VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/23/12 -- Red Eagle Mining Corporation (TSX VENTURE: RD)(OTCQX: RDEMF) has completed its previously announced $20,000,000 financing. The financing consists of a private placement of 21,212,121 common shares at $0.55 per share for gross proceeds of $11,666,667 and the sale of a 2% net smelter royalty on Red Eagle Mining's Santa Rosa gold project to Liberty Metals
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