BRIEF-TMAC Resources announces $80 mln bought deal financing

Mon Jun 27, 2016 5:21pm EDT
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June 27 (Reuters) - TMAC Resources:

* TMAC Resources Inc announces $80 million bought deal financing

* Net proceeds will be used to advance development of Co's hope bay gold project, for exploration and development of BTD zone at Doris

* Entered agreement under which underwriters agreed to buy 4 million shares from co and 1.3 million shares from RCF at price of $15.10 per share Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)