Wed, July 15, 2009
Tue, July 14, 2009
Mon, July 13, 2009
Fri, July 10, 2009
Thu, July 9, 2009
Wed, July 8, 2009
Tue, July 7, 2009
Mon, July 6, 2009
Fri, July 3, 2009
Thu, July 2, 2009
Wed, July 1, 2009
Tue, June 30, 2009
Mon, June 29, 2009
Fri, June 26, 2009
Thu, June 25, 2009
Wed, June 24, 2009
Tue, June 23, 2009
Mon, June 22, 2009
Sun, June 21, 2009
Fri, June 19, 2009
Thu, June 18, 2009

Glen Eagle Resources Inc.: Glen Eagle Announces $150,000 Private Placement


//stocks-investing.news-articles.net/content/200 .. n-eagle-announces-150-000-private-placement.html
Published in Stocks and Investing on Tuesday, June 30th 2009 at 18:37 GMT, Last Modified on 2009-06-30 18:37:31 by Market Wire   Print publication without navigation


MONTREAL, QUEBEC--(Marketwire - June 30, 2009) - Glen Eagle Resources Inc. (TSX VENTURE:GER)("Glen Eagle" or the "Company") announces its intention to complete a non-brokered private placement of up to 1,000,000 units at a price of $0.15 per unit. Each unit shall be comprised of 1 common share and 1 common share purchase warrant ("warrants"). The warrants shall have an expiration date of 3 years from closing of the Offering and be exercisable at $0.20 per share. Glen Eagle will pay a finder's fee subject to allowable TSX Venture rules. The proceeds shall be used for working capital. The securities issued pursuant to the Offering will be subject to a 4 month hold period. This financing is subject to TSX venture approval.

Also, an amended information circular was filed on SEDAR for Glen Eagle Resources on June 23, 2009 to fully comply with 51-102A6, regarding the compensation of upper management. Specifically, the tables on pages 4 and 5 have been modified to reflect this.

The TSX does not accept responsibility for the adequacy or accuracy of the release.



Publication Contributing Sources