TMAC reports operating and financial results for third quarter
9 November 2017
TMAC Resources Inc. is filing its third quarter 2017 financial statements and management’s discussion & analysis for the period ended September 30, 2017. “We are pleased to have closed the public offering of shares for aggregate gross proceeds of $21.6 million concurrent with closing our private placement with RCF and Newmont for aggregate gross proceeds of $31.4 million, including the exercise of the underwriters’ over-allotment option, for a total of $53 million. We appreciate the support of our shareholders, old and new, as we navigate the ramp up of the plant to consistent plant operation at or near design throughput and recovery levels," said Dr. Catharine Farrow, TMAC Chief Executive Officer.