June 26 (Reuters) - Red Eagle Mining Corp R.TO
* Red eagle mining announces rights offering
* Red eagle mining- filed rights offering circular in connection with offering of rights to buy units for proceeds of up to approximately c $46 million
* Red eagle mining - use of proceeds from rights offering is for underground development, paste back fill plant, underground delineation drilling
* Red eagle mining corp - for each two rights holder will be entitled to subscribe for one unit at a subscription price of c $0.35 per unit Source text for Eikon: ID:nCNWKFL8ca Further company coverage: R.TO