Received by email:

File: Red Eagle - News Release -October 30, 2014 (00137362xB73A3).docx

                                                   /


RED EAGLE MINING ANNOUNCES APPLICATION TO EXTEND WARRANTS

Vancouver, BC, October 30, 2014 - Red Eagle Mining Corporation (TSX-V: RD, OTCQX: RDEMF) announces that it has applied
---> to the TSX Venture Exchange to extend the term of 3,375,000 common share purchase warrants ("Warrants").  Each warran
--->t currently entitles the holder to acquire one share for $0.25 expiring on February 12, 2015.  Pursuant to the propose
--->d amendment, the Warrants will be extended for a period of sixteen months and will expire on June 28, 2016. 

About Red Eagle Mining

Red Eagle Mining Corporation is a well-financed gold exploration and development company with an experienced mine-deve
--->lopment team.  Management is focused on building shareholder value through discovering and developing gold projects wi
--->th low costs and low technical risks in Colombia, a jurisdiction with prolific historic production but until recently 
--->limited modern exploration.  Red Eagle Mining is developing the 350 km Superscript 2 historic Santa Rosa Gold Project 
--->located in the Antioquia Batholith.  Development will initially commence with the San Ramon Gold Deposit where a posit
--->ive Preliminary Economic Assessment supports project advancement.  Project finance and permitting are currently underw
--->ay.

For further information on Red Eagle Mining contact:

Ian Slater
Chief Executive Officer 

Red Eagle Mining Corporation
Suite 920 - 1030 West Georgia Street
Vancouver, BC, V6E 2Y3
+1 604 638 2545
info@redeaglemining.com
www.redeaglemining.com

James Beesley
Investor Relations
james@sequoiapartners.ca
+1 604 682 4600
+1 855 682 4600 toll free
+1 778 389 7715 mobile






Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release includes 
--->forward-looking statements that are subject to risks and uncertainties.  All statements within, other than statements 
--->of historical fact, are to be considered forward looking.  Although the Company believes the expectations expressed in
---> such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future per
--->formance and actual results or developments may differ materially from those in forward-looking statements.  Factors t
--->hat could cause actual results to differ materially from those in forward-looking statements include market prices, ex
--->ploitation and exploration successes, continued availability of capital and financing, and general economic, market or
---> business conditions.  There can be no assurances that such statements will prove accurate and, therefore, readers are
---> advised to rely on their own evaluation of such uncertainties.  We do not assume any obligation to update any forward
--->-looking statements. This news release does not constitute an offer to sell or a solicitation of an offer to sell any 
--->securities in the United States.  The securities have not been and will not be registered under the United States Secu
--->rities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold
---> within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state secu
--->rities laws or an exemption from such registration is available.