Glen Eagle Resources (GERFF) 0.0900 $GERFF
Glen Eagle Secures Two Additional Sources of Mineral Supplies
Marketwire Canada - Thu Aug 25, 7:46AM CDT
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 since the agreement was signed, meeting the minimum grade requirements as per the agreement. The Company has now four sources of mineral supplies including the open deposit where most of its feed was being hauled for the past year.
GER.VN: 0.125 (-0.005)
Glen Eagle Pays Back Its Debentures
Marketwired - Tue Aug 09, 7:46AM CDT
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 agreed to remit at no cost to the Company the 10% stake it owned in Cobra Oro de Honduras.
GER.VN: 0.125 (-0.005)
Glen Eagle Receives High Grade Mineral Supplies 31.4 Grams Gold per Tonne to Be Processed at Cobra Oro's Plant in Honduras
Marketwire Canada - Wed Aug 03, 7:31AM CDT
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 grade mineral exceeding 25 g/t Au. The agreement was signed in compliance with the local mining regulations.
GER.VN: 0.125 (-0.005)
Glen Eagle Exports his First Shipment of Precious Metal to the US Market
Marketwire Canada - Wed Jun 08, 7:31AM CDT
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.
GER.VN: 0.125 (-0.005)
Glen Eagle to Export Over 1900 Ounces in Precious Metals
Marketwired - Tue May 10, 11:01AM CDT
MONTREAL, QUEBEC--(Marketwired - May 10, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company" is pleased to announce that it is in progress to export approximately 100 ounces in gold and 1,800 ounces in silver from Cobra Oro's custom milling plant in Honduras with 70% of its content having been produced in the last six weeks. Despite Cobra Oro's expansion program with the development of a cyanide circuit, the plant was operating at one third of its throughput capacity due to an excess of waste material overfilling its leaching tanks. To resolve the problem, the Company has built a tailing pond scheduled to be completed in the coming days which will allow the plant to reach its current throughput capacity of 40 tonnes per day. Processing more tonnage at this stage is a matter of buying additional equipment and the Company is confident based on its current knowledge and data accumulated over the past several months that it can increase throughput capacity to 100 tonnes per day with an investment of less than $100,000 dollars. All efforts will be aimed at reaching this goal in the near future.
GER.VN: 0.125 (-0.005)
Glen Eagle in Progress to Sell Authier for the Sum of Four Milion Canadian Dollars (CDN $4 000 000)
Marketwired - Tue May 03, 7:17AM CDT
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company" is pleased to announce that it has signed a Letter of Intent (LOI) with Australian Securities Exchange listed, Sayona Mining Limited ("Sayona", to sell its Authier lithium asset for the sum of four million dollars (CDN $4 000 000). Sayona Mining specializes in sourcing, exploring and developing lithium and graphite assets on several continents. Sayona's directors have extensive experience in the lithium industry with three of its directors serving on the board of Altura Mining Limited and two of them being previously founders of Orocobre Limited.
GER.VN: 0.125 (-0.005)
Glen Eagle's Processing Plant in Honduras Reaches Its Objective In Recovering Precious Metals
Marketwired - Wed Apr 13, 7:46AM CDT
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company" is pleased to announce that Cobra Oro`s newly built cyanide circuit is performing as expected with gold and silver recovery ranging between 80% to 85% over the entire production process.
GER.VN: 0.125 (-0.005)
Glen Eagle Closes Private Placement
Marketwired - Tue Mar 22, 3:35PM CDT
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company" is pleased to announce the closing of a non-brokered private placement at a price of $0.05 cents per Unit, each Unit being comprised of one (1) common share and one half (1/2) common share purchase warrant at an exercise price of $0.10 per warrant share valid for a period of 24 months following the Closing Date. The total proceeds of the "Offering" ($250,000) for which no commission was paid will be allocated for working capital purposes. As a result, 5,000,000 common shares were issued by the Company.
GER.VN: 0.125 (-0.005)
Eric Sprott Announces Acquisition of Securities of Glen Eagle Resources Inc.
Marketwired - Fri Mar 18, 10:09AM CDT
Eric Sprott ("Sprott" announces that on December 23, 2015, he acquired (the "Acquisition" ownership and control over 2,000,000 units ("Acquired Units" of Glen Eagle Resources Inc. (the "Corporation" at a purchase price of $0.05 per unit, each unit being comprised of one common share ("Share" and one-half common share purchase warrant (each whole common share purchase warrant, a "Warrant". Each Warrant is exercisable for a Share (a "Warrant Share" for a period of up to two years at an exercise price of $0.10 per Warrant Share. The Acquired Units represent approximately 4.1% of the currently issued and outstanding Shares on a partially diluted basis.
Glen Eagle's Plant Expansion in Honduras Completed
Marketwired - Tue Jan 26, 7:46AM CST
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company" is pleased to announce that Cobra Oro's second development phase to built a cyanide circuit for its processing plant in Honduras has been completed and production is scheduled to start in the coming days.
GER.VN: 0.125 (-0.005)
Glen Eagle Secures Two Additional Sources of Mineral Supplies
Marketwire Canada - Thu Aug 25, 7:46AM CDT
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 since the agreement was signed, meeting the minimum grade requirements as per the agreement. The Company has now four sources of mineral supplies including the open deposit where most of its feed was being hauled for the past year. GER.VN: 0.125 (-0.005)
Glen Eagle Pays Back Its Debentures
Marketwired - Tue Aug 09, 7:46AM CDT
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 agreed to remit at no cost to the Company the 10% stake it owned in Cobra Oro de Honduras. GER.VN: 0.125 (-0.005)
Glen Eagle Receives High Grade Mineral Supplies 31.4 Grams Gold per Tonne to Be Processed at Cobra Oro's Plant in Honduras
Marketwire Canada - Wed Aug 03, 7:31AM CDT
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 grade mineral exceeding 25 g/t Au. The agreement was signed in compliance with the local mining regulations. GER.VN: 0.125 (-0.005)
Glen Eagle Exports his First Shipment of Precious Metal to the US Market
Marketwire Canada - Wed Jun 08, 7:31AM CDT
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. GER.VN: 0.125 (-0.005)
Glen Eagle to Export Over 1900 Ounces in Precious Metals
Marketwired - Tue May 10, 11:01AM CDT
MONTREAL, QUEBEC--(Marketwired - May 10, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company"
is pleased to announce that it is in progress to export approximately 100 ounces in gold and 1,800 ounces in silver from Cobra Oro's custom milling plant in Honduras with 70% of its content having been produced in the last six weeks. Despite Cobra Oro's expansion program with the development of a cyanide circuit, the plant was operating at one third of its throughput capacity due to an excess of waste material overfilling its leaching tanks. To resolve the problem, the Company has built a tailing pond scheduled to be completed in the coming days which will allow the plant to reach its current throughput capacity of 40 tonnes per day. Processing more tonnage at this stage is a matter of buying additional equipment and the Company is confident based on its current knowledge and data accumulated over the past several months that it can increase throughput capacity to 100 tonnes per day with an investment of less than $100,000 dollars. All efforts will be aimed at reaching this goal in the near future. GER.VN: 0.125 (-0.005)
Glen Eagle in Progress to Sell Authier for the Sum of Four Milion Canadian Dollars (CDN $4 000 000)
Marketwired - Tue May 03, 7:17AM CDT
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company"
is pleased to announce that it has signed a Letter of Intent (LOI) with Australian Securities Exchange listed, Sayona Mining Limited ("Sayona", to sell its Authier lithium asset for the sum of four million dollars (CDN $4 000 000). Sayona Mining specializes in sourcing, exploring and developing lithium and graphite assets on several continents. Sayona's directors have extensive experience in the lithium industry with three of its directors serving on the board of Altura Mining Limited and two of them being previously founders of Orocobre Limited. GER.VN: 0.125 (-0.005)
Glen Eagle's Processing Plant in Honduras Reaches Its Objective In Recovering Precious Metals
Marketwired - Wed Apr 13, 7:46AM CDT
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company"
is pleased to announce that Cobra Oro`s newly built cyanide circuit is performing as expected with gold and silver recovery ranging between 80% to 85% over the entire production process. GER.VN: 0.125 (-0.005)
Glen Eagle Closes Private Placement
Marketwired - Tue Mar 22, 3:35PM CDT
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company"
is pleased to announce the closing of a non-brokered private placement at a price of $0.05 cents per Unit, each Unit being comprised of one (1) common share and one half (1/2) common share purchase warrant at an exercise price of $0.10 per warrant share valid for a period of 24 months following the Closing Date. The total proceeds of the "Offering" ($250,000) for which no commission was paid will be allocated for working capital purposes. As a result, 5,000,000 common shares were issued by the Company. GER.VN: 0.125 (-0.005)
Eric Sprott Announces Acquisition of Securities of Glen Eagle Resources Inc.
Marketwired - Fri Mar 18, 10:09AM CDT
Eric Sprott ("Sprott"
announces that on December 23, 2015, he acquired (the "Acquisition" ownership and control over 2,000,000 units ("Acquired Units" of Glen Eagle Resources Inc. (the "Corporation" at a purchase price of $0.05 per unit, each unit being comprised of one common share ("Share" and one-half common share purchase warrant (each whole common share purchase warrant, a "Warrant". Each Warrant is exercisable for a Share (a "Warrant Share" for a period of up to two years at an exercise price of $0.10 per Warrant Share. The Acquired Units represent approximately 4.1% of the currently issued and outstanding Shares on a partially diluted basis. Glen Eagle's Plant Expansion in Honduras Completed
Marketwired - Tue Jan 26, 7:46AM CST
Glen Eagle Resources Inc. (TSX VENTURE: GER) ("Glen Eagle" or the "Company"
is pleased to announce that Cobra Oro's second development phase to built a cyanide circuit for its processing plant in Honduras has been completed and production is scheduled to start in the coming days. GER.VN: 0.125 (-0.005)
