November 10, 2016 / 12:47 PM / 9 months ago

BRIEF-Timmins Gold Corp announces C$20 million bought deal offering of units

Nov 10 (Reuters) - Timmins Gold Corp

* Timmins Gold Corp announces C$20 million bought deal offering of units

* Timmins Gold Corp says each warrant will entitle holder to acquire one common share of Timmins Gold at a price of C$0.70

* Proceeds of offering will be used for exploration, preconstruction activities at Ana Paula project

* Says offering 36.4 million units priced at C$0.55/unit Source text for Eikon: Further company coverage:

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