Tinka Resources Limited’s $103.8 Million Shares Offering


Dentons advised on the transaction

Tinka Resources Limited finalized the listing of $103.8 Million of common shares on the Lima Stock Exchange.

Trading will be conducted under the ticker symbol ‘TK’. Kallpa Securities S.A.B., an authorized and regulated securities broker in Peru, is acting as Tinka’s sponsoring broker.

The BVL is also a participant of the Mercado Integrado Latinoamericano (“MILA”). Through MILA, the BVL is increasingly integrated with the regional equity markets in Colombia, Chile and Mexico.

Tinka is an exploration and development company with its flagship property being the 100%-owned Ayawilca Property in the zinc-lead-silver belt of central Peru, 200 kilometres northeast of Lima. The Ayawilca Zinc Zone has an Inferred Mineral Resource of 18.8 Mt at 8.2% Zinc Eq, and a Tin Zone Inferred Mineral Resource of 5.4 Mt at 0.89% Tin Eq, both open for expansion (May 25, 2016). The Silver Zone at Colquipucro, 2 km north of the Zinc Zone, has Indicated Mineral Resources of 2.9 Mt at 112g/t Ag for 10.4 Moz Ag and Inferred Mineral Resources of 2.2 Mt at 105g/t Ag for 7.5 Moz Ag hosted by oxidized silver-rich lenses less than 80 metres from surface (Feb. 26, 2015).

Dentons advised Tinka Resources Limited with Fernando Pickmann (Picture) and Mario Chirinos.

Involved fees earner: Fernando Pickmann – Dentons; Mario Chirinos – Dentons;

Law Firms: Dentons;

Clients: Tinka Resources Limited;

Print Friendly, PDF & Email
Avatar

Author: Ambrogio Visconti.