PE-backed miner TMAC Resources plans IPO on TSX: Reuters
TMAC Resources, which is currently developing the Hope Bay gold project in Canada's far north, has begun paperwork on an initial public offering and plans to list on the Toronto Stock Exchange soon, a source told Reuters. The Canadian company, which has privately raised over $157 million since it was formed in 2012, is largely owned by U.S. private equity firm Resource Capital Funds and Newmont Mining.
1 June 2015•2 mins read
