Friday, October 04, 2019 3:39:27 PM
Quote..."Garcia, President & CEO, is pleased to announce that it has closed its non-brokered private placement"....End quote.
THEN
Last sentence states:...Quote..."We will continue to inform as to the terms are met and funding is fully secured..."End quote....THIS SENTENCE CONTRADICTS THE FIRST STATMENT. Funding is NOT closed until "terms are met and funding is fully secured."?
Read Release below:
News
Tamino Minerals Inc. Announces Update on Financing
MONTREAL, Sept. 23, 2019 (GLOBE NEWSWIRE) -- Tamino Minerals, Inc. ("Tamino" or the "Company") (OTC Markets: TINO), 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. Some of our shareholders have been asking questions regarding the terms of the financing. Volume has been improving consistently in the recent weeks as gold solidly has been holding to its gains.
We will continue to inform as to the terms are met and funding is fully secured.
TAMINO MINERALS, INC.
TAMINO MINERALS INC. is exploring for high-grade gold deposits within a prolific gold producing geologic state, Sonora. Examples like the Herradura, El Chanate, Mulatos, La India and La Colorada, all projects in Sonora have economic minable amounts of gold and are located close to our projects.
On behalf of the Board,
Pedro Villagran-Garcia, President & CEO
Tamino Minerals, Inc.
For further information, please contact the Company at 1-514-432-7746 or by email at info@taminominerals.ca
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