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January 27, 2021

Temas Resources Signs Letter of Intent to Acquire Major Stake in Industry-Leading Technology via Process Research Ortech Inc. Affiliate

VANCOUVER, British Columbia–(BUSINESS WIRE)–Temas Resources Corp. (“The Company”, “Temas Resources”, CSE: TMAS, OTCQB: TMASF, FSE: 26P), a publicly traded company focused on the advancement of mineral independence within stable, mining-friendly jurisdictions, announced today it has signed a non-binding Letter of Intent (“LOI”) to acquire a major stake of the issued and outstanding shares of ORF Technologies, Inc. (“ORF”) and the patents owned by ORF (“Patents”), which set a new industry benchmark for production costs and environmental impact in Titanium(IV) oxide (TiO2) production. “Previous test work by Process Research Ortech using the ORF ilmenite process has produced material that has exceeded […]
January 6, 2021

Temas Resources Announces Draw Down on Equity Facility with Crescita

VANCOUVER, British Columbia–(BUSINESS WIRE)–Temas Resources Corp. (the “Company” or “Temas Resources”, CSE: TMAS, OTCQB: TMASF), a publicly traded company focused on the advancement of mineral independence within stable, mining-friendly jurisdictions, announced today that it has closed a non-brokered private placement (the “Private Placement”) of 300,000 common shares at a price of $0.716 per common share. The Private Placement constituted an initial drawdown of the $5 million equity investment facility with Crescita Capital LLC (the “Equity Investment Facility”). The net proceeds of the Private Placement will be used for exploration expenses and for general working capital. For more information about the […]
December 29, 2020

Temas Resources Announces Closing of $1 Million Flow-Through Financing at $1.00 per Share

Laurentian Bank Securities Inc. acts as advisor to Temas Resources VANCOUVER, British Columbia–(BUSINESS WIRE)–Temas Resources Corp. (the “Company” or “Temas Resources”, CSE: TMAS, OTCQB: TMASF), a publicly traded company focused on the advancement of mineral independence within stable, mining-friendly jurisdictions, announced today it has closed a private placement of 1,000,000 flow-through common shares (the “Shares”) at a price of $1.00 per Share for gross proceeds of $1 million. “We’re very excited by the continued support shown by Laurentian Bank Securities Inc. assisting with the closing of yet another round of financing,” said Michael Dehn, CEO. “This $1 million financing is […]
December 18, 2020

Temas Resources Enters Strategic Partnership with Erin Ventures for Development of Erin’s Piskanja Boron Project

VANCOUVER, British Columbia–(BUSINESS WIRE)–Temas Resources Corp. (the “Company” or “Temas Resources”( (CSE: TMAS, OTCQB: TMASF), is pleased to announce that it has entered into a letter of intent with Erin Ventures Inc. (“Erin”) for the joint development of Erin’s Piskanja Borate Project, located in Serbia (“Piskanja”). Piskanja is Erin’s wholly owned boron deposit with an indicated mineral resource of 7.8 million tonnes (averaging 31.0 per cent B2O3), and an inferred resource of 3.4 million tonnes (averaging 28.6 per cent B2O3), calculated in accordance with the Canadian Institute of Mining Definition Standards on Mineral Resources and Reserves (CIM Standards), as disclosed in Erin’s […]
December 10, 2020

Temas Resources Announces Closing of $2.6 Million Flow-Through Financing at $1.00 per Share

Laurentian Bank Securities Inc. acts as advisor to Temas ResourcesDecember 10, 2020 07:30 AM Eastern Standard Time VANCOUVER, British Columbia–(BUSINESS WIRE)–Temas Resources Corp. (the “Company” or “Temas Resources”, CSE: TMAS, OTCQB: TMASF), a publicly traded company focused on the advancement of mineral independence within stable, mining-friendly jurisdictions, announced today it has closed a private placement of 2,625,000 flow-through common shares (the “Shares”) at a price of $1.00 per Share for gross proceeds $2.625 million. “Laurentian Bank Securities Inc.’ support of Temas Resources in the closing of this private placement at such a significant premium to the current share price confirms […]
November 30, 2020

Temas Resources Closes $5 Million Institutional Equity Capital

Temas Resources and Crescita Capital Announce Closing of Major Institutional Backing VANCOUVER, British Columbia–(BUSINESS WIRE)–Temas Resources Corp. (“The Company”, “Temas Resources”, CSE: TMAS, OTCQB: TMASF), a publicly traded company focused on the advancement of mineral independence within stable, mining-friendly jurisdictions, announced today it has closed the previously announced institutional funding of $5 million (the “Equity Investment Facility”) from Crescita Capital. “We are very pleased to be receiving this level of institutional backing so early in the development of Temas Resources’ business plan,” said Michael Dehn, CEO. “With this equity investment Temas Resources’ strategic vision and mission pursuit are being verified […]