Montreal, Quebec, CANADA – August 10, 2022 – Glen Eagle Resources Inc. (the “Corporation”) (TSXV: GER) announced on June 20, 2022 that it had entered into an option agreement with an unlisted reporting issuer (referred to as the “Optionee”) to acquire a 100% interest in the Moose Lake phosphate project located in the Province of Quebec. The Optionee’s name was not mentioned at the time. Glen Eagle can now confirm that the Optionee is First Phosphate Corp, a non-listed but compliant reporting issuer which is planning to go public in the near future.
Montreal, Quebec, CANADA – June 20, 2022 – Glen Eagle Resources Inc. (the “Corporation”) (TSXV: GER) is pleased to announce that it has entered into an option agreement (the “Agreement”) with an unlisted reporting issuer (the “Optionee”), which provides the Optionee the right to acquire (the “Option”) a 100% interest in the Moose Lake Property (the “Property”) located in the Province of Quebec. The Property is subject to a 1% NSR interest to an arm’s length third party. The NSR can be bought back for a consideration of $1,000,000.
MONTREAL, May 11, 2022 -- Glen Eagle Resources Inc. (TSX.V: GER) (or "the Company") is pleased to announce that the Cobra Oro gold processing plant, a wholly owned subsidiary of the Company, has received a major overhaul of its operations in Honduras. The new team that COO Karl Trudeau has brought on board is doing an outstanding job and consequently, the improvements at the Cobra Oro gold processing plant are truly remarkable and bound to have an impact on Cobra Oro’s upcoming revenues.
Montreal, Quebec, Canada – April 20, 2022 – Glen Eagle Resources Inc. (“Glen Eagle”) (TSXV:GER) announces the acquisition of 27 additional claims adjacent to Moose Lake. The acquisition is to further maximize the property’s value by adding geological and drilling data to the project. Moose Lake is wholly owned by the Company and located approximately 100 kilometers north of Chicoutimi, the fight largest city in Quebec Province.
Glen Eagle Resources, March 29, 2022 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) announces that due to a renewed interest in phosphate as a key global commodity, which Bloomberg News has recently described as one of the best growth sectors of the economy for the next ten years; the Company has decided to bring added value once again to its wholly owned Moose Lake phosphate project, located just north of Chicoutimi, Quebec.
Glen Eagle Resources, March 8, 2022 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) has posted on its website a video showing the government’s position with regards to the mining industry in Honduras. The declaration states “that the companies operating with legal mining permits will continue their operations as usual but those that are not compliant should be very concerned.”
Glen Eagle Resources, February 23, 2022 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) announced in a news release dated June 15, 2021 that it was partnering with Cycladex to test an environmentally friendly technology that could better serve our mining suppliers by addressing a broader spectrum of mining needs, accelerating our leach time and improving recovery without affecting Cobra’s current operations.
Montreal, Quebec, Canada – February 10, 2022 – Glen Eagle Resources Inc. (“Glen Eagle”) (TSXV:GER) announces an increase in production capacity from 100 to 150 tons per day by adding a third shift at Cobra Oro gold processing plant in Honduras; a wholly owned subsidiary of the Company.
Glen Eagle”) (TSXV:GER) announces a Joint Venture with Indexta SA, the largest concession owner in Honduras with a portfolio exceeding 50 mining concessions including land ownership encompassing the vast majority of its concessions.