Red Eagle Mining Corporation

TORONTO, Nov. 9, 2018 /CNW/ - The following issues have been halted by IIROC: Company: Red Eagle Mining Corporation TSX Symbol: R (All Issues) Reason: Pending Dissemination of News Release Halt Time (ET): 12‎:‎51‎:00‎ ‎PM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada....

VANCOUVER, British Columbia, Nov. 09, 2018 (GLOBE NEWSWIRE) -- Red Eagle Mining Corporation (TSX: R, BVL: R, OTCQX: RDEMF) advises that the secured lenders have given default notice and a demand letter under the secured credit facility and advised of their intention to appoint FTI Consulting as receiver over Red Eagle Mining’s assets. Red Eagle Mining had negotiated a restructuring, announced August 24, 2018 under which the secured lenders would write off a significant part of their debt to enable Red Eagle Mining to recommence operations, but the restructuring was contingent upon a...

VANCOUVER, British Columbia, Oct. 23, 2018 (GLOBE NEWSWIRE) -- Red Eagle Mining Corporation (TSX: R, BVL: R, OTCQX: RDEMF) provides an update on the restructuring announced on August 24, 2018.  Red Eagle Mining has received conditional approval from the TSX for an exemption from the requirement to obtain shareholder approval for the debt retirement transaction and potential change of control to Annibale SAC (“Annibale”), based on the financial hardship exemption in Section 604(e) of the TSX Company Manual. The private placement (“Private Placement”) for gr...