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Thursday, September 19, 2019 9:43:12 AM
MONTREAL, Sept. 19, 2019 (GLOBE NEWSWIRE) -- Tamino Minerals, Inc. ("Tamino" or the "Company") (OTC Markets: TINO) September 19th, 2019, Mr. Pedro Villagran-Garcia, President & CEO, is pleased to announce that it has closed its non-brokered private placement of up to 15.0 million units at a price of $0.10 per-share successfully.
The proceeds of the offering will be used to fund exploration of the company’s Sonora projects and for working capital.
We are pleased to report that our executive team, with its key leadership management team, is continuing to produce results. We have a very big and bright 2019 planned. A major focus for Tamino in 2019 is to target high quality long-term focused institutional shareholders and high-quality research coverage. When Tamino executes on these plans, our shareholders will see significant increases in value.
Gold has always been a valuable investment and as the Fed continues its hike in interest rates, we foresee a significant opportunity in 2019 as prices are projected to surge past $1,650 an ounce over the next year. As gold prices begin to trend upwards, investors will begin to flock to the haven of physical gold and mining companies producing the ever-sought-after mineral.
We will continue to inform as to the terms are met and funding is secured.
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