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Last C$0.28 CAD
Change Today -0.005 / -1.75%
Volume 40.5K
RD On Other Exchanges
As of 3:53 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

red eagle mining corp (RD) Snapshot

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52 Week High
01/23/15 - C$0.36
52 Week Low
10/30/14 - C$0.18
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red eagle mining corp (RD) Details

Red Eagle Mining Corporation, an exploration and development stage company, acquires and explores for gold properties in Colombia. The company holds a 100% interest in the Santa Rosa gold project covering an area of 33,000 hectares located in Antioquia, Colombia. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.

23 Employees
Last Reported Date: 04/30/15
Founded in 2010

red eagle mining corp (RD) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: C$280.0K
Chief Operating Officer and Director
Total Annual Compensation: C$150.0K
Vice President of Exploration
Total Annual Compensation: C$149.0K
Compensation as of Fiscal Year 2014.

red eagle mining corp (RD) Key Developments

Red Eagle Mining Corporation Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Red Eagle Mining Corporation announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net loss of $580,654 or $0.01 per basic and diluted share compared to $2,599,184 or $0.04 per basic and diluted share a year ago. For the six months, the company reported net loss of $3,386,408 or $0.04 per basic and diluted share compared to $4,240,962 or $0.06 per basic and diluted share a year ago. The net loss was reduced compared to the 2014 periods as Red Eagle Mining commenced capitalization of direct costs associated with the development of the San Ramon Gold Mine.

Red Eagle Mining Corporation Announces Board Changes

Red Eagle Mining Corporation has completed the second tranche of its previously announced private placement in the amount of approximately $5,650,000 for total gross proceeds of approximately $19,350,000, consisting of 71,677,550 common shares at a price of $0.27 per Share. In connection with the transaction, Mr. Steve Dixon has been appointed to the Board of Directors of Red Eagle Mining. Mr. Dixon is co-founder, Chief Executive Officer and Director of STRACON GyM S.A. In order to accommodate the appointment of Mr. Dixon, Mr. Ken Cunningham has agreed to resign from the Board of Directors of Red Eagle Mining.

Red Eagle Mining Commences Construction at its San Ramon Gold Mine in Antioquia, Colombia

Red Eagle Mining Corporation announced the commencement of construction at Red Eagle Mining’s 100% owned fully permitted and fully financed San Ramon Gold Mine in Antioquia, Colombia. Construction will unfold over the next twelve months, with production expected to commence during the second half of 2016. Earthworks have commenced with clearing of the ground for the underground mine access and the conventional flotation/carbon-in-leach processing plant.


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