GERFF - Glen Eagle Resources Provides Update for Private Placement
(TheNewswire)
Montreal, Quebec, CANADA - TheNewswire – August 31, 2021 – Glen EagleResources Inc. (the “ Corporation ”)(TSXV:GER) provides an update to its previously announced non-brokeredprivate placement of units of the Corporation at a price of $0.07 perUnit for gross proceeds of up to $1,000,000. (the “ Offering ”).
Pursuant to the TSX Venture Exchange (the“ TSXV ”) conditional approval, the Corporation updates term ofthe Offering as each Unit of the Offering is comprised of one commonshare of the Corporation (each a “ Share ”) and oneshare purchase warrant (each a “ Warrant ”). EachWarrant will entitle the holder to acquire one additional Share in thecapital of the Corporation at a price of $0.085 per Warrant for aperiod of 24 months from the date the Units are issued.
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:
Jean Labrecque
President
1-514-808-9807
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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