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Temas Resources Announces Non-Brokered Private Placement of $510,000
VANCOUVER, BC / ACCESS Newswire / June 27, 2025 /Temas Resources Corp. ("Temas" or the "Company") (CSE:TMAS)(OTCQB:TMASF) is pleased to announce a non-brokered private placement (the "Financing") of up to 1,700,000 shares at a price of $0.30 per share ...
About this update from Temas Resources Corp.
[{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / June 27, 2025 / Temas Resources Corp. ("Temas" or the "Company") (CSE:TMAS)(OTCQB:TMASF) is pleased to announce a non-brokered private placement (the "Financing") of up to 1,700,000 shares at a price of $0.30 per share for gross proceeds of $510,000.","length":314,"tagName":"p"},{"type":"text","content":"The Company intends to use the proceeds to advance its exploration programs on its the La Blache and Lac Brule titanium projects in Quebec Canada.","length":146,"tagName":"p"},{"type":"text","content":"There may be finder's fees payable in cash or securities. Pursuant to applicable Canadian securities laws, all securities issued and issuable in connection with the Financing will be subject to a four (4) month hold period commencing on the Closing Date.","length":258,"tagName":"p"},{"type":"text","content":"The Company also announces that it has issued 400,000 stock options to a consultant of the Company to purchase up to 400,000 common shares in the capital of the Company. The stock options are exercisable for a period of three years from the date of grant with an exercise price of $0.26. The stock options will vest quarterly over a one-year period.","length":349,"tagName":"p"},{"type":"text","content":"About Temas Resources","length":21,"tagName":"p"},{"type":"text","content":"Temas Resources Corp. (CSE:TMAS)(OTCQB:TMASF) owns a suite of advanced green mineral processing technologies which it is not only applying to its mineral exploration projects in North America but looking to license with industry partners in need of proactive commercial solutions worldwide. The novel suite of technologies is applicable to many different metals and rare earth elements and studies have shown that it reduces the environmental impact and carbon footprint of metal extraction while significantly improving operating margins through advanced processing and patented leaching technologies.","length":602,"tagName":"p"},{"type":"text","content":"Additionally, the Company owns 100% of the exclusive mineral rights to two titanium, vanadium and iron bearing properties in Quebec. It is advancing the 208.5Mt inferred @ 16.7% TiO2 Eq La Blache VTM/ilmenite project where it has consolidated 100% ownership over three deposit areas. The Farrell-Taylor deposit is the subject of a current Prelim...