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Bullboard - Stock Discussion Forum 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 Discussion

RED EAGLE EXPLORATION LIMITED > At Last-Red Eagle Offers to purchase all of the outstanding
View:
Post by royalton on Jun 29, 2015 9:53pm

At Last-Red Eagle Offers to purchase all of the outstanding

RED EAGLE MINING CORPORATION OFFER TO PURCHASE all of the outstanding common shares of CB GOLD INC. ON THE BASIS OF 0.162 OF A COMMON SHARE OF RED EAGLE MINING CORPORATION FOR EACH COMMON SHARE OF CB GOLD INC. The Offer Red Eagle Mining Corporation (the "Offeror")

......see Sedar
Comment by wiseyoungman on Jun 29, 2015 10:29pm
Great news from SEDAR on the CB Gold company profile. Also great news is that the BCSC decided to hear the cease trade application for the new offering by CB Gold which is meant to dilutive existing shareholders. That hearing is scheduled for July 3. The overall offer to accept Red Eage offert is open to August 5. If all goes well, Capponi and his cronies will be out. Without Ross Beatty ...more  
Comment by santi69 on Jun 29, 2015 10:58pm
Thank you for the update. I hope someone reports on the results of the BCSC hearing on Friday. Excellent news for CB Gold shareholders. Red Eagle Mining will commence construction of their first mine towards the middle of July. Bring on the cash flow in 2016.
Comment by bepractical on Jun 30, 2015 1:56am
I am sure that the Companies will report the results of the meeting the same day. The ruling should go in RD favour as the financing is an obvious attempt to impede the t/o. The financing tactic makes CBJ management look like amateurs with no business sense.
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