April 17, 2018 / 12:13 PM / 6 days ago

BRIEF-Tinka Announces Upsized & Oversubscribed Second Tranche Private Placement Financing Of C$2.4 Mln

April 17 (Reuters) - Tinka Resources Ltd:

* TINKA ANNOUNCES UPSIZED & OVERSUBSCRIBED SECOND TRANCHE PRIVATE PLACEMENT FINANCING OF C$2.4 MILLION

* TINKA RESOURCES LTD - INTERNATIONAL FINANCE CORPORATION PROPOSES TO BUY 3.95 MILLION UNITS AT C$0.48 PER UNIT FOR GROSS PROCEEDS TO COMPANY OF C$1.9 MILLION

* TINKA RESOURCES LTD-PLANS TO USE NET PROCEEDS FROM SECOND TRANCHE OF PLACEMENT TO FUND EXPLORATION EXPENDITURES AT ITS AYAWILCA PROJECT IN PERU Source text for Eikon: Further company coverage:

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