09:50 AM EST - Glen Eagle Resources Inc. : Announced that Cobra Oro, a wholly owned subsidiary of Glen Eagle, has purchased 15,000 square metres of land in Choluteka, Honduras. Based on the transaction, Cobra Oro acquires its own free-trade zone which will reinforce its past exemption to pay a minimum 25% flat tax on profits, 25% duty tax on imports, reduce from 6% to 3% the sales tax on export and cancelled $8,000 in monthly rent as a tenant. Glen Eagle Resources Inc.
shares V.GER are trading unchanged at $0.14.
