GER:CC - Glen Eagle's Moose Lake Phosphate Project

(TheNewswire)

March 29, 2022 – TheNewswire - Glen Eagle Resources, (TSX V :GER) (OTC:GERFF) ( “ Glen Eagle ”the “Company”, or “ GER ”) announces that due to a renewed interest in phosphate asa key global commodity, which Bloomberg News has recently described asone of the best growth sectors of the economy for the next ten years;the Company has decided to bring added value once again to its whollyowned Moose Lake phosphate project, located just north of Chicoutimi,Quebec.

Many stocks relating to the phosphate sector have alsoperformed very well over the last few months, which brings the Companyto reevaluate Moose Lake and look at every possible option to increaseshareholder’s value by reinstating the project as a valuable assetwithin Glen Eagle’s portfolio.

The Company will keep the market informed in a timelymanner regarding future information and further development on MooseLake.

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

Jean Labrecque

Glen Eagle Resources Inc

2075 Victoria Street, Suite 201

St-Lambert, Quebec

J4S-1H1

514-808-9807

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