Mr. Jean Labrecque reports
GLEN EAGLE RESOURCES INC.: STOCK OPTIONS
Glen Eagle Resources Inc. has granted 425,000 stock options to three key employees of its subsidiary, Cobra Oro de Honduras. The options are valid for five years until Feb. 13, 2025, with an exercise price of 10 cents and are subject to the terms and conditions of the stock option plan approved at the last shareholders annual meeting.
The company also cancelled 525,000 options previously issued at various prices from 10 cents to 23 cents.
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