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

Dec 10, 2020•over 4 years ago

Amount Raised

$2.6 Million

Round Type

seed

VancouverMining

Description

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.

Company Information

Company

Temas Resources

Location

Vancouver, British Columbia, Canada

About

Temas Resources Corp. (CSE: TMAS) (OTCQB: TMASF) is focused on the advancement of mineral independence and processes by which mineral products (nickel, iron, copper, gold, ilmenite and other sulphide and oxide mineral ores and concentrates) are processed and recovered using sustainable hydrometallurgical technologies. The Company invests in and works to apply its green technologies across its mining portfolio to reduce the environmental impact and carbon footprint of metal extraction through advanced processing and patented leaching technologies. The Company is advancing Iron-Titanium-Vanadium projects in Quebec and has recently published results from a preliminary economic assessment on the Piskanja Boron Project in Serbia.

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