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TMAC Resources Inc. T.TMR

TMAC Resources Inc is an industrial metals and materials company. The business acquires, explores, and evaluates mineral properties. Its lone business segment is Mining; this segment is engaged in the exploration and development of precious metal resources, primarily gold. The company generates the vast majority of its revenue in Canada. TMAC Resources' primary mine is located in Hope Bay, in the Kitikmeot region of the western Nunavut Territory. TMAC mines for gold resources and inferred minera


TSX:TMR - Post by User

Post by effectemergenceon Jul 23, 2020 10:21pm
198 Views
Post# 31311923

Benefits of takeover

Benefits of takeover  -capital to complete the Hope Bay feasibility study and execute the significant expansion.
-maintain the flow of royalties, fees and taxes to Inuit and Territorial governments.
-provide ongoing and long-term employment opportunities -
-skills training and community development programs at Hope Bay.
-Shangdon stated the will maintain existing contracts and agreements, including relationships with Inuit-owned firms.
-commitment to high standards of environment,
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