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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

Comment by santi69on Jun 18, 2015 10:08pm
104 Views
Post# 23847006

RE:Mr. Capponi's shares cost .0025 cents each??

RE:Mr. Capponi's shares cost .0025 cents each??I just found the original source of the information.

Here is an excerpt from a streetwire article published on 2011-11-02.

"Shortly after their time at Endeavour, in May, 2009, the two incorporated CB Gold. The following month they spent a total of $100,000 buying 35,005,200 shares, which works out to a little over a quarter of a cent a share, or to be exact, 0.2857 of a cent. Cheap shares in hand, the two then went to work and secured exclusive rights to option gold properties in Colombia. CB Gold paid $290,000 (U.S.) and 900 million Colombian pesos for the rights."

Link to article.


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