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BRIEF-TMAC Resources says concurrent private placement, overnight marketed equity offering for aggregate gross proceeds of C$50 mln
October 26, 2017 / 9:24 PM / 23 days ago

BRIEF-TMAC Resources says concurrent private placement, overnight marketed equity offering for aggregate gross proceeds of C$50 mln

Oct 26 (Reuters) - TMAC Resources Inc:

* TMAC resources announces concurrent private placement and overnight marketed equity offering for aggregate gross proceeds of c$50 million

* TMAC Resources- ‍under public offering, co is expected to issue up to 2.9 million common shares at a price of c$7.00 per common share​

* TMAC Resources-to use proceeds of public offering, private placement for continued ramp up of processing plant, continued advancement of hope bay belt​ Source text for Eikon: Further company coverage:

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