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TEMAS RESOURCES (TMASF) Stock News, Feb-Jun 2024

TMASF OTC

Temas Resources Corp. reports developments in critical-minerals resource ownership and proprietary metallurgical processing. The company owns the La Blache and Lac Brûlé titanium-vanadium-iron projects in Québec and advances its patented Regenerative Chloride Leach (RCL) technology platform for extracting metals from complex mineralization, concentrates, slags and tailings.

Recurring news includes drilling and re-assay work at La Blache’s Farrell-Taylor Fe-Ti-V oxide system, accessory metal results for gallium, scandium and chromium, RCL pilot testing and laboratory deployment, third-party metallurgical service contracts, technology commercialization activity, scientific advisory appointments and flow-through financing for Canadian exploration expenditures.

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Temas Resources (CSE: TMAS, OTCQB: TMASF) announced the results of its Annual General Meeting (AGM) held on June 19, 2024. All resolutions were approved, including the election of directors and the appointment of DeVisser Gray LLP as auditors. The elected directors are S. Kyler Hardy, David Robinson, Veronique Laberge, and Tim Fernback. Veronique Laberge replaced Rory Kutluoglu ahead of the meeting. Temas President and CEO, Tim Fernback, expressed satisfaction with the shareholder support and highlighted plans for further development of the La Blache and Lac Brule Titanium Dioxide mineral properties in Quebec. The company is focused on advancing these critical metals projects and applying green mineral recovery technologies.

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Temas Resources Corp. announced that Veronique Laberge will stand for election to the Board of Directors at the Annual General Meeting (AGM) on June 19, 2024. Laberge replaces Rory Kutluoglu and, if elected, will also serve on the audit committee.

Shareholders are advised to treat all votes for Kutluoglu as votes for Laberge. Detailed instructions for proxy changes and vote revocations are provided. Laberge is an experienced Chartered Professional Accountant and independent director.

Temas Resources focuses on iron-titanium-vanadium projects in Quebec and applies green mineral recovery technologies to reduce environmental impact.

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Temas Resources announced the resignation of director Rory Kutluoglu and the appointment of Veronique Laberge to the board of directors, effective immediately. Kutluoglu had served since 2020. CEO Tim Fernbeck expressed gratitude for Kutluoglu's contributions and optimism about Laberge's financial expertise. Laberge, a Chartered Professional Accountant with over 18 years of experience, will bring valuable insights as the company executes its strategic plans. Additionally, Laberge was granted 125,000 options, vesting over four years with a strike price of $0.29.

Temas Resources focuses on the La Blache and Lac Brule Iron-Titanium-Vanadium projects in Quebec, emphasizing green mineral recovery technologies to reduce environmental impact.

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Temas Resources Corp. completed the second and final tranche of an oversubscribed private placement, raising $531,000 by issuing 2,655,000 units at $0.20 per unit. The funds will be used for exploration programs and general corporate purposes. The company also paid finders a cash fee and issued finders' warrants as compensation. Directors also participated in the financing, oversubscribing the original offering.

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FAQ

What is the current stock price of TEMAS RESOURCES (TMASF)?

TEMAS RESOURCES (TMASF) last closed at $0.0425.

What is the market cap of TEMAS RESOURCES (TMASF)?

The market cap of TEMAS RESOURCES (TMASF) is approximately $4.6M.