VANCOUVER, March 17, 2017 /CNW/ - Transatlantic
Mining Corp. (the "Company") (TCO:TSX.V) announces that it has
plans to do a consolidation of its common shares (each, a "Share")
on the basis of ten (10) pre-consolidation for one (1)
post-consolidation Share (the "Consolidation").
In connection with the consolidation, the name of the company
will not change and the Company's trading symbol will remain
TCO.
About Transatlantic Mining Corp.
Transatlantic Mining (TSX-V: TCO) is an emerging
precious and base metal explorer, developer and producer. The
Company has a focus on high-grade mining, in stable mining
jurisdictions. The Company is engaged in controlling and owning
mineral properties interests, such as an 80% earn-in option on
the Monitor Copper-Gold project in Idaho (USA).
In January 2016, the Company
entered a lease/purchase option agreement on 100% of the US
Grant Gold-Silver Mine &
Mill complex in Montana
(USA) which has now produced a concentrate within 12 months.
A proven management team, led by Chief Executive Officer
Bernie Sostak seek to enhance shareholder value
through expert exploration/development and expansion of its
existing assets, together with selective and future earning
accretive acquisitions.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release
SOURCE Transatlantic Mining Corp.