RE:Tinka Raises $10 Million - PR Just Out- Great Newspsj567 wrote: At .20 and no warrants. This gets TK through the next 12 months and round of drilling which should double size of the resource.
This financing was highly expected by the market and it will put a floor under the stock price. I believe the offering will draw a lot of interest, with such a short closing date. Drilling permits should be released soon, we may have drills turning on the property late November, 2016. 230M share count (at the end of the offering) doesn't look bad at this stage. PEA can be finalized as soon as drilling results and some more metalurgical tests are completed. Good things to come!