Glen Eagle Resources Inc. (Montreal, Quebec, March 23, 2020; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) a Canadian based company is pleased to announce that it has reached an agreement to secure an operating line of credit and has completed a strategic acquisition of a mining concession located in one of the best gold bearing and mining friendly regions of Honduras.
Glen Eagle Resources Inc. (Montreal, Quebec, March 26, 2020 - TSX.V: GER) (or "the Company") a canadian based company, is pleased to announce it has successfully completed $25M in equity capital facility with New York-based GEM Global Yield LLC SCS representing the first major institutional backing for Glen Eagle Resources.
MONTREAL, April 14, 2020 (GLOBE NEWSWIRE) -- Glen Eagle Resources Inc. (Montreal, Quebec, April 14, 2020; TSX VENTURE: GER) (“Glen Eagle” or the “Company”) is pleased to announce the appointment of Mr. Andrew Waller to the board of directors of Glen Eagle Resources.
MONTREAL, April 15, 2020 (GLOBE NEWSWIRE) -- Glen Eagle Resources (TSX VENTURE:GER) (“Glen Eagle”, the “Company”, or “GER”) announces that management has recently scaled down its operations in Honduras to care and maintenance purposes due to the current restrictions affecting the country with regard to the pandemic. The Company will restart operations at its Cobra Oro 150 TPD Merrill Crowe gold processing plant when the government, according to its latest decree, plans to lift on April 19 the lockdown measures that were implemented since mid-March. During this time, management plans to have the production plant reviewed by a certified process engineer to evaluate the overall gold recovery rate for optimal utilization and performance.
Glen Eagle Resources, May 7, 2020 (TSX VENTURE: GER) (“Glen Eagle” the “Company”, or “GER”) is pleased to announce that Minera Moloncasa SA, an important ore supplier to Cobra Oro gold processing plant has found a super enrichment zone (often called “bonanza” locally) while working on a crosscut to bridge the main shaft serving its artisanal underground mine.