Bought another 20,000 shares todayWow...It's obvious that things are really starting to click with the sale of the Authier property and the issuance of options to GER's eight directors, officers and employees. (I assume that they could've take cash instead of the options because all of the options were issued at .105 cents each - which is the going price of the stock.)
In any event, I believe the next PR will announce some big news. And that's why I bought another 20,000 shares this morning. After all, you don't issue options to yourself and your employees if you think the share price is going to go down!
Cheers!
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MONTREAL, QUEBEC--(Marketwired - July 15, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") has issued 1,535,000 stock options to eight directors, officers and employees. Options are valid for five years until July 13th, 2021 with a strike price of $0.105 cents and under conditions as per the option plan approved at the shareholders meeting on June 29th, 2016.
Neither the 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.