CEO buying at Red Eagle Mining (R)

CEO buying at Red Eagle Mining (T:R)

Ian Slater, CEO and Director, acquired 1,000,000 Common Shares on a direct ownership basis at a price of $0.120 on August 27th, 2018. This represents a $120,000 investment into the company's shares and an account share holdings change of 47.1%.

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. Red Eagle Mining Corporation (R) has below median officer and director direct ownership compared to its micro-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $120,000.