Glen Eagle Resources Inc. — Board/Management Information 2021

Jul 29, 2021

Form 51-102F3

MATERIAL CHANGE

Name and Address of Company

Glen Eagle Resources Inc. Suite #308 4710 St-Ambroise Montreal (Quebec) H3A 3L4

Date of Material Change

July 28, 2021

Press Release

Glen Eagle Resources Inc. (the Company) issued a news release with respect to the material change described below in the press release issued on TheNewswire.ca on July 28, 2021.

Summary of Material Change

The Company issued a press release to announce that Karl Trudeau is nominated Chief Financial Officer (COO) of the company and is nominated on the Board Of Directors, in replacement of Alp Bora.

Full description of Material Change

The Company announces the appointment of Karl Trudeau as the Corporation's new Chief Operating Officer (COO). Mr. Trudeau is an experienced professional specialized in Mining, Production, Engineering and Processing. Mr. Trudeau brings more than 17 years of mine and industrial process management and turn around situations to Glen Eagle. As Chief Operating Officer of Glen Eagle, Mr. Trudeau will be responsible for all operational processes at Cobra Oro with the mission to turn around the situation at its gold processing plant by optimizing profitability.

Karl will be a great asset to the Company with his mine production and industrial processing management skills, having built several projects from the ground up, while achieving great successes in the last six years at Imerys Graphite, Carbone Canada and Nouveau Monde Graphite. Several mining companies have witnessed major increases in their market capitalization under his stewardship as acting COO.

Karl will also replace Alp Bora on the Board of Directors due to an unexpected long term contract that Alp has recently received in Africa.

Omitted information

No information has been omitted

Executive Officer

The following is the name and business telephone number of an executive officer of the Company who is knowledgeable about the material change and this report.

Jean Labrecque, CEO

Date of report: July 29[th] , 2021

Glen Eagle Resources appoints Karl Trudeau as COO

MONTREAL, July 29, 2021 -- Glen Eagle Resources Inc. (TSX.V: GER) (or "the Company") is pleased to announce the appointment of Karl Trudeau as the Corporation's new Chief Operating Officer (COO). Mr. Trudeau is an experienced professional specialized in Mining, Production, Engineering and Processing. Mr. Trudeau brings more than 17 years of mine and industrial process management and turn around situations to Glen Eagle. As Chief Operating Officer of Glen Eagle, Mr. Trudeau will be responsible for all operational processes at Cobra Oro with the mission to turn around the situation at its gold processing plant by optimizing profitability.

Karl will be a great asset to the Company with his mine production and industrial processing management skills, having built several projects from the ground up, while achieving great successes in the last six years at Imerys Graphite, Carbone Canada and Nouveau Monde Graphite. Several mining companies have witnessed major increases in their market capitalization under his stewardship as acting COO.

The Company has granted 400,000 options to Karl Trudeau as part of a management package. Each option shall entitle to subscribe for one common share of the Corporation at a price of $0.07 cents per common share for a period of five years from the issuance date. These options were granted in accordance with the terms of the current stock option plan of the Corporation.

Mr Trudeau will also replace Alp Bora on the Board of Directors due to an unexpected long term contract that Alp has recently received in Africa.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Jean Labrecque, President Glen Eagle Resources Inc 4710 St-Antoine Street, Suite 308 Montreal, Canada Tel : 514-808-9807