February 28, 2017 / 11:55 PM / 6 months ago

BRIEF-STRACON GyM sells shares in Red Eagle Mining Corporation

Feb 28 (Reuters) - STRACON GyM S.A. :

* STRACON GyM sells shares in Red Eagle Mining Corporation

* Sold on Lima Stock Exchange 23 million shares of Red Eagle Mining Corp representing about 8.69% of outstanding shares of Red Eagle

* Aggregate sale price of Red Eagle Mining shares was US$11.5 million or approximately US$0.50 per share

* Continues to hold approximately 3.98% of outstanding shares of Red Eagle Source text for Eikon: Further company coverage:

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