Glen Eagle Resources Inc. provides an update to its previously announced non-brokered private placement of units of the Corporation at a price of $0.07 per Unit for gross proceeds of up to $1,000,000. . Pursuant to the TSX Venture Exchange conditional approval, the Corporation updates term of the Offering as each Unit of the Offering is comprised of one common share of the Corporation and one share purchase warrant . Each [...]
Glen Eagle Resources Inc. is pleased to announce that it will raise up to $1,000,000 by way of a non-brokered private placement of units of the Corporation at a price of $0.07 per Unit . Each Unit of the Offering is comprised of one common share of the Corporation and one share purchase warrant . Each Warrant will entitle the holder to acquire one additional Share in the capital of the Corporation at a price of $0.08 per [...]
Glen Eagle Resources Inc. is pleased to announce that it will raise up to $1,000,000 by way of a non-brokered private placement of units of the Corporation at a price of $0.07 per Unit . Each Unit of the Offering is comprised of one common share of the Corporation and one share purchase warrant . Each Warrant will entitle the holder to acquire one additional Share in the capital of the Corporation at a price of $0.08 per [...]
Glen Eagle Resources Inc. is pleased to announce the appointment of Karl Trudeau as the Corporation's new Chief Operating Officer . Mr. Trudeau is an experienced professional specialized in Mining, Production, Engineering and Processing. Mr. Trudeau brings more than 17 years of mine and industrial process management and turn around situations to Glen Eagle. As Chief Operating Officer of Glen Eagle, Mr. Trudeau will be [...]
- Glen Eagle Resources Inc. is pleased to announce that it has signed a non-exclusive licensing agreement with Cycladex Ltd to test their environmentally friendly technology delivering high yields and short extraction times. The development of the technology was supported by the National Science Foundation SBIR program and from investors in the UK. http://cycladex.com/ Cycladex uses a novel, patented chemical process to [...]
Glen Eagle Resources Inc. is pleased to announce the closing of a sold out non-brokered private placement for $600,000 representing the issuance of 12,000,000 units priced at $0.05 cents, comprised of one common share and one common share purchase warrant at an exercise price of $0.08 for a period of 24 months. Sixty-six per cent of the placement was sold to two Canadian investors with international exposure to the mining [...]
Glen Eagle Resources is pleased to announce the addition of Mr. Alp Bora to its board of directors. Alp has spent his early career with mining companies such as Rio Tinto, BHP, Vale among others. He has built a reputation over the years as an operations engineer who was instrumental in making major turnarounds for several mining companies by optimizing their production and revenues. Alp has already committed to the [...]
Glen Eagle Resources Inc. announces a revised final closing of Private Placement for 4,839,275 shares for a total consideration of $241,963 without warrants or commission as previously announced on March 11th, 2021. The private placement is subject to regulatory approval in accordance with applicable securities legislation. The securities issued in connection with the private placement, for ore purchases and working [...]
Glen Eagle Resources Inc. announces final closing of Private Placement for 4,820,000 shares for a total consideration of $241,000 without warrants or commission as previously announced on March 11, 2021. The private placement is subject to regulatory approval in accordance with applicable securities legislation. The securities issued in connection with the private placement, for ore purchases and working capital will be [...]
Glen Eagle Resources Inc. is pleased to announce that it has entered into an agreement with NSA, a Mexican based company and gold supplier to known refineries. Apart from buying the gold processed by Cobra Oro, Glen Eagle's whole subsidiary in Honduras, NSA has committed to bring 100 tons of daily ore supply to feed Cobra Oro's plant at an average grade of 4 grams gold per ton. The ore comes from a concession owned by a [...]
Glen Eagle Resources Inc. announces a private placement for up to $500,000 at 5 cents, no warrants. A first tranche of $250,000 was closed on March 11 and today the company announces an extension period of one month to close the placement on or before April 24th, 2021. The private placement is subject to regulatory approval in accordance with applicable securities legislation. The securities issued in connection with the [...]
Glen Eagle Resources Inc. announces a first closing of $250,000 at $0.05 cents with no warrants, representing half the amount that the Company intends to close. Most of the proceeds came from a few large shareholders of the Company including Eric Sprott who has increased his position from 11,118,182 to 13,118,182 shares. The proceeds will be allocated for fast turn around ore purchases which are being provided at a daily [...]
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