Glen Eagle Resources Inc.
TSX VENTURE : GER

Glen Eagle Resources Inc.

February 17, 2011 09:00 ET

Glen Eagle Resources Inc.: Public Relations

MONTREAL, QUEBEC--(Marketwire - Feb. 17, 2011) - Glen Eagle Resources Inc. (TSX VENTURE:GER)("Glen Eagle Resources" or the "Company") announces that it has retained the services of Ubika Research as a consultant based in Toronto and Vancouver to promote investor relations.

Ubika Research will communicate with its network of investment advisors, fund managers and investors to help expose the Company to a wider audience both online and offline. Ubika will cover Glen Eagle's operations through its distribution network and research reports by monitoring its progress and making available a comprehensive profile of the company on its flagship website portal www.smallcappower.com. By choosing Ubika, the Company has opted to focus on the fundamentals underlining the Company while hoping to address both retail and institutional investors. 

In consideration for Ubika's services, Glen Eagle will pay a monthly fee of $5,000 and will, subject to TSX Venture Exchange approval, grant to Ubika a stock option to acquire 150,000 common shares of the Company at an exercise price of $0.30 cents per share based on the company's option plan. Ubika's engagement agreement commenced on the 14th of February and will extend for a 12 month term with an opted out clause after 5 months.

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