Tag: #RD

Red Eagle Mining now owns 63% of CB Gold

Red Eagle Mining now owns 63% of CB Gold

Red Eagle Mining (RD.V) has announced it has received 17.55 million new shares of CB Gold (CBJ.V) to compensate Red Eagle for making a share-based payment as part of the property obligations at CB’s main project, the Vetas gold project in Colombia. As expected, Red Eagle is gradually increasing its […]

Red Eagle takes up 76.8M CB Gold shares

Red Eagle takes up 76.8M CB Gold shares

Red Eagle Mining’s (RD.V) final deadline for CB Gold (CBJ.V) shareholders to tender their shares to the Red Eagle offer has expired, and the company is taking up 76.8M shares. Today, those 76.8M shares of CB Gold will be swapped for 12.44M new Red Eagle shares which should start trading […]

Red Eagle Mining

Report: Red Eagle Mining – Flash Update

Red Eagle Mining (RD.V) has now completed the financing needed to start the construction of the San Ramon underground mine in Colombia and the mine is currently being built with an anticipated start-up date in the second half of 2016. Now the financial aspect of its flagship project been completed, […]

Batero increases its offer for CB Gold. Or not?

Batero increases its offer for CB Gold. Or not?

Batero Gold (BAT.V) has announced an ‘improved’ offer for the shareholders of CB Gold (CBJ.V) as shareholders now can elect to receive C$0.06 per share of CB Gold in either cash or shares. However, there’s one small catch; Batero Gold has limited the amount of cash it’s willing to spend […]

Red Eagle extends its offer for CB Gold shareholders

Red Eagle extends its offer for CB Gold shareholders

Red Eagle Mining (RD.V) has reported 48% of the CB Gold (CBJ.V) shares have been tendered to the offer made by Red Eagle which consists of swapping each share of CB Gold for 0.162 new shares of Red Eagle Mining, in an attempt to get its hands on CB’s Vetas […]

Red Eagle Mining extends its offer to acquire CB Gold

Red Eagle Mining extends its offer to acquire CB Gold

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 […]

Batero Gold matches Red Eagle’s offer for CB Gold

Batero Gold matches Red Eagle’s offer for CB Gold

Batero Gold (BAT.V) has announced it’s making an offer to acquire CB Gold (CBJ.V) which currently is the target of an all-share deal by Red Eagle Mining (RD.V). Batero is offering C$0.0275 in cash and 0.3056 new shares of Batero Gold in exchange for a share of CB Gold. What’s […]

CB Gold plans to raise C$3.5M in a surprising move

CB Gold plans to raise C$3.5M in a surprising move

Another change of plans at CB Gold (CBJ.V) which has announced it plans to raise up to C$3.5M in a private placement. That’s a surprising announcement as the company warned its shareholders it had to vote in favor of the asset sale to OM L Trading because CB Gold was […]