VANCOUVER, April 18, 2017 /CNW/ - Further to the press
release dated April 18, 2017, Red
Eagle Exploration Limited (TSX-V: XR) confirms that the Board
of directors of Red Eagle Exploration now consists of Ian Slater, Bob
Bell, Ben Pullinger and
Leo Hathaway.
About Red Eagle Exploration
Red Eagle Exploration is a precious metals exploration and
development corporation majority owned by gold producer Red Eagle
Mining Corporation. Red Eagle Exploration has an experienced
exploration and mine development team focused on building
shareholder value through acquiring and developing high grade gold
and silver projects with low costs and low technical risks in
Colombia, a jurisdiction with
prolific historic production but until recently limited modern
exploration. Red Eagle Exploration owns 100% of the Vetas
Gold, California Gold and Santa Ana Silver Projects, which consist
of numerous historic and existing mines and where exploration is
currently underway to delineate high-grade vein resources
exploitable by modern underground mining.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release. Information set forth in this news
release includes forward-looking statements under applicable
securities laws. Forward-looking statements are statements that
relate to future, not past, events. In this context,
forward-looking statements often address expected future business
and financial performance, and often contain words such as
"anticipate", "believe", "plan", "estimate", "expect", and
"intend", statements that an action or event "may", "might",
"could", "should", or "will" be taken or occur, or other similar
expressions. All statements, other than statements of historical
fact, included herein including, without limitation; statements
about the terms and completion of the proposed sale transaction are
forward-looking statements. By their nature, forward-looking
statements involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or
achievements, or other future events, to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements. Such factors include,
among others, the following risks: failure to satisfy all
conditions precedent to the transaction, including disinterested
shareholder approval and stock exchange regulatory approval, and
the additional risks identified in the management discussion and
analysis section of the Company's interim and most recent annual
financial statement or other reports and filings with Canadian
securities regulators. Forward looking statements are made based on
management's beliefs, estimates and opinions on the date that
statements are made and the respective companies undertakes no
obligation to update forward-looking statements if these beliefs,
estimates and opinions or other circumstances should change, except
as required by applicable securities laws. Investors are cautioned
against attributing undue certainty to forward-looking
statements.
SOURCE Red Eagle Exploration Limited