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TMAC Resources to Announce Q2 2019 Financial Results on August 14, 2019

Press Release

TORONTO–TMAC Resources Inc. (TSX: TMR) (“TMAC” or the “Company”) announces a rescheduling of the release of its second quarter financial results to Wednesday, August 14, 2019. The Company is engaged in discussions with its two largest shareholders, Resource Capital Funds and Newmont Goldcorp Corporation, as well as with Sprott Lending, with respect to its near-term financing requirements and corporate strategy. The Company has not breached any covenants with respect to the Sprott debt facility. The discussions with respect to the financing requirements includes support for the potential release of up to $30.8 million of restricted cash along with additional funding alternatives. In the absence of support from its largest stakeholders, the Company will require funding from other sources to fully meet its near term committed expenditures.

Senior management will host a conference call and webcast to discuss its second quarter financial results on Thursday, August 15, 2019 at 10:00 a.m. (ET).

Conference call and webcast details:

Thursday, August 15, 2019 at 10:00 a.m. ET

Webcast

www.tmacresources.com

Toll Free (North America)

1-800-319-4610

Toronto

416-915-3239

International

604-638-5340

An archive of the webcast will be available on the Company’s website.

TMAC Resources Inc.

Jason Neal
President and Chief Executive Officer
Phone: 416-628-0216

Lisa Wilkinson
Director, Investor Relations and Strategic Development
Phone: 416-628-0216
Lisa.Wilkinson@tmacresources.com
www.tmacresources.com

IBF4

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