Glen Eagle Resources Signs Gold Sales Agreement with Diverse Equities
18 Dezember 2013 - 3:17PM
Access Wire
Glen Eagle
Resources Signs Gold Sales Agreement with Diverse Equities
Glen Eagle Resources
Inc. (Montreal, QC, 18 December 2013; TSX VENTURE EXCHANGE:
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.
For the latest information
about Glen Eagle, please visit www.gleneagleresources.com
Jean Labrecque, President
Glen Eagle Resources Inc
999 De Maisonneuve West
Suite 725
Montreal, Quebec
Toll free: 1-855-229-4488
"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."
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