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.
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