Mr. Karl Trudeau reports
GLEN EAGLE RESOURCES ANNOUNCES DEBT SETTLEMENT
Glen Eagle Resources Inc. has completed the settlement of a $100,000 convertible debenture dated July 18, 2020, which matured on July 18, 2023, by issuing
2.72 million common shares at a price of five cents per common share to repay $100,000 in principal (two million common shares) and $36,000 in accrued interest (720,000 common shares). The common shares issued under the debt settlement are subject to a hold period of four months and one day pursuant to applicable securities laws.
About Glen Eagle Resources Inc.
Glen Eagle is a small producer and an exploration company of precious metals in Canada and the Central America area.
We seek Safe Harbor.
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