Glen Eagle to Sell Honduran Subsidiary for $2.9 Million
MT newswire2026/08/26 11:31Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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07:31 AM EDT, 08/26/2026 (MT Newswires) -- Glen Eagle Resources (GER.V) signed a definitive agreement to sell subsidiary Cobra Oro Honduras to Canaan Minerals for about $2.9 million. Canaan will also settle up to $600,000 in certain obligations of Cobra Oro, Glen Eagle said late Tuesday. The transaction is expected to close in the fourth quarter, according to Glen Eagle.
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