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Red Eagle Mining Closes $30 Million Rights Offering

 

 

 

 

 

Red Eagle Mining Corporation (TSX: R) (BVL: R) (OTCQX: RDEMF) is pleased to announce it has closed its previously announced rights offering and has issued 85,594,689 units for gross proceeds of C $29,958,141.  Both shares and warrants issued in the offering will begin trading on or about August 16, 2017.

 

 

About Red Eagle Mining

 

 

Red Eagle Mining is a gold producer focused on building shareholder value through acquiring, developing and operating gold projects in Colombia, a jurisdiction with prolific historic production but until recently limited modern exploration.  Red Eagle Mining owns 100% of the Santa Rosa Gold Project, where the San Ramon Gold Mine has commenced production.  Red Eagle Mining also controls Red Eagle Exploration Limited which owns 100% of the Vetas Gold, California Gold and Santa Ana Silver Projects and is actively consolidating additional high grade precious metal deposits in Colombia.

 

Posted August 11, 2017

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