Arizona Eagle Mining Corp. Announces Non-Brokered Private Placement Financing for Gross Proceeds of up to C$3,000,000

Toronto, Ontario--(Newsfile Corp. - May 13, 2026) - Arizona Eagle Mining Corp. (TSXV: AZEM) (the "Company" or "Arizona Eagle") is pleased to announce that it intends to complete a non-brokered private placement (the "Offering") of units of the Company (each, a "Unit") at a price of C$1.10 per Unit for aggregate gross proceeds to the Company of up to C$3,000,000. Each Unit will be comprised of one common share of the Company (each, a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant").