RE:From todays News Release
"Timmins Gold Corp. has confirmed closing of its previously announced bought deal offering of 36.4 million units of the company, at a price of 55 cents per unit for gross proceeds to the company of approximately $20-million."
Now they say: "Additionally and pursuant to the company's short form prospectus dated Nov. 28, 2016, 36.4 million units were issued at a price of 55 cents per unit. Total net proceeds to the company amounted to $13.8-million."
How do you reconcile these two statements?