Red Eagle Mining (RD.V) has announced earlier this morning it is extending the expiry date of its takeover offer for CB Gold (CBJ.V) from August 5 to August 31st to give CB Gold shareholders more time to tender their shares into the offer.
In the same update, Red Eagle provided another update on the simultaneously made offer by Batero Gold (BAT.V) to acquire CB Gold as well. The press release is very well put together, and we’d encourage you to read the entire press release HERE .
Disclosure: The author holds a long position in Red Eagle Mining. Red Eagle is a sponsor of the website. Please see our disclaimer for current positions.