Glen Eagle Resources - Share for Debt Private Placement

2020-09-21 / @thenewswire

(TheNewswire)

TheNewswire - Glen Eagle Resources, September 21, 2020 (TSX VENTURE:GER) (“Glen Eagle” the “Company”, or “GER”) (TSXV:GER) announces today that in relation to the current 2000 meters diamond drilling program announced on May 12, 2020, it settled outstanding indebtedness of $76,314 through the issuance of 763,135 common shares of the Corporation at a deemed price of $0.10 per common share (the debt settlement). The common shares issued in connection with the debt settlement are subject to a hold period that expires on January 22, 2021.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

Jean Labrecque, President

Glen Eagle Resources Inc

4710 St-Antoine Street, Suite 308

Montréal, Québec

Canada

Tel: 514-808-9807