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Glen Eagle Acquires One of the Most Sought After Mining Concessions in Honduras

MONTREAL, QUEBEC–(Marketwired – May 17, 2017) – Glen Eagle Resources Inc. (TSX VENTURE:GER) is pleased to announce that Cobra Oro, a wholly owned Honduran subsidiary of Glen Eagle, has acquired “La Cobra,” known locally as one of the best mining concessions in Honduras. The property is located near the Pan-American highway and lies approximately 45 minutes from its milling facility. The “La Cobra” Mine was also the largest operational underground mine in Honduras for the greater part of the last century.