Glen Eagle Resources Inc. announced that it has CAD 309,020 in funding on April 7, 2022. The company issued 5,150,333 units at a price of CAD 0.06 per unit in the transaction. Each unit consists of one common share and one share purchase warrant, entitling the holder to acquire one additional share in the capital at a price of CAD 0.08 per warrant until April 6, 2025.

The securities issued and issuable in connection with the closing of the offering are subject to a statutory hold period expiring on August 7, 2022. The Offering and related matters remain subject to the final approval of the TSX Venture Exchange. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction.