American Eagle Grants Options To Buy 410,000 Shares

American Eagle Gold Corp. (TSX.V: AE) ("American Eagle" or the "Company") is pleased to announce that the Board of Directors has approved the grant of stock options to directors, officers, employees, and consultants of the company allowing for the acquisition of up to, in the aggregate, 410,000 shares of the Company. The options are exercisable at a price of CAD $0.13 per share for a period of five years from the date of grant and are subject to regulatory policies.

About American Eagle Gold Corp.

American Eagle Gold is traded on the TSX Venture Exchange under the symbol 'AE' and is focused on exploring its flagship property, Golden Gate. The Property is situated on the Cortez Trend, which hosts three large Carlin-type gold deposits operated by Barrick and Newmont's Joint Venture, Nevada Gold Mines (Pipeline, Cortez Hills and Goldrush). The Property is located 10 km south of Cortez Hills and 5 km south of Goldrush and shows many of the same geological characteristics as at the two deposit areas. To Speak with the Company directly, please contact: Anthony Moreau, Chief Executive Officer Phone: 416.644.1567 Email: amoreau@americaneaglegold.ca www.americaneaglegold.ca

Forward-Looking Statements

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the TSX Venture Exchange policies) accepts responsibility for the adequacy or accuracy of this release. Certain information in this press release may contain forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding whether the TSX Venture Exchange will approve the Assignment Agreement, and whether the Company's exploration efforts on the Property produce the results that are anticipated by management. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. American Eagle Gold Corp. assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to American Eagle Gold Corp. Additional information identifying risks and uncertainties is contained in filings by American Eagle Gold Corp. with Canadian securities regulators, which filings are available under American Eagle Gold Corp. profile at www.sedar.com.

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