Timberline Resources to Commence Public Offering for Lookout Mountain Exploration
Timberline Resources Corporation (TBR.V) intends to commence a public offering of its common stock. The pricing and number of shares of common stock to be offered will be determined in the context of the market.
Timberline intends to use the net proceeds from the offering for exploration of our Lookout Mountain Project in Nevada, exploration and development of other existing or acquired mineral properties, working capital requirements, acquisitions, or for other general corporate purposes.
TBR was last trading at 35 cents per share.
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