Sept.12 news
RED EAGLE MINING CORP ("R-T;RDEMF-0") - Clarifies Rights Offering Participation Red Eagle Mining Corporation wishes to clarify the news release dated August 11, 2017 announcing the closing of its Rights Offering (the "Offering"). Of the 85,629,689 Units ("Units") issued under the Offering, 72,786,911 Units were subscribed for under the initial subscription privilege, of which, to Red Eagle Mining's knowledge after reasonable inquiry, (i) 34,901,678 Units were issued to persons who were insiders before the Offering or became insiders as a result of the Offering, and (ii) 37,885,233 Units were issued to all other persons. 12,842,778 Units were subscribed for under the additional subscription privilege of which, to the knowledge of Red Eagle Mining after reasonable inquiry, none were issued to persons who were insiders before the Offering or became insiders as a result of the Offering.