War Eagle to Acquire Andromeda Resources
War Eagle Mining Company Inc. has entered into an agreement dated January 11, 2013 with Toronto-based Andromeda Resources Inc., which is a private company incorporated in Ontario. The agreement contemplates that pursuant to a so-called “triangular merger” the shareholders of Andromeda (other than War Eagle) will exchange each issued and outstanding common share of Andromeda held by them for 0.897 common shares of War Eagle such that the shareholders of War Eagle on the effective date of the merger will own approximately 80% of the outstanding shares of War Eagle and the shareholders of Andromeda (other than War Eagle) will own the remaining 20%. Andromeda will continue as a wholly-owned subsidiary of War Eagle.









