IFC buying at Tinka Resources (TK)

IFC buying at Tinka Resources (V:TK)

Updated Wednesday May 02, 2018 01:33 AM EDT
International Finance Corporation, a 10% Holder, acquired 3,950,000 Common Shares on a direct ownership basis at a price of $0.480 through a prospectus or prospectus exempt offering on April 27th, 2018. The insider also acquired 1,975,000 Warrants with an exercise price of $0.750 until April 27th, 2019 . This represents a $1,896,000 investment into the company's shares and an account share holdings change of 15.2%.

Tinka Resources is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Tinka Resources Limited is a Canada-based junior mineral exploration company. The Company is engaged in the acquisition and exploration of precious and base metals on mineral properties located in Peru. The Company focuses on developing Ayawilca and Colquipucro projects, which are located 40 kilometers northwest of Cerro de Pasco, Central Peru. The Ayawilca Property is located approximately 200 kilometers northeast of Lima in the Department of Pasco, Central Peru, at altitudes of between 3,800 and 4,300 meters. The Colquipucro Silver resource on the Ayawilca Property lies two kilometers north of the Zinc Zone. The Company, through its subsidiary, holds two granted mining concessions covering approximately 2,000 hectares at the Rurimarac gold property located in the Ancash region of Peru. The Rurimarac gold property (including Tinka Nueve) is located in the Department of Ancash in central Peru.

Headlines: May 02, 2018


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