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Liberty Metals & Mining Holdings buying at Red Eagle Mining (T:R)

Updated Friday Aug 18, 2017 02:12 AM EDT

Liberty Metals & Mining Holdings, LLC, a 10% Holder, acquired 21,678,960 Common Shares on a direct ownership basis at a price of $0.350 through a prospectus or prospectus exempt offering on August 15th, 2017. The insider also acquired 21,678,960 Warrants with an exercise price of $0.500 for five long years. This represents a $7,587,636 investment into the company's shares and an account share holdings change of 50.3%.

Red Eagle Mining is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Red Eagle Mining Corp is a Canada-based development-stage company. The Company operates through the exploration and development of mineral properties segment. The Company is engaged in exploration, mine development and the mining and production of gold. The Company is involved in the development and construction of the San Ramon Gold Mine and Mill, along with other exploration activities. The Company owns the Santa Rosa Gold Project. The Santa Rosa Gold Project covers an area of approximately 10,000 hectares. Its Santa Rosa Gold Project is a quartz stockwork system located within Antioquia Batholith near the town of Santa Rosa de Osos and lies approximately 70 kilometers to the north of Medellin. The Company, through its subsidiary, CB Gold, Inc., owns the Vetas Gold Project. Its other subsidiaries include REMDC Holdings Limited, Red Eagle Mining de Colombia S.A.S. and Red Eagle Finance Limited.

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