Glen Eagle Resources Inc.

MONTREAL, QUEBEC--(Marketwired - May 10, 2017) - Glen Eagle Resources Inc. (TSX VENTURE:GER) is pleased to announce that Cobra Oro, a wholly owned Honduran subsidiary of Glen Eagle, has completed the second phase of its plant expansion to host the new cone crusher and other equipment ready to enter production by mid-May. Glen Eagle will continue to expand its gold processing plant by developing a third phase with the [...]

MONTREAL, QUEBEC--(Marketwired - Apr 28, 2017) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") has issued 900,000 stock options to directors, a consultant and key employees of the Corporation. Options are valid for five years until April 26th, 2022, with a strike price of $0.20 cents and are under the conditions as per the option plan approved at the shareholders meeting on June 29th, 2016 [...]

MONTREAL, QUEBEC--(Marketwired - Apr 26, 2017) - Glen Eagle Resources Inc. (TSX VENTURE:GER) is pleased to announce that Cobra Oro de Honduras, a wholly own Honduran subsidiary of Glen Eagle, has reached commercial production on April 1, 2017 in line with guidance as stated in a prior news release dated February 28, 2017. The passage from production to commercial production implies that Cobra Oro will no longer capitalize [...]

MONTREAL, QUEBEC--(Marketwired - Feb 28, 2017) - Glen Eagle Resources Inc. (TSX VENTURE:GER) reports that its project to expand Cobra Oro gold processing plant in Honduras is on schedule, allowing the Company to enter commercial production in April. The Company has received more than 30 tonnes of parts and equipment that are currently being installed to improve and increase current throughput. The passage to commercial [...]

MONTREAL, QUEBEC--(Marketwired - Feb 20, 2017) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") has issued 470,000 stock options to three (3) key employees of its subsidiary, Cobra Oro de Honduras SA. Options are valid for five years until February 12th, 2022 with a strike price of $0.12 cents and under the conditions as per the option plan approved at the shareholders meeting on June 29th [...]

MONTREAL, QUEBEC--(Marketwired - Feb 16, 2017) - Glen Eagle Resources Inc. (TSX VENTURE:GER) reports that Eric Sprott, Jean Labrecque and Denis Lavigueur own 22 million shares as insiders of the Company while one shareholder and a private fund own an additional 11 million shares for a combined 33 million shares or 42% of all Glen Eagle's outstanding shares acquired at an average price of approximately $0.13 cents. For [...]

MONTREAL, QUEBEC--(Marketwired - Feb 1, 2017) - Glen Eagle Resources Inc. (TSX VENTURE:GER) is pleased to announce that Cobra Oro de Honduras, a wholly own Honduran subsidiary of Glen Eagle, has reached 90% gold recovery according to the last two months of production results. This represents a 12% increase year on year and exceeds the goal of 80% recovery set in Q1/2016 guidance "Management Discussion & Analysis [...]

MONTREAL, QUEBEC--(Marketwired - Jan 11, 2017) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") announces that Cobra Oro de Honduras, a wholly owned subsidiary of Glen Eagle sold $1.1 million dollars in dore bars from June through December 2016 while generating sufficient cash flow to pay for $130,000 of on-sight capital expenses over the same period. The Company expects to enter commercial [...]

MONTREAL, QUEBEC--(Marketwired - Jan 3, 2017) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that Sandgold SA, a wholly owned subsidiary of Glen Eagle was sold to a private party at arm's length for the sum of CDN $100 000 dollars and 3% NSR on future development of Sandgold's initial project in La Libertad, Nicaragua. The Buyer has made a deposit of $7000 to secure a [...]

MONTREAL, QUEBEC--(Marketwired - Nov 24, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that the most valuable permit (beneficiary permit) to meet mining compliance in Honduras has been renewed irrevocably in favor of Cobra Oro for the next fifteen years while its environmental permit was just approved and validated until 2019. The Company is also pleased to [...]