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TMAC Resources Inc (TMR.TO)

TMR.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

TMAC Names Maarten Theunissen As CFO, Ron Gagel As Executive Vice President, Corporate Affairs
Tuesday, 13 Mar 2018 06:01am EDT 

March 13 (Reuters) - TMAC Resources Inc ::TMAC APPOINTS MAARTEN THEUNISSEN AS CHIEF FINANCIAL OFFICER AND RON GAGEL AS EXECUTIVE VICE PRESIDENT, CORPORATE AFFAIRS.TMAC RESOURCES INC - APPOINTS MAARTEN THEUNISSEN AS CHIEF FINANCIAL OFFICER EFFECTIVE APRIL 1, 2018.  Full Article

TMAC Reports Qtrly Loss Per Share ‍$0.30
Thursday, 22 Feb 2018 08:51pm EST 

Feb 22 (Reuters) - Tmac Resources Inc ::TMAC REPORTS OPERATING AND FINANCIAL RESULTS FOR FOURTH QUARTER AND YEAR 2017.QTRLY LOSS PER SHARE ‍$0.30 ​.‍17,350 OUNCES OF GOLD WERE SOLD IN THREE MONTHS ENDED DECEMBER 31, 2017 FOR PROCEEDS OF $28.2 MILLION (US$22.1 MILLION)​.  Full Article

TMAC Resources Provides Q4 Operations Update And 2018 Milestones
Tuesday, 16 Jan 2018 06:01am EST 

Jan 16 (Reuters) - TMAC Resources Inc ::TMAC RESOURCES PROVIDES FOURTH QUARTER OPERATIONS UPDATE AND 2018 MILESTONES.TMAC RESOURCES INC - ‍MINED 53,500 TONNES OF ORE AT A GRADE OF 9.4 GRAMS PER TONNE ("G/T"), CONTAINING 16,200 OUNCES OF GOLD IN Q4 OF 2017​.TMAC RESOURCES INC - IN Q4 2017, CO SOLD 17,350 OUNCES OF GOLD.TMAC RESOURCES INC - DORIS OPERATIONS ORE PRODUCTION IN 2018 WILL MAINLY COME FROM FULLY DEVELOPED DORIS NORTH ZONE AND DEVELOPED STOPES IN DORIS BTD ZONE.TMAC RESOURCES INC - ‍2018 OBJECTIVE FOR DORIS OPERATIONS TO MINE BETWEEN 420,000 AND 470,000 TONNES OF ORE AT BETWEEN 11 AND 14 G/T GOLD​.TMAC RESOURCES INC - ‍COSTS IN Q1 OF 2018 ARE EXPECTED TO BE IN LINE WITH COSTS INCURRED IN 2017.  Full Article

TMAC Resources Appoints Jason Neal As President And CEO
Tuesday, 16 Jan 2018 06:01am EST 

Jan 16 (Reuters) - TMAC Resources Inc ::TMAC RESOURCES APPOINTS JASON NEAL AS PRESIDENT AND CHIEF EXECUTIVE OFFICER.TMAC RESOURCES INC - ‍TERRY MACGIBBON WILL CONTINUE IN ROLE OF EXECUTIVE CHAIRMAN​.  Full Article

TMAC Resources CEO ‍Catharine Farrow resigns
Thursday, 16 Nov 2017 08:59am EST 

Nov 16 (Reuters) - TMAC Resources Inc :TMAC Resources announces Ceo’S retirement.TMAC Resources Inc - ‍Catharine Farrow, chief executive officer of TMAC, is retiring as chief executive officer of company effective December 31​.TMAC Resources Inc - ‍terry Macgibbon, TMAC'S executive chairman, will assume Farrow's responsibilities effective immediately​.  Full Article

Tmac qtrly loss per share $0.13
Thursday, 9 Nov 2017 05:45pm EST 

Nov 9 (Reuters) - Tmac Resources Inc ::Tmac reports operating and financial results for third quarter of 2017.Tmac Resources Inc - qtrly loss per share $0.13.Tmac Resources Inc - ‍13,760 ounces of gold were sold in three months ended September 30, 2017 for proceeds of $22.1 million​.Tmac Resources Inc - ‍expects to sell 50,000 to 60,000 ounces of gold​ in 2017.  Full Article

TMAC Resources provides third quarter operations update
Monday, 16 Oct 2017 06:01am EDT 

Oct 16 (Reuters) - TMAC Resources Inc :TMAC Resources provides third quarter operations update.TMAC Resources Inc says ‍guidance for 2017 remains unchanged at 50,000 to 60,000 ounces of gold sold for 2017​.TMAC Resources - Q3 2017 gold sales of 13,760 ounces realizing $22.1 million (US$17.7 million) at an average realized gold price of US$1,288 per ounce​.  Full Article

TMAC resources quarterly earnings per share ‍$0.01​
Friday, 11 Aug 2017 06:01am EDT 

Aug 11 (Reuters) - TMAC Resources Inc :TMAC reports operating and financial results for second quarter of 2017.Qtrly earnings per share ‍$0.01​.Qtrly ‍metal sales $6.1 million ​.Sees ‍50,000 to 60,000 ounces of gold sold for 2017​.Sees ‍processing of 215,000 to 235,000 tonnes of ore for 2017​.  Full Article

TMAC resources signs revised credit facility
Wednesday, 26 Jul 2017 05:01pm EDT 

July 26 (Reuters) - TMAC Resources Inc :TMAC resources signs revised credit facility.TMAC Resources Inc - ‍has signed a revised credit agreement to provide for total borrowings of U.S.$160 million​.TMAC Resources Inc - signed a revised credit agreement with Sprott Private Resource Lending to provide for total borrowings of U.S.$160 million.  Full Article

TMAC Resources revises credit facility
Friday, 14 Jul 2017 06:01am EDT 

July 14 (Reuters) - Tmac Resources Inc :TMAC Resources Inc - ‍has entered into a term sheet with Sprott Private Resource Lending to provide for total borrowings of US$160 million​.TMAC Resources - ‍under term sheet Morgan Stanley Capital Group Inc will no longer be a lender under credit agreement​.TMAC Resources - Tranche 1 of revised credit agreement will have a single bullet repayment on January 31, 2019.TMAC Resources - about US$30 million of additional funds allow TMAC to finance significant, seasonal expenses incurred during summer sealift period.TMAC Resources - Tranche 2 of revised credit agreement has a term of up to five years, maturing on July 31, 2022.TMAC Resources - revised credit agreement has an interest rate of 6.5 percent plus greater of US Dollar three-month LIBOR, 1.0 percent per annum, payable quarterly.TMAC Resources - ‍amendments to original credit agreement will result in an amended and restated credit agreement comprising Tranche 2 for US$130 million​.  Full Article

BRIEF-TMAC Qtrly Net Loss Per Share $0.16

* TMAC REPORTS IMPROVING OPERATING AND FINANCIAL RESULTS FOR FIRST QUARTER OF 2018