Cen­tral Tim­mins lists on the TSX-V

Stockwatch Daily - - MINES & METALS -

CEN­TRAL TIM­MINS Ex­plo­ration Corp.’s ini­tial pub­lic of­fer­ing prospec­tus dated Oct. 4, 2018, has been filed with and ac­cepted by the TSX Ven­ture Ex­change, and filed with and re­ceipted on Oct. 5, 2018, by the se­cu­ri­ties reg­u­la­tory au­thor­i­ties in On­tario, Bri­tish Columbia and Al­berta, pur­suant to the pro­vi­sions of the ap­pli­ca­ble se­cu­ri­ties acts. The com­mon shares of the com­pany will be listed and ad­mit­ted to trad­ing on the TSX-V on the ef­fec­tive date stated be­low.

The com­pany is clas­si­fied as gold and sil­ver ore min­ing com­pany.

- Of­fer­ing: 15 mil­lion shares

- Price: 10 cents

- Agent: PI Fi­nan­cial Corp.

- Agent’s fee: cash com­mis­sion equal to 7 per cent of the gross pro­ceeds of the of­fer­ing

- Agent’s war­rants: non-trans­fer­able war­rants to pur­chase a num­ber of com­mon shares equal to 7 per cent of the num­ber of shares sold pur­suant to the of­fer­ing at an ex­er­cise price of 10 cents per share un­til Oct. 16, 2020, and 500,000 war­rants on the same terms as a cor­po­rate fi­nance fee - Green­shoe op­tion: The agent may over­al­lot the shares in con­nec­tion with the Of­fer­ing and the com­pany has granted to the agent an op­tion to pur­chase ad­di­tional shares, up to 15 per cent of the of­fer­ing, at 10 cents per share, up to the close of busi­ness

Nov. 15, 2018. - Listing date: at the close of busi­ness (5:01 p.m. East­ern Time) on Mon­day, Oct. 15, 2018. -Com­mence date: The com­mon shares will com­mence trad­ing on the TSX Ven­ture Ex­change at the open­ing on Tues­day, Oct. 16, 2018, upon con­fir­ma­tion of clos­ing.

The clos­ing of the IPO is sched­uled to oc­cur be­fore the mar­ket open­ing on Tues­day, Oct. 16, 2018. It is ex­pected that the gross pro­ceeds of the clos­ing will be $1.5-mil­lion for a to­tal of 15 mil­lion com­mon shares at 10 cents per share. A fur­ther no­tice will be is­sued upon re­ceipt of clos­ing con­fir­ma­tion. - Cor­po­rate ju­ris­dic­tion: Canada - Cap­i­tal­iza­tion: un­lim­ited com­mon shares with no par value of which 44.1 mil­lion com­mon shares will be is­sued and out­stand­ing af­ter the clos­ing of the of­fer­ing - Escrowed shares: 18.85 mil­lion

-Trans­fer agent: TSX Trust Com­pany - Sym­bol: CTEC - Cusip No.: 155528102 For fur­ther in­for­ma­tion, please re­fer to the com­pany’s prospec­tus dated Oct. 4, 2018.

Neville Das­toor, Charles M Gryba, Ju­lian B Kemp, Wes Roberts

(CTEC) Shares: 44,100,000

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