Glen Eagle Closes $150 000 on its Convertible Note
03 Março 2014 - 10:45AM
Marketwired
Glen Eagle Closes $150 000 on its Convertible Note
MONTREAL, QUEBEC--(Marketwired - Mar 3, 2014) - Glen Eagle
Resources Inc. (TSX-VENTURE:GER) ("Glen Eagle" or the "Company") is
pleased to announce that it has closed a first tranche totalling
$150,000 dollars on the Convertible Note bearing 20% interest and
maturing on March 3, 2016. The proceeds will be used to advance the
La Libertad Project in Nicaragua. The closing deadline for the
second tranche is March 30, 2014.
Richard LaPrairie, PEng, a civil and mining engineer will be in
Nicaragua effective this week to prepare the logistics and make
sure that the project will be ready to "Plug and Play" when the
Pilot Plant arrives on site. Mr. LaPrairie has been named
Operations Manager for the La Libertad project and brings with him
more than 30 years of experience working on similar projects.
Gilles Laverdière, P.Geo., a qualified person under NI 43-101
has approved the technical content presented herein.
For the latest information about Glen Eagle, please visit
www.gleneagleresources.com
"Neither 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."
Jean Labrecque, PresidentGlen Eagle Resources Inc.Toll free:
1-855-229-4488
Glen Eagle Resources (TSXV:GER)
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