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RED EAGLE EXPLORATION LIMITED V.XR

"Red Eagle Exploration Ltd is engaged in the exploration, development and permitting of mineral properties. It owns the California Gold, Vetas Gold and Santa Ana Silver projects."


TSXV:XR - Post by User

Post by digingdeepon Jul 26, 2015 6:39am
96 Views
Post# 23960636

Void financing

Void financingI am not sure that under sec regulations a company that has tender an offer to buy cbj can participate during the open tender period in a financing of the same company and receiving more shares in exchange. That shall be ilegal. This financing operation should be declared void by the canadian regulators and such shares dont count. Does anyone can estimate how much shares have Navarro (batero) already, including this financing. I estimated 30%. Please comments
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