Red Eagle Mining Corporation

0.08

Canada & British Columbia Vancouver

666 Burrard Street, Suite 2348

+1 778 372-2553

www.redeaglemining.com

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Company Press Releases

Red Eagle Mining Provides Additional Information on Restructuring

VANCOUVER, British Columbia, Sept. 06, 2018 (GLOBE NEWSWIRE) -- Red Eagle Mining Corporation (TSX: R, BVL: R, OTCQX: RDEMF) provides an update on and additional information on the number of shares to be issued pursuant to its previously announced restructuring.  As disclosed in the news release dated August 24, 2018, Red Eagle Mining has implemented a comprehensive restructuring (“Restructuring”) including a private placement of approximately 250,000,000 common shares (“Common Shares”) , retirement of its existing credit facility with Orion Mine Finance (&#x...

IIROC Trading Halt - R

TORONTO, Aug. 24, 2018 /CNW/ - The following issues have been halted by IIROC: Company: Red Eagle Mining Corporation TSX Symbol: R Reason: At the Request of the Company Pending News Halt Time (ET): ‎8‎:‎00‎:‎00‎ AM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Ca...

Red Eagle Mining Announces Restructuring

VANCOUVER, British Columbia, Aug. 24, 2018 (GLOBE NEWSWIRE) -- Red Eagle Mining Corporation (TSX: R, BVL: R, OTCQX: RDEMF) announces a comprehensive restructuring.  As of June 30, 2018, Red Eagle Mining had a negative working capital of approximately US $100 million, had been accruing interest on its US $60 million credit facility with Orion Mine Finance (“Orion”) and Liberty Metals & Mining Holdings, LLC (“LMM”) at the default rate of LIBOR + 14% and been operating under a forbearance agreement since April 2018.  The situation was unsustainable, so...

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