Glen Eagle has 44 million shares outstanding. Approximately 20 million shares are controlled by management with a few key partners.
Jean Labrecque was named President 6 years ago. Under his guidance fewer than 32 million shares were issued.
This is evidence that the corporate strategy behind Glen Eagle has been protective to its shareholders in terms of assets and share dilution.
Our recent acquisitions of Lac Lisette and Moose Lake phosphate properties further confirm our mission of acquiring good assets in key sectors of the economy, notably lithium and phosphate.
