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Accepted as a Tier 1 Issuer

Vancouver, BC, August 2, 2013 - Red Eagle Mining Corporation (TSX-V: RD, OTCQX: RDEMF) has been accepted as a Tier 1 issuer on the TSX Venture Exchange. Red Eagle Mining is now an "established issuer" for the purposes of National Policy 46-201 "Escrow for Initial Public Offerings". All of the 2,535,600 Common Shares and 1,102,500 share purchase warrants held in escrow pursuant to the Escrow Agreement dated June 14, 2011 will therefore be released from escrow on or about August 13, 2013.

About Red Eagle Mining

Red Eagle Mining Corporation is a well-financed gold exploration and development company with an experienced mine development team. Red Eagle Mining is developing the 400 km² Santa Rosa Gold Project located in Antioquia, Colombia. Santa Rosa is an intrusive hosted structurally-controlled quartz stockwork system within the prolific Antioquia Batholith. Gold mining within the Santa Rosa Gold Project pre-dates the 16th century when an estimated 30 million tonnes were mined. Santa Rosa is located 70km north of Medellin near the town of Santa Rosa de Osos in a region characterized by gently rolling hills and excellent infrastructure. Santa Rosa is also located approximately 30km west of AngloGold Ashanti's Gramalote gold deposit (2.5 million ounce M&I resource grading 0.8 g/t Au) and 40km east of Continental Gold's Buritica gold deposit (1.6 million ounce M&I resource grading 13.6 g/t Au). Red Eagle Mining holds an extensive package of exploration ground throughout Colombia, including the Pavo Real Gold Project.

For further information on Red Eagle Mining please refer to our website www.redeaglemining.com or contact:

Ian Slater
Chief Executive Officer
+1 604 638 2545

James Beesley
Investor Relations 
james@sequoiapartners.ca 
+1 604 682 4600 
+1 855 682 4600 toll free 
+1 778 389 7715 mobile

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