Glen Eagle Resources Strikes Deal on Cobra Shares

Glen Eagle Resources (TSE:GER) has released an update.

Glen Eagle Resources Inc. has entered into an agreement granting the Purchaser the option to acquire all shares of Cobra Oro De Honduras, along with the rights to the Cobra Oro processing plant in Honduras, for a series of cash payments totaling over 3 million USD. The deal mandates the Purchaser to also cover undisclosed liabilities, maintenance costs, and comply with relevant laws and regulations.

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