MONTREAL, QUEBEC--(Marketwired - Oct 6, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that Cobra Oro, a wholly owned subsidiary of Glen Eagle, has purchased 15 000 square meters of land in Choluteka, Honduras. Based on the transaction, Cobra Oro acquires its own free trade zone which will reinforce its past exemption to pay a minimum 25% flat tax on profits, 25 [...]
MONTREAL, QUEBEC--(Marketwired - Sep 28, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that Cobra Oro de Honduras, a wholly owned subsidiary by Glen Eagle just exported and sold to NTR Metals $315 000 in gold and silver. The shipment covers a period of six weeks from August 1, 2016 to September 15, 2016. The company´s objective for future exports is to [...]
MONTREAL, QUEBEC--(Marketwired - Sep 13, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that the Company is currently ordering all the necessary parts and equipment to expand Cobra Oro's gold processing plant in Honduras with the objectve to reach a potential throughput capacity of 150 tonnes per day. The agreements recently signed with several groups of local [...]
MONTREAL, QUEBEC--(Marketwired - Aug 25, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that it has secured two more sources of mineral supplies following agreements signed between Cobra Oro and two newly added groups of small miners. Cobra Oro will pay approximately 30% of the gold content delivered on site which has averaged just over 10 grams gold per tonne [...]
MONTREAL, QUEBEC--(Marketwired - Aug 9, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that the debentures issued to purchase and advance Cobra Oro's gold processing plant in Honduras have been reimbursed to their lenders in full including the debenture due out in March 2017. In return for the early payment among other negotiations, the debenture holder has [...]
MONTREAL, QUEBEC--(Marketwired - Aug 3, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that it has signed an agreement with local miners to supply Cobra Oro's processing plant with high grade mineral containing no less than 10 g/t Au. The proceeds before expanses will be shared 70/30 on average in favor of Cobra Oro. The ratio could increase to 40% for higher [...]
MONTREAL, QUEBEC--(Marketwired - Jul 21, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that the transaction to sell its Authier lithium asset for the sum of CDN $4 000 000 has been closed after Sayona Mining Ltd. and Glen Eagle have complied with all the requisites to finalize the transaction including full payment made by Sayona Mining Ltd. to acquire the [...]
MONTREAL, QUEBEC--(Marketwired - Jul 15, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") has issued 1,535,000 stock options to eight directors, officers and employees. Options are valid for five years until July 13th, 2021 with a strike price of $0.105 cents and under conditions as per the option plan approved at the shareholders meeting on June 29th, 2016. Neither the TSX Venture [...]
MONTREAL, QUEBEC--(Marketwired - Jul 6, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that Cobra Oro has shipped on July 5 to NTR Metals in Miami CDN $130,000 in gold and silver. The shipment represents production for the first three weeks of June. Approximately $50,000 worth of precious metals for the last week of June is still in the processing circuit and [...]
MONTREAL, QUEBEC--(Marketwired - Jul 4, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to report that shareholders voted strongly in favor of the agenda presented in the Proxy Circular for the Annual Meeting held on June 29, 2016. A total of 39,657,802 or 50.8% of the outstanding common shares were represented at the Meeting in person or by proxy. The sale of the Company's [...]
MONTREAL, QUEBEC--(Marketwired - Jun 23, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") announced on May 3, 2016 that it had signed a Letter of Intent (LOI) with Australian Securities Exchange listed, Sayona Mining Ltd. ("Sayona"), to sell its Authier lithium asset for the sum of four million dollars (CDN $4 000 000). Glen Eagle is pleased to announce that Sayona is close to completing [...]
MONTREAL, QUEBEC--(Marketwired - Jun 8, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that Cobra Oro has shipped on June 2 to NTR Metals in Miami CDN $185,000 in gold and silver. Previous sales by Cobra Oro were done locally through a third party. To finalize the transaction, Cobra Oro had to file for special registrations with the Ministry of Mines and Cedrex [...]
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