GER:CC - Early Warning Report Filed Pursuant to National Instrument 62-103

(TheNewswire)

Montreal, Q C - TheNewswire - April 28, 2023 - Glen Eagle Resources Inc. (the “ Corporation ”) (TSXV:GER) announcesthat it has disposed 163,500 common shares (each, a “ Share ”) of FirstPhosphate Corp. (“ FPC ”) throughout the period of April 25 toApril 28, 2023 (the “ Disposition ”). Immediately after the Disposition, the Corporation has control anddirection over an aggregate of 5,836,500 Shares representing11.30 % of theissued and outstanding Shares of FPC.

All securities of FPC controlled by Glen Eagle are heldfor investment purposes. In the future, it (directly or indirectly),may acquire and/or dispose of securities of FPC through the market,privately or otherwise, as circumstances or market conditions maywarrant.

This press release is issued pursuant to the earlywarning requirements of National Instrument 62-104 – Take-Over Bids and Issuer Bids and National Instrument 62-103 – The Early Warning System and RelatedTake-Over Bid and Insider Reporting Issues . Acopy of the early warning report to be filed by Glen Eagle inconnection with the Transaction will be available on the FPC's SEDARprofile once it has been filed in accordance with applicablesecurities laws and may be obtained by contacting:

ABOUT GLEN EAGLE RESOURCESINC.

Glen Eagle Resources Inc. is a small producer and an exploration company of precious metalsin Canada and the central America area.

For more information, pleasecontact:

Karl Trudeau
President
1-819-440-8495

Neither TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.

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