|Bid||1.3400 x 0|
|Ask||1.3800 x 0|
|Day's range||1.2800 - 1.3800|
|52-week range||0.4500 - 1.9800|
|Beta (5Y monthly)||1.42|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||2.38|
Treasury Metals Inc. (TSX: TML) (“Treasury” or the “Company”) is pleased to report that, in connection with its previously announced bought deal private place financing, the Company and a syndicate of underwriters, led by Haywood Securities Inc., and including PI Financial Corp., Sprott Capital Partners LP, and Canaccord Genuity Corp. (collectively, the “Underwriters”) have agreed to increase the size of the offering (the “Offering”) to an aggregate of 32,000,000 subscription receipts (the “Subscription Receipts”) of the Company. The Subscription Receipts will be issued at a price of $0.36 per Subscription Receipt (the “Issue Price”) for aggregate gross proceeds of $11,520,000.
Treasury Metals Inc. (TSX: TML) (“Treasury” or the “Company”) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Haywood Securities Inc. (collectively, the “Underwriters”) in connection with a “bought deal” private placement financing (the “Offering”) of an aggregate of 27,800,000 subscription receipts (the “Subscription Receipts”) at a price of $0.36 per Subscription Receipt (the “Issue Price”) for gross proceeds of $10,008,000. The Offering is being completed in connection with the Company’s previously announced transaction (the “Transaction”) wherein Treasury will acquire all of the outstanding common shares of Tamaka Gold Corporation, a wholly owned subsidiary of First Mining Gold Corp., which holds a 100% interest in the Goldlund Gold Project (“Goldlund”), located immediately adjacent to Treasury’s Goliath Gold Project (“Goliath”) in Northwestern Ontario.
TORONTO, March 11, 2020 -- Platinex Inc. (CSE: PTX) ("Platinex") and Treasury Metals Inc. (TSE:TML) (“Treasury”) have entered into a non-binding heads of agreement between the.