FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase 
San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home 
U.S. Automakers Push Back Against EU Rules Blocking American Trucks from European Market 
Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs 
NIO ES9 SUV Launch Sends HK Shares Down 7% Despite Bold Pricing Strategy 
Foreign Investors Pour $18.65 Billion into Japanese Stocks Amid Market Stabilization 
Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict 
OpenAI Addresses Security Vulnerability in macOS App Certification Process 
China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs 
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes 
Bill Ackman Eyes New Fund to Bet Against Market Complacency 
MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions 
Disney Plans to Cut 1,000 Jobs Amid Ongoing Restructuring Efforts 
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth 
Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles 
VANCOUVER, British Columbia, Aug. 22, 2017 -- Glacier Lake Resources Inc. (TSXV:GLI) (“Glacier” or the “Company”) is pleased to announce that further to its news release of August 9, 2017, the Company will now proceed with the issuance of the first tranche of common shares owing in connection with its online advertising, marketing and branding services agreement with AGORACOM (the “Services Agreement”).
Pursuant to the terms of the Services Agreement, a total of 90,000 shares will be issued at a deemed price of $0.105 per share. In accordance with the terms of the Services Agreement, the Company is required to complete additional share issuances to AGORACOM as services are provided in the future.
The Company has also reached an agreement with an arm’s length creditor to settle outstanding indebtedness totaling $8,250.00 (the “Indebtedness”). The Indebtedness will be satisfied by the issuance of 78,572 shares at a deemed price of $0.105 per share.
Completion of the issuance of shares to AGORACOM and in settlement of the Indebtedness remains subject to the approval of the TSX Venture Exchange. All shares issued in connection with both transactions will be subject to a four-month-and-one-day hold period.
On behalf of the Board of Directors
GLACIER LAKE RESOURCES INC.
Saf Dhillon
President, Chief Executive Officer, Director
Please visit our Website at: www.glacierlake.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
FOR ADDITIONAL INFORMATION PLEASE CONTACT: Saf Dhillon President/CEO Glacier Lake Resources Inc. Tel: 866-687-7059 Dir: 604-688-2922 [email protected]
