Temas Adopts Semi-Annual Financial Reporting

Rhea-AI Summary

Temas Resources (OTCQB:TMASF) will adopt semi-annual financial reporting under Coordinated Blanket Order 51-933, effective for its 2026 fiscal year. The company will be exempt from filing interim reports and MD&A for Q1 ending March 31, 2026 and Q3 ending September 30, 2026.

Temas will continue to file audited annual financial statements (due within 120 days of December 31) and six-month interim reports (due within 60 days of June 30). The company confirms it meets eligibility criteria, including annual revenues of less than $10 million and a clean 12-month continuous disclosure record.

Positive

• Exempt from filing interim reports for Q1 and Q3 2026
• Audited annual statements remain due within 120 days of December 31
• Six-month interim reports remain due within 60 days of June 30
• Confirms eligibility: annual revenues under $10 million and clean disclosure record

Negative

• Reduced quarterly disclosure: no Q1 and Q3 interim reports in 2026
• Investors will receive formal financial updates on a semi-annual rather than quarterly cadence

VANCOUVER, BC / ACCESS Newswire / March 30, 2026 / Temas Resources Corp. ("Temas" or the "Company") (ASX:TIO)(CSE:TMAS)(OTCQB:TMASF)(FSE:26P0] announces that it has elected to rely on Coordinated Blanket Order 51-933 and move to semi-annual financial reporting ("SAR").

Coordinated Blanket Order 51-93 allows eligible venture issuers listed on the Canadian Securities Exchange (the "CSE") to voluntarily move from a quarterly to a semi-annual financial reporting framework. Temas' fiscal year ends on December 31. Under the SAR pilot program, the Company will be exempt from filing interim financial reports and related Management's Discussion & Analysis (MD&A) for its first and third quarters:

• Interim Period: The Company will not file an interim report for the first quarter (Q1) ending March 31, 2026 and the third quarter (Q3) ending September 30, 2026; and

• Ongoing Reporting: Temas will continue to file audited annual financial statements (due within 120 days of December 31, 2025) and six-month interim financial reports (due within 60 days of June 30).

Temas confirms it meets the pilot program's eligibility criteria, which include being a venture issuer with annual revenues of less than $10 million and maintaining a clean 12-month continuous disclosure record.

This news release is being filed pursuant to Coordinated Blanket Order 51 - 933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.

Approved for Release by the Board of Directors

For further information, contact:

Tim Fernback President & CEO timf@temasresources.com

Jane Morgan Investor & Media Relations jm@janemorganmanagement.com.au + 61 (0) 405 555 618

ABOUT TEMAS RESOURCES

Revolutionizing Metal Production
Proprietary IP. Global Licensing. Titanium & Critical Minerals.

Temas Resources Corp. (ASX:TIO)(CSE:TMAS)(OTCQB:TMASF)(FRA:26P0) is a technology-driven critical minerals company advancing a dual-business model built around proprietary processing innovation and strategic mineral ownership. The Company's patented Regenerative Chloride Leach (RCL) technology platform delivers significant operational cost reductions - validated at up to 65% lower than traditional processing - while dramatically reducing energy use and environmental impact.

Temas' RCL process is the foundation of its technology licensing and partnership business, enabling global mining and materials companies to adopt sustainable, high-margin metal extraction methods across a range of critical minerals including titanium, vanadium, nickel, and rare earth elements.


Complementing its technology division, Temas also owns 100% of two advanced titanium-vanadium-iron projects in Québec, Canada - La Blache and Lac Brûlé - which are strategically positioned to feed directly into the Company's proprietary processing platform, creating a fully integrated mine-to-market supply chain for Western metals.

Through this combination of innovative IP commercialization and resource ownership, Temas Resources is positioned to deliver scalable, low-carbon solutions that strengthen Western critical-mineral independence and create long-term value for shareholders.

Cautionary Note Regarding Forward-Looking Statements

Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements.

SOURCE: Temas Resources Corp.

View the original press release on ACCESS Newswire

FAQ

What reporting changes did Temas (TMASF) announce on March 30, 2026?

Temas will move to semi-annual reporting and skip interim reports for Q1 and Q3 2026. According to the company, it will still file audited annual statements within 120 days of year-end and six-month interim reports within 60 days of June 30.

Will Temas (TMASF) still file annual financial statements after adopting SAR?

Yes. Temas will continue to file audited annual financial statements within 120 days of December 31. According to the company, the SAR change only exempts certain interim filings, not the annual audit and reporting obligations.

Which interim reports is Temas (TMASF) exempt from under the SAR pilot in 2026?

Temas is exempt from filing interim reports and MD&A for Q1 ending March 31, 2026 and Q3 ending September 30, 2026. According to the company, those two interim filings will not be required under Coordinated Blanket Order 51-933.

How did Temas (TMASF) confirm it qualifies for semi-annual reporting?

The company said it meets the pilot eligibility criteria, including annual revenues of less than $10 million and a clean 12-month continuous disclosure record. According to the company, these conditions satisfy Coordinated Blanket Order 51-933 requirements.

What are the practical effects for investors after Temas (TMASF) adopts semi-annual reporting?

Investors will receive formal financial statements semi-annually rather than quarterly, with annual audited reports still filed within 120 days. According to the company, six-month interim reports will be available within 60 days of June 30.