TTM Resources Inc
SymbolTTQ
Shares Issued46,329,989
Close 2009-10-30C$ 0.32
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TTM Resources arranges $1.2-million financing

2009-11-02 11:01 ET - News Release

Mr. Crichy Clarke reports

TTM RESOURCES ANNOUNCES PRIVATE PLACEMENT

TTM Resources Inc. has arranged a non-brokered private placement of three million flow-through units at a price of 40 cents per unit, for aggregate gross proceeds of $1.2-million.

Each unit under the private placement will consist of one flow-through common share and one common share purchase warrant. Each common share purchase warrant entitles the holder to acquire one additional non-flow-through common share of the company at an exercise price of 50 cents within 24 months of closing. The private placement is subject to regulatory approval.

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