War Eagle Mining Completes Merger With Champagne Resources

War Eagle Mining (TSXV – WAR) (“War Eagle” or the “Company”) is pleased to announce the completion of the previously announced amalgamation with Champagne Resources (“Champagne”), a private Ontario company, pursuant to which War Eagle has acquired all of the issued and outstanding common shares of Champagne.

The amalgamated company, which will be called “Champagne Resources”, will continue as a wholly-owned subsidiary of War Eagle. The amalgamation was overwhelmingly approved by Champagne Shareholders at a special meeting held on February 8, 2018 by a vote of approximately 72% of the shares outstanding, 100% in favour. There were no dissenting shareholders.

Danièle Spethmann, newly-appointed President and CEO of War Eagle commented:

“We are very pleased to have completed this amalgamation which facilitates the advancement of exploration activities on the Company’s Goodfish Kirana property.

With the amalgamation completed, we will now focus on exploration work including assaying existing drill cores and undertaking airborne and ground geophysics programs supported by the Ministry of Northern Development and Mines’ Junior Exploration Assistance Program (JEAP) initiative.”

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