd. (TSX-V:EPL) announces that due to overwhelming interest in its recently-announced financing, it has increased the amount of funding to be raised from $2,100,000 to $2,975,000. Eagle Plains intends to complete a brokered and non-brokered private placement to arms-length and non arms-length investors.

Eagle Plains Announces Financing

Cranbrook, BC; 10 November, 2006: Eagle Plains Resources Ltd. (TSX-V:EPL) announces that it intends to complete a brokered and non-brokered private placement to arms-length and non arms-length investors. Application will be filed with the TSX Venture Exchange (TSX-V) to sell up to 2,000,000 Flow-through at a price of $.80 CDN per unit, each unit consisting of a flow-through common share and a non-flow-through common share purchase warrant, each whole warrant exercisable at $1.00 CDN for an 18-month period. 

Eagle Plains Agrees to Sell Coyote Creek Gypsum Project

Cranbrook, B.C., 19 October, 2006: Eagle Plains Resources Ltd. (EPL:TSX-V) has completed an option-to-purchase agreement with CGC Inc. (a New Brunswick- registered company).  Under terms of the agreement, CGC has the right to acquire a 100% interest in EPL’s 100% owned Coyote Creek gypsum project located in the Coyote Creek area 50km NE of Cranbrook, BC.  CGC has paid to EPL the sum of $30,000 for the right to evaluate the property; the agreement expires on October 2, 2007.

Eagle Plains Closes $300,000 Financing

Cranbrook, B.C., 28 September, 2006: Eagle Plains Resources Ltd. (EPL:TSX-V) has closed  a non-brokered public offering as announced on September 7, 2006. The financing was comprised of 461,538 units at a price of $0.65 CDN per unit for aggregate proceeds of $300,000 CDN.  Each unit consisted of one (1) “flow-through” common share and one half (1/2) of one non-flow-through common share purchase warrant.

Eagle Plains Commences Drilling Program on Sphinx Molybdenum Project

Cranbrook, B.C. 22 September, 2006: Eagle Plains Resources Ltd.(EPL:TSX-V) has commenced a  6,500’ (2,000m) diamond drilling program on it’s 100% controlled Sphinx property, located 60 km west of Kimberley, BC. Two drill rigs will be moved to the property immediately, with drilling activity to occur over the next 2-3 weeks. 

Eagle Plains/Mulligan Capital Corp Commence Airborne Geophysical Survey on Eagle Lake, Saskatchewan Uranium Property

Cranbrook, B.C., September 13th, 2006: Eagle Plains Resources Ltd. (TSX-V:EPL) and Mulligan Capital Corp (TSX-V:MCC.P) announce that an airborne geophysical survey will commence immediately on EPL’s 100% owned Eagle Lake uranium project located 28 km southeast of Cameco's Key Lake mining operation in north-central Saskatchewan, Canada. 

Eagle Plains Announces Financing

Cranbrook, BC; 07 September, 2006: Eagle Plains Resources Ltd. (TSX-V:EPL) announces that it intends to complete a brokered private placement to a single arms-length investor. Application will be filed with the TSX Venture Exchange (TSX-V) to sell 461,538 units at a price of $0.65 CDN per unit for aggregate proceeds of $300,000 CDN.  Each unit will consist of one (1) “flow-through” common share and one half (1/2) of one non-flow-through common share purchase warrant.

Eagle Plains/Mulligan Capital Corp Execute Letter of Intent to Option Eagle Lake, Saskatchewan Uranium Property

Cranbrook, B.C., August 22nd, 2006: Eagle Plains Resources Ltd. (TSX-V:EPL) and Mulligan Capital Corp (TSX-V:MCC.P) have executed a Letter of Intent whereby Eagle Plains has agreed to grant an option to Mulligan to earn a 60% interest in EPL’s 100% owned Eagle Lake uranium project located 28 km southeast of Cameco's Key Lake mining operation in north-central Saskatchewan, Canada.

Eagle Plains Receives 5700 Stream-Sediment Samples from Mackenzie Valley Zinc Project Area, NWT

Cranbrook, B.C. 27 June, 2006: Eagle Plains Resources Ltd. (EPL:TSX-V) has completed an agreement with a private B.C. company whereby EPL has retained maps and sample pulps for an area of approximately 19,000 sq km located in the Mackenzie Mountains of western Northwest Territory, Canada.

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