November 21, 2018

Filing Type:

Trustee: FTI Consulting

Trustee Counsel: Miller Thomson

Applicant: Orion Fund JV

Applicant Counsel: Lawson Lundell

Industry:

Province:

Red Eagle Mining (TSX:R), a Vancouver, British Columbia-based gold exploration and development corporation with a mine-development team, was placed in receivership on November 21 on application by Orion Fund JV, in its capacity as collateral agent, and Liberty Metals & Mining Holdings, owed approximately $60.0MM (USD). The corporation had been focusing on building shareholder value through discovering and developing gold projects with low costs and low technical risks in Colombia. FTI Consulting was appointed receiver. Counsel is Lawson Lundell for Orion Fund JV and Miller Thomson for the receiver.