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Red Eagle (R.to): Optics

This is not a good look.

The private placement (“Private Placement”)
for gross proceeds of approximately C $50 million has not yet been
funded by Annibale.  Red Eagle Mining continues to expect the Private
Placement to close.  If the Private Placement is not funded by Annibale
or 100% owner of Annibale, Fernando Palazuelo, who has given a personal
guarantee, Red Eagle Mining will vigorously pursue all legal remedies

If required, a link to the IKN First Law of Mining NRs is right here.

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