Mr. Karl Trudeau reports

GLEN EAGLE RESOURCES PROVIDES AN UPDATE ON COBRA ORO TRANSACTION

Glen Eagle Resources Inc., further to the company's news release dated Aug. 25, 2026, regarding the entry into a share purchase agreement between Canaan Minerals S. De R.L. and the company, whereby the purchaser will acquire all the issued and outstanding shares of Cobra Oro Honduras S.A., has received conditional approval from the TSX Venture Exchange with respect to the transaction.

Completion and final acceptance of the transaction is subject to the fulfilment of certain conditions, including receipt of the cash payments by Glen Eagle and shareholder approval for the transaction at the upcoming annual general and special meeting of shareholders of the company taking place on Nov. 4, 2026.

About Glen Eagle Resources Inc.

Glen Eagle Resources is a small producer and an exploration company of precious metals in Canada and Central America.

We seek Safe Harbor.