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Big Red Mining Corp
Symbol RED
Shares Issued 32,504,500
Close 2024-10-10 C$ 0.16
Market Cap C$ 5,200,720
Recent Sedar Documents

Big Red cancels $1-million private placement

2024-10-10 16:53 ET - News Release

Mr. Jag Sandhu reports

BIG RED MINING CORP. ISSUES RESTRICTED SHARE UNITS (RSU'S) AND STOCK OPTIONS

Big Red Mining Corp. will be issuing 2.2 million stock options exercisable at 15 cents and 1.5 million restricted share units (RSUs) to certain consultants, officers and directors of the company. The company also announces that it has cancelled its previously announced private placement on Sept. 3, 2024.

About Big Red Mining Corp.

Big Red holds an option to acquire a 100-per-cent interest in the Dobie Lake copper project in Ontario, Canada. The property is located approximately 100 kilometres from Sault Ste. Marie, Ont. The property surrounds and covers extensions of the past-producing Jentina mine. The property comprises 131 claims totaling 6,500 acres (26 square kilometres). Big Red's management team possesses extensive experience in financing, exploration, development and mining. Big Red's mission is to conduct future drilling campaigns on the Dobie Lake copper property to maximize its minable resource potential.

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