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Timmins Gold Announces Closing of C$6 million Private Placement

2015-10-20 07:52:33| Railroads - Topix.net

Timmins Gold Corp. is pleased to announce, further to its news release of September 18, 2015, the closing of a C$6.0 million non-brokered private placement by Goldcorp Inc. consisting of 20 million units of Timmins Gold at a price of C$0.30 per unit. Each unit consists of one share and one half of a warrant, each whole warrant being exercisable for one common share of Timmins Gold at a price of C$0.35 per share for a term of 24 months.

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