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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

Post by DEH1on Jun 15, 2016 9:22am
154 Views
Post# 24966678

THANK YOU MR.BACKENS

THANK YOU MR.BACKENS"Settlement of this debt is a very significant achievement for Timmins as it has been a top priority to place the company in a stronger financial position going forward," stated Mark Backens, interim chief executive officer. "With the debt paid off, we gain flexibility and can renew focus on the advancement of the Ana Paula feasibility study and permitting work. Initial funding for this work will be provided by the cash flow generated from the San Francisco mine. We would like to extend our appreciation to both Sprott and our largest shareholder Goldcorp for their support."

CHEERS
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