TSX-MONTRÉAL, Dec. 10, 2024 /CNW/ - Glen Eagle Resources Inc. announces that at its special meeting of shareholders held on December 3, 2024, it received the necessary approval from its shareholders with respect to the transactions contemplated by the share purchase option agreement dated September 23, 2024 with Cobra Oro De Honduras, S.A. DE C.V. , a corporation existing under the laws of Honduras, and Gold Max, S DE [...]
VANCOUVER, BC, May 7, 2024 /CNW/ - The following issues have been halted by CIRO Company: Glen Eagle Resources Inc. TSX-Venture Symbol: GER All Issues: Yes Reason: Cease Trade Order Halt Time : 7:45 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]
Montreal, Quebec / TheNewswire / March 15, 2024; Glen Eagle Resources Inc. announces that the court has homologated the judgement, ordering the Company to pay Gem Yield Bahamas Limited a compensation of $1,875,895 dollars including interest and $90,000 in penalty. The amount awarded by the arbitrator Simon Potter on September 8, 2022 was $1,502,583 or less than half of what GEM was seeking. The Company has no intention to [...]
Montreal, August 10, 2023 - Glen Eagle Resources Inc. is pleased to announce that it has completed the settlement of a $100,000 convertible debenture dated July 18, 2020 which matured on July 18, 2023, by issuing 2,720,000 common shares at a price of $0.05 per Common Share to repay $100,000 in principal and $36,000 in accrued interest . The Common Shares issued under the Debt Settlement are subject to a hold period of [...]
Montreal, June 21, 2023 - Glen Eagle Resources Inc. is pleased to announce that it has acquired by map designation 120 mining claims in three groups in the Lebel-sur-Quevillon area, Northwestern Quebec. The 3 groups of claims are prospective for lithium. On the Lessard property, pegmatites have been recognized on the property in close association with a lake-bottom lithium anomaly of 61 ppm of Lithium. The property is [...]
Montreal, June 6, 2023 - Glen Eagle Resources Inc. is pleased to announce that the Company has nominated Mr. Michel Serres for election to the Corporation's board of directors in connection with its upcoming annual general meeting , to be held on June 22, 2023. Mr. Serres has more than 30 years of industry experience, including the last 22 in mining and technology. He has occupied Upper Management positions with Original [...]
Montreal, May 11, 2023 - Glen Eagle Resources Inc. announces that it has disposed of 436,500 common shares of First Phosphate Corp. , and that it has entered into an agreement dated May 10, 2023 to dispose of an additional 2,700,000 Shares on or before May 31, 2023. The Corporation currently owns 5,400,000 Shares, representing approximately 10.45% of the issued and outstanding Shares on a non-diluted basis. On closing of [...]
Montreal, May 4, 2023 - Glen Eagle Resources Inc. is pleased to announce that Armando Farhate has been appointed as Director of the Corporation, as part of its restructuring process. Armando Farhate, a Brazilian citizen, has more than 35 years of industry experience with the last twelve years being focused in the mining sector. He has occupied C-Level and Upper Management positions in mining companies in Brazil, Canada [...]
Montreal, April 28, 2023 - Glen Eagle Resources Inc. announces that it has disposed 163,500 common shares of First Phosphate Corp. throughout the period of April 25 to April 28, 2023 . Immediately after the Disposition, the Corporation has control and direction over an aggregate of 5,836,500 Shares representing 11.30% of the issued and outstanding Shares of FPC. All securities of FPC controlled by Glen Eagle are held for [...]
Montreal, April 20, 2023 - Glen Eagle Resources Inc. is pleased to announce that the Corporation's Board of Directors has appointed Karl Trudeau as the President and CEO effective immediately. Trudeau will be replacing Jean Labrecque, Chairman of the Board, who has been serving as President and CEO since 2005. Trudeau will also continue serving as a member of the Board of Directors. "Karl offers a rare combination of [...]
Montreal, April 17, 2023 - Glen Eagle Resources Inc. announces that it has paused operations at the Cobra Oro gold processing plant in Honduras to review its plan and assess its options. Management has concluded that improvements on grade quality were necessary to ensure profitable recoveries, and placed the plant on care and maintenance mode to focus on sourcing higher-grade material in sufficient volume. By doing so [...]
Glen Eagle Resources Inc. announces that the Arbitrator retained to render a decision regarding the GEM claim against the Corporation has ruled in favor of the Claimant, ordering the Corporation to pay $1,500,000 in damages to GEM Bahamas for not issuing warrants, which issuance would have been in violation of TSXV policies among other things. The Company is currently evaluating its options with its legal counsel and will [...]