04:46:40 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Red Eagle Mining Corp
Symbol R
Shares Issued 265,025,121
Close 2017-06-28 C$ 0.255
Market Cap C$ 67,581,406
Recent Sedar Documents

Red Eagle Mining rights offering

2017-06-28 20:19 ET - Rights Offering

The Toronto Stock Exchange reports that Red Eagle Mining Corp. will issue one right per share held on July 5, 2017. As stated in the company's June 26, 2017, rights offering circular, two rights and 35 cents will buy one unit of Red Eagle, with each unit consisting of one share and one warrant exercisable at 50 cents per share for five years.

According to the TSX, the rights will begin trading under the symbol R.RT and Cusip No. 756556 12 1 at the open on June 30, 2017, and the company's shares will trade ex rights at the same time. On Aug. 4, 2017, trading of the rights will end at 12 p.m. Toronto time, the rights will expire at 4 p.m. Toronto time and the rights will delist at the close.

The TSX reports that trades on Aug. 1, 2017, and Aug. 2, 2017, will settle on Aug. 3, 2017. Trades on Aug. 3, 2017, and from the open to 12 p.m. Toronto time on Aug. 4, 2017, will settle on Aug. 4, 2017.

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