TMAC Resources Makes US$35 Million Second Draw Under US$120 Million Senior Secured Term Facility

8 July 2016

TORONTO, ON --(Marketwired - July 07, 2016) - TMAC Resources Inc. (TSX: TMR) ("TMAC" or the "Company") announces that it has made its second draw in the amount of US$35 million under the credit agreement (the "Credit Agreement") entered into with a syndicate of lenders including Sprott Resource Lending Partnership (as Agent) and Morgan Stanley Capital Group Inc., (the "Lenders") in July 2015 with respect to the US$120 million senior secured term loan facility (the "Debt Facility"). The first draw of US$50 million was completed February 10, 2016.