Glen Eagle Resources Inc.
TSX VENTURE : GER

Glen Eagle Resources Inc.

October 09, 2015 14:38 ET

Denis Lavigueur Increases Its Interest In Glen Eagle Resources

MONTREAL, QUEBE--(Marketwired - Oct. 9, 2015) - Denis Lavigueur and Glen Eagle Resources Inc. (Montreal, QC, October 9, 2015) (TSX VENTURE:GER) ("Glen Eagle" or the "Company") announces in accordance with regulatory requirements and pursuant to National Instrument 62-103 (Early Warning Report) that Denis Lavigueur acquired 1,000,000 Common Shares and 500,000 Warrants at the closing of the Private Placement on October 3, 2015. Each warrant entitles the holder to purchase one additional Common Share at a price of $0.10 cents in the first two years following its issuaance. With an additional 80,000 shares recently purchased in the open market, Denis Lavigueur, as an "Insider" has a total of 8,374,000 common shares or 12% of the Company.

The shares were acquired as an investment with the right to either purchase or sell more shares of Glen Eagle based on market conditions.

Neither the 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.

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