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Red Eagle Mining Corp RDEMF

Red Eagle Mining Corp is a Canada-based development-stage company. It is engaged in the exploration and development of mineral properties. Geographically it operates in the countries of Canada and Colombia. It focuses on building shareholder value through discovering and developing gold projects with low costs and low technical risks in Colombia. The company primarily explores for Gold and owns interests in the Santa Rosa Gold Project located in Antioquia, Colombia covering an area of approximately 10,000 hectares.


GREY:RDEMF - Post by User

Bullboard Posts
Post by GuyInPhoenixon Sep 16, 2015 7:52pm
88 Views
Post# 24110699

Another Share Purchase Update -- Less than 8 million to go

Another Share Purchase Update -- Less than 8 million to goHere is a link to a new release, with the most share purchase update:

https://redeaglemining.com/news/?pg=1&nyy=2015&nid=150

According to the press release, Red Eagle has purchased another 2,566,000 shares of CB Gold, bringing their current total to 83,480,198 or approximately 46% of the total outstanding shares.

By my math, they now have less than 8 million shares to go, to reach the 50% mark.

And at the rate they are purchasing shares, it shouldn't take long. This will be in addition to any additional shares tendered.

I am looking forward to Red Eagle's presentation at the Precious Metals Summit in Colorado, this Friday afternoon.

That presentation will be available online live, via webcast, and also archived for future review. I will post a separate link in another post.

Bullboard Posts