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Central Timmins Exploration Corp. Announces Full Exercise and Closing of the Over-Allotment Option
Central Timmins Exploration Corp. Announces Full Exercise and Closing of the Over-Allotmen...
About this update from P2 Gold Inc.
[{"type":"text","content":"\n\n\n\nCentral Timmins Exploration Corp. Announces Full Exercise and Closing of the Over-Allotment Option\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Nov. 14, 2018\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./\n TORONTO, Nov. 14, 2018 /CNW/ - Central Timmins Exploration Corp. (\"CTEC\" or the \"Corporation\") (TSXV: CTEC) is pleased to announce that, further to its successfully completed initial public offering (the \"Offering\") of 15,000,000 common shares of the Corporation (\"Common Shares\") at a price of $0.10 per Common Share (the \"Offering Price\"), the agent has fully exercised its over-allotment option (the \"Over-Allotment Option\") and has sold an additional 2,250,000 Common Shares at the Offering Price, for additional gross proceeds to CTEC of $225,000.\n\n \n \n\n \nThe Common Shares are listed on the TSX Venture Exchange (the \"Exchange\") under the symbol \"CTEC\". As a result of the closing of the Over-Allotment Option, CTEC now has 46,350,000 Common Shares issued and outstanding.\nPI Financial Corp. acted as sole agent and bookrunner for the IPO.\nCTEC's Technical Report and final prospectus are available for review under the Corporation's profile on SEDAR at www.sedar.com.\nThe securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any U.S. state securities laws, and may not be offered or sold in the United States or to United States persons absent of registration, or the availability of any applicable exemption from the registration requirement, of the U.S. Securities Act and applicable U.S. state securities laws. This release shall not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale...