Glen Eagle Resources Inc. Announces Private Placement

Glen Eagle Resources Inc. (TSXV:GER) enters into an agreement to proceed with a private placement for gross proceeds of up to $1.1 million.

The press release is quoted as saying:

The proceeds of the Offering combined with existing working capital will be used by Glen Eagle to conduct an exploration program on its recently optioned Lac Lisette phosphate property, to further its Autier Lithium project and for general working capital.

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