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Glen Eagle Resources Inc V.GER

Alternate Symbol(s):  GERFF

Glen Eagle Resources Inc. is a Canada-based company, which is engaged in the acquisition, exploration and evaluation of mining properties. The Company is engaged in the production of gold and silver from the purchasing and processing of material in Honduras. Its activities also consist of owning mining concessions in Honduras where it intends to proceed with an exploration and evaluation program. Its La Cobra property is composed of one claim covering approximately 775 hectares and located in the Valle Department, Honduras. It has three areas of interest for lithium, in the Lebel-sur-Quevillon area: Lessard property, Perigny property and Nicobi property. The Nicobi property is characterized by a one km long lake-bottom lithium anomalies varying from 33 to 45 ppm of Lithium. The Perigny property is characterized by seven km long lake-bottom lithium anomalies varying from 19 to 26 ppm of lithium. It is also looking for exploration and evaluation activities located in Quebec, Canada.


TSXV:GER - Post by User

Post by ggrelletteon Aug 14, 2022 3:31pm
216 Views
Post# 34895300

How does JEAN.............

How does JEAN............. say this will be beneficial to shareholders.................................


Glen Eagle further announces that the first payment of $500,000 dollars under the Option Agreement has been made by First Phosphate Corp. Two more payments of the same amount are due on October 17, 2022 and on February 17, 2023. The Company remains confident that the transaction will be highly beneficial to its shareholders based on 6,000,000 shares that the Company will retain within First Phosphate

Once again the shareholders here get NOTHING from this sale.
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