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GER Glen Eagle Resources Inc

0.005
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Glen Eagle Resources Inc TSXV:GER TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.005 0.005 0.005 0 01:00:00

Glen Eagle Resources Signs Gold Sales Agreement with Diverse Equities

18/12/2013 1:34pm

Marketwired Canada


Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is
pleased to announce that its wholly own subsidiary Sand Gold SA has entered into
a sales agreement with Diverse Equities, a company that specializes in buying
and selling gold since 1993.


Diverse Equities will take delivery of the gold at the Managua airport in
Nicaragua by making an advanced payment to Sand Gold two days prior delivery
which will reduce to a minimum the time spread between production and payment,
enabling the company to use its working capital very efficiently.


On another matter, Glen Eagle has named Richard Laprairie as Operation Manager
in Nicaragua based on its past experience on similar projects. He is currently
in Nicaragua to overview the implementation of the infrastructure. Richard is a
Professional Mining/Civil Engineer with over 38 years of international industry
experience that includes Project Management for both underground and surface
mines, mineral exploration and evaluation of exploration results, civil
engineering, mine development, mill construction and startup.


Gilles Laverdiere, P.Geo., a qualified person under NI 43-101 has approved the
technical content presented herein.


"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release."


FOR FURTHER INFORMATION PLEASE CONTACT: 
Glen Eagle Resources Inc.
Jean Labrecque, President
Toll free: 1-855-229-4488
www.gleneagleresources.com

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