Glen Eagle Resources Inc.

Glen Eagle Resources Inc. announced on June 20, 2022 that it had entered into an option agreement with an unlisted reporting issuer 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 [...]

Glen Eagle Resources is reporting the voting results compiled by Computershare relating to its recent Annual Shareholders Meeting. In summary, a total of 37,415,446 shares were voted in favour of management as proposed in the Annual Shareholders Meeting Circular. The number of votes were equal to 99.59% of the voting and represented a participation equal to 26.52% of the total shares outstanding. As for the Option Plan [...]

Glen Eagle Resources Inc. is pleased to announce that it has entered into an option agreement with an unlisted reporting issuer, which provides the Optionee the right to acquire a 100% interest in the Moose Lake Property. 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. Jean Labrecque, President and CEO, commented: "The company [...]

Glen Eagle Resources Inc. 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 [...]

Glen Eagle Resources Inc. 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. The added claims are well detailed in a geological report [...]

Glen Eagle Resources Inc. is pleased to announce that it has closed its previously announced private placement pursuant to which it has issued an aggregate of 5,150,333 units of the Corporation at a price of $0.06 per Unit to raise aggregate gross proceeds of $309,020. Each Unit of the Offering is comprised of one common share of the Corporation and one Share purchase warrant , entitling the holder to acquire one [...]

Glen Eagle Resources, 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. Many stocks relating to the phosphate sector have also [...]

Glen Eagle Resources 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 working illegally or not compliant should be very concerned." Glen Eagle applauds the leadership of the government. Approximately 2000 small miners are [...]

Glen Eagle Resources 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. Since then, the Company has remained in close contact with Cycladex, while [...]

Glen Eagle Resources Inc. 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. The increase is in line with the ramp-up operation that started in late summer 2021 under the supervision of Karl Trudeau, COO of Glen Eagle. The increased throughput is also made possible by onboarding [...]