VANCOUVER, April 19, 2016 /CNW/ -
Red Eagle Mining Corp. (TSX-V: RD, OTCQX: RDEMF, SSE-V: RDCL) is pleased to announce it has closed the first tranche of its previously announced private placement for gross proceeds of $7,671,476, consisting of 20,188,095 common shares (the "Shares") at a price of $0.38 per Share. The second tranche for gross proceeds of $3,610,000, consisting of 9,500,000 common shares at a price of
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