|Bid||0.095 x 0|
|Ask||0.115 x 0|
|Day's Range||0.0950 - 0.1150|
|52 Week Range||0.0700 - 0.2400|
|Beta (3Y Monthly)||5.73|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.00|
Toachi Mining Inc., (“Toachi” or the “Company”) (TIM.V) (TIMGF) announced today that it intends to proceed with a strategic non-brokered private placement with a combination of insiders and high net worth investors (the “Financing Group”), for an aggregate principal amount of up to C$1,500,000 convertible debentures (the “Debentures”) of Toachi (the “Financing”), of which Toachi has already received commitments for C$1,000,000. Each Debenture will bear interest at an annual rate of 10.85% and may be converted into a maximum of 12,500,000 common shares of the Company at a conversion price of $0.12 per share at any time prior to maturity. The net proceeds from the Financing will be used to accelerate Toachi’s option payment to earn a controlling interest in the La Plata Project in Ecuador, advance engineering of the Toachi’s La Plata Project as well as for working capital and general corporate purposes.
Toachi Mining Inc., has completed a series of new high grade trenching results and encouraging stream sediment sampling results extending to 1.1 km the known VMS corridor footprint towards the north including trenching of 2.5m of 5.36 g/t Au, 71.18 Ag, 2.14% Cu, 3.22% Pb & 10.86% Zn.
Toachi Mining Inc., (“Toachi” or the “Company”) (TIM.V) (TIMGF) is pleased to announce that it has entered into agreements on January 4th with a syndicate of investors from Canada and Latin America (the “Financing Group”), pursuant to which The Financing Group has agreed to subscribe to an aggregate principal amount of C$1,150,000 convertible debentures (the “Debentures”) of Toachi Mining Inc. Each Debenture bears interest at an annual rate of 10.85% and may be converted into a maximum of 9,583,332 common shares of the Company at a conversion price of $0.12 per share at any time prior to maturity. This private placement is among arm’s length parties and remains subject to the final approval of the TSX Venture Exchange.
I am going to take a deep dive into Toachi Mining Inc’s (TSXV:TIM) most recent ownership structure, not a frequent subject of discussion among individual investors. A company’s ownership structureRead More...
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Toachi Mining Inc. announces that the Board of Directors of the Company has approved the grant of an aggregate of 1,050,000 stock options to eligible participants of the Company's stock...
Toachi Mining Inc., is pleased to announce the appointment of Alain Bureau, effective today, as President and CEO, replacing Jonathan Goodman, who will transition from President and CEO to Chairman of......
Toachi Mining Inc. has released the voting results from its Annual General Meeting held Wednesday January 31, 2018, in Toronto, Ontario, in accordance with Toronto Stock Venture Exchange...