Central Timmins Exploration Corp.
Fact Sheet
Central Timmins Exploration Corp. (TSX.V CTEC) is an early stage Canadian-based junior exploration company with property exclusively in the Porcupine Mining District, in northeastern Ontario. The Company’s assets are prospective for gold as well as base metals. CTEC commenced trading on the TSX Venture Exchange in October 2018.
In December 2018, CTEC completed a strategic flow-through financing with Goldcorp Inc. (TSX.V: G), resulting in Goldcorp owning 9.74% of CTEC. The strategic investment provides CTEC with access to Goldcorp’s expertise and extensive historical data. CTEC also entered into an agreement to sell a number of non-core claims to Goldcorp providing nondilutive funds to enhance the ongoing exploration program.
CORPORATE STRUCTURE
TSX.V: CTEC
Share Price: $0.10
Issued & Outstanding
Basic: 51,350,000
FD: 56,557,500
High/Low
$0.20/$0.08
SHAREHOLDERS
Goldcorp Inc.
Delbrook Capital Advisors Inc.
Premier Gold Mines Ltd.
Management
Charles Gryba, P.Eng.
President, Chief Executive Officer, Director
Neville Dastoor, P.Eng., MBA, CFA
Chairman, Director
Julian Kemp, BBA, CPA, CA, C.Dir.
Director
Wes Roberts, P.Eng., M.Sc., MBA
Director
John Sullivan, B.Sc., P.Geo.
Director
Arvin Ramos, CPA, CA
CFO
Corporate Head Office
Central Timmins Exploration Corp.
Head Office
1008 – 4950 Yonge Street
North York, Ontario
M2N 6K1
Email: info@centraltimmins.com
Tel: (416) 203-3776
Highlights
The Right Team
➢ Backed by an experienced team with a history of success in finding and funding significant mining deposits
➢ Team includes Charles Gryba who has permitted four mines and started two mills in the past 10 years. He has also
been exploring Timmins since 1980, including the 2M oz Au Pamour Super Pit. He discovered the 3M oz Au Moneta
Michaud deposit and expanded St. Andrew’s Taylor deposit from 50,000 oz Au to 1.5M oz Au which is now a major
producer for Kirkland Lake Gold
➢ Backed by an experienced financial and technical team at INFOR Financial Inc.
The Right Jurisdiction
➢ Located in a friendly, historical and prolific mining jurisdiction in the Abitibi greenstone belt adjacent to many former
and currently producing mines
➢ CTEC is the third largest land holder in Timmins with four major exploration regions
➢ Strong government and First Nations support for mining
➢ Excellent Infrastructure and access to low-cost drilling and exploration
Prospective Land Package
➢ 12 years of staking to assemble the CTEC land package of 406 claims which are relatively underexplored compared
to the main mine site areas in the Timmins Camp
➢ Compelling historic work complimented by new approaches to, and understanding of, exploration in the Timmins
Camp. Technology improvements plus recent government mapping have helped with new interpretation models.
Recently developed MMI surveying has been able to map bedrock under or through 25m of glacial overburden
➢ Approximately 20 high priority targets to be explored in Phase I in the first half of 2019
Cautionary Statement and Forward Looking Statement Disclaimer: Certain information included in this discussion may constitute forward-looking statements. These statements
involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking
statements. Such statements are based on a number of assumptions which may prove to be incorrect. Investors should not place undue reliance on forward-looking statements as the
plans, intentions or expectations upon which they are based might not occur. The Company cautions that the foregoing list of important factors is not exhaustive. Investors and others
who base themselves on the Company's forward-looking statements should carefully consider the above factors as well as the ability of obtaining sufficient financial support.
Source: https://www.centraltimmins.com/investors/fact-sheet/
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