Latest Rae Wallace Mng Co (RAEW) Headlines Rae-
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Rae-Wallace Grants Stock Options
Marketwire - Thu Oct 31, 3:50PM CDT
Rae-Wallace Mining Company (PINKSHEETS: RAEW) ("Rae-Wallace" or the "Company") announces that it has granted an aggregate of 200,000 options to purchase common shares of the Company exercisable at a price of $0.20 per common share and expiring on October 31, 2015, to certain directors of the Company. The common shares issuable upon exercise of the options are subject to a four-month hold period from the original date of grant.
Rae Wallace Announces Debt Settlement Agreements at $0.10 Per Common Share
Marketwire - Fri Jul 19, 11:52AM CDT
Rae-Wallace Mining Company ("Rae-Wallace" or the "Corporation") (PINKSHEETS: RAEW) announces that it entered into debt settlement agreements to settle trade payables for the aggregate settlement amount of $92,872, through the issuance on July 17, 2013 of an aggregate of 928,723 common shares in the capital of the Corporation, at a price of $0.10 per common share. The common shares issued will be subject to a four-month and a day hold period from the date of issuance in accordance with applicable securities laws. Of the total debt, $88,272 representing an aggregate of 882,723 shares has been issued to three related parties at the deemed price of $0.10 per share.
Rae-Wallace Announces Sale of Its Wholly Owned Subsidiary
Marketwire - Mon Apr 15, 4:56PM CDT
Rae-Wallace Mining Company ("Rae-Wallace" or the "Corporation") (PINKSHEETS: RAEW) announces that it has completed the sale of its wholly owned subsidiary, Rae Wallace Peru S.A.C. (the "Rae Peru"). The subsidiary was sold to a private company for the purchase price of USD$700,000. The proceeds from the sale of Rae Peru will be used to settle outstanding debts of the Company with the balance retained for future opportunities.