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Timmins Gold Corp T.TMM

"Timmins Gold Corp is engaged in acquiring, exploring, developing and operating mineral resource properties in Mexico. It owns and operates the San Francisco open pit and Ana Paula gold project in Guerrero and the Caballo Blanco gold project in Veracruz."


TSX:TMM - Post by User

Bullboard Posts
Post by elmacanuckon Mar 17, 2009 9:46am
600 Views
Post# 15848959

Timmins Gold Private Placement

Timmins Gold Private Placement

Timmins Gold 6.25-million-share private placement

2009-03-16 20:25 ET - Private Placement

The TSX Venture Exchange has accepted for expedited filing documentation with respect to the first tranche of a non-brokered private placement announced March 2, 2009.

Number of shares:  6.25 million shares

Purchase price:  40 cents per share

Warrants:  3,125,000 share purchase warrants to purchase 3,125,000 shares

Warrant exercise price:  60 cents for a one-year period

Number of placees:  one

Pro group:  Sprott Asset Management Inc. (portfolio managed) 6.25 million

Finder's fee:  $200,000 payable to Long Wave Strategies Inc. (Janice Advent)

Bullboard Posts