Glen Eagle Resources Inc.: Stock Options

MONTREAL, QUEBEC--(Marketwired - Jan. 25, 2018) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") announces that it has granted 225,000 stock options to one officer and two employees of its subsidiary, Cobra Oro de Honduras. The options are valid for five years until January 24^th, 2023, with an exercise price of $0.225 and are subject to the terms and conditions of the stock option plan approved at the last shareholders annual meeting.

The Company also cancelled 225,000 options previously issued at various prices from $0.10 to $0.20.

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