Red Eagle Exploration Announces New OTC Listing
October 16 2017 - 04:30AM
Red Eagle Exploration Limited (TSX-V:XR)
(“
XR”) is pleased to announce its new listing on
the OTCQB market where shares began trading on October 12, 2017
under the symbol XRELF.
About Red Eagle Exploration
XR is a precious metals exploration and
development corporation majority owned by gold producer Red Eagle
Mining Corporation. XR has an experienced exploration and
mine development team focused on building shareholder value through
acquiring and de-risking high grade gold and silver projects with
low costs and low technical risks in Colombia, a jurisdiction with
prolific historic production but until recently limited modern
exploration. XR owns 100% of the Vetas Gold, California Gold
and Santa Ana Silver Projects, which consist of numerous historic
and existing mines and where exploration is currently underway to
delineate high-grade vein resources exploitable by modern
underground mining.
For further information, please contact David
Thomas, Vice President Exploration or:
Patrick BalitVice President Corporate DevelopmentSuite 2348 –
666 Burrard StreetVancouver, BC, V6C 2X8+1 778 372
2558balit@redeaglemining.com
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. Information set forth in
this news release includes forward-looking statements under
applicable securities laws. Forward-looking statements are
statements that relate to future, not past, events. In this
context, forward-looking statements often address expected future
business and financial performance, and often contain words such as
"anticipate", "believe", "plan", "estimate", "expect", and
"intend", statements that an action or event "may", "might",
"could", "should", or "will" be taken or occur, or other similar
expressions. All statements, other than statements of historical
fact, included herein including, without limitation; statements
about the terms and completion of the proposed sale transaction are
forward-looking statements. By their nature, forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or
achievements, or other future events, to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements. Such factors include,
among others, the following risks: failure to satisfy all
conditions precedent to the transaction, including disinterested
shareholder approval and stock exchange regulatory approval, and
the additional risks identified in the management discussion and
analysis section of the Company’s interim and most recent annual
financial statement or other reports and filings with Canadian
securities regulators. Forward looking statements are made based on
management's beliefs, estimates and opinions on the date that
statements are made and the respective companies undertakes no
obligation to update forward-looking statements if these beliefs,
estimates and opinions or other circumstances should change, except
as required by applicable securities laws. Investors are cautioned
against attributing undue certainty to forward-looking
statements.
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