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Bullboard - Stock Discussion Forum 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 Discussion

Timmins Gold Corp > Then there are the 18,200,000 .70 warrants
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Post by goldnevada1 on Mar 10, 2017 2:56pm

Then there are the 18,200,000 .70 warrants

On November 30, 2016, the Company closed a bought deal financing issuing 36,400,000 units of the Company. Each unit included one common share of the Company and one-half of one common share purchase warrant. 18,200,000 warrants were issued as a result of the financing. Each warrant is exercisable for one common share of the Company at a price of C$0.70 ($0.52) per share prior to May 30, 2018. 
Comment by Goldhound3 on Mar 10, 2017 2:57pm
I sure hope thats not correct or were going to be at this level for a very long time
Comment by goldnevada1 on Mar 10, 2017 3:01pm
Oh that's correct right from the financial statement 38,200,000 warrants at .35 and .70. 
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