VANCOUVER, Nov. 2, 2016 /CNW/ -
Red Eagle Mining Corp. (TSX-V: RD, OTCQX: RDEMF, BVL: RD) is pleased to announce that it has acquired 83,020,237 common shares ("Shares") of
CB Gold Inc. ("CB Gold") from
Batero Gold Corp. in exchange for 7,428,126 shares of Red Eagle Mining. Prior to the transaction, Red Eagle Mining held 248,033,377 CB Gold Shares, representing 69% of the issued and outstanding CB Gold Shares. Red
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