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Red Eagle Mining Corp RDEMF

Metals & Mining Industrial Metals & Minerals
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

Red Eagle Mining Corp
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Comment by stazon Jun 30, 2017 12:30pm
119 Views
Post# 26424516

RE:Does not look to great for the rights offering

RE:Does not look to great for the rights offering
You counting $6.5M twice, man. They got it now, in advance. After (or "if" if you want) RO is finalized, $6.5M will go back to lenders. But initial money stays with the company as a payment for new shares. See what I mean?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities