| Tinka announces closing of first tranche of private placement for C$5.77 million | |
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/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES / VANCOUVER , April 9, 2018 /CNW/ - Tinka Resources Limited ("Tinka" or the "Company") (TSXV & BVL: TK) (OTCPK: TKRFF) is pleased to announce that it has closed the first tranche (the "First Tranche") of the previously announced non-brokered private placement financing (the "Placement") of units of the Company (the "Units"). Under the First Tranche, the Company issued 12,022,284 Units at an issue price of C$0.48 per Unit (the "Issue Price"), for aggregate gross proceeds of C$5,770,696 . Each Unit consisted of one (1) common share (a "Common Share") and one-half (0.5) of a common share purchase warrant (each whole common share purchase warrant a "Warrant"). Each Warrant entitles the holder to acquire one Common Share of the Company at a price of C$0.75 at any time prior to April 6 , 2019. The Issue Price for Units in the Placement is the same as for the Company's bought deal financing which closed on April 4, 2018 , and raised gross proceeds of C$8,059,200 . View original content with multimedia: http://www.newswire.ca/en/releases/archive/April2018/09/c8732.html |
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Tinka Resources Ltd
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EXPLORATION STAGE |
CODE : TK.V |
ISIN : CA8875221001 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Tinka Resources is a silver and zinc exploration company based in Canada. Tinka Resources holds various exploration projects in Peru. Its main exploration properties are COLQUIPUCRO and TIBILLOS in Peru. Tinka Resources is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 20.7 millions as of today (US$ 16.0 millions, € 14.4 millions). Its stock quote reached its lowest recent point on January 09, 2009 at CA$ 0.03, and its highest recent level on March 22, 2013 at CA$ 1.25. Tinka Resources has 206 720 000 shares outstanding. |