Temas Resources Corp. Engages Kobi Ben-Shabat as Advisor
Rhea-AI Summary
Temas Resources Corp. (OTCQB:TMASF) has announced the appointment of Kobi Ben-Shabat as Company Advisor. Mr. Ben-Shabat, an experienced corporate strategist with over two decades of experience, will assist in developing the company's metallurgical IP strategy and support its global capital markets initiatives.
The company also reported the successful completion of its Annual General & Special Meeting on June 26, 2025, where shareholders approved all presented matters with over 99% approval, including the authorization for an Initial Public Offering on the ASX with financing up to AUD$15,000,000.
Temas Resources owns advanced green mineral processing technologies and two mineral properties in Quebec, including the La Blache VTM/ilmenite project with 208.5Mt inferred @ 16.7% TiO2 Eq resource. The company's Preliminary Economic Assessment for the Farrell-Taylor deposit shows a C$6.6 billion NPV8 post tax and 60.8% IRR over a 14-year mine life.
AI-generated analysis. Not financial advice.
Positive
- Appointment of experienced advisor Kobi Ben-Shabat with track record in scaling deep technology ventures and IPO/RTO/M&A transactions
- Shareholder approval for ASX IPO with potential financing up to AUD$15,000,000
- Strong PEA results showing C$6.6 billion NPV8 post tax and 60.8% IRR for Farrell-Taylor deposit
- 100% ownership of mineral rights to two titanium-bearing properties in Quebec
- Proprietary green mineral processing technologies with potential for licensing revenue
Negative
- None.
News Market Reaction – TMASF
On the day this news was published, TMASF gained 1.52%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
VANCOUVER, BC / ACCESS Newswire / June 30, 2025 / Temas Resources Corp. ("Temas" or the "Company") (CSE:TMAS)(OTCQB:TMASF) is pleased to announce it has engaged Mr.Kobi Ben-Shabat, an accomplished company director, entrepreneur, and corporate strategist, as a Company Advisor. Mr. Ben-Shabat will leverage his extensive experience to assist the Company in developing its overall metallurgical IP strategy and other technologies, as well as support the Company's global capital markets strategy.
"We are incredibly pleased to welcome Kobi Ben-Shabat to our team in this critical consulting capacity," said Tim Fernback, Chief Executive Officer of the Company. "Kobi's unparalleled track record in scaling deep technology ventures, delivering strong shareholder returns, and successfully navigating over 10 companies through IPO, RTO, and M&A transactions aligns perfectly with our strategic ambitions. His expertise in commercializing complex research into high-growth, IP-rich ventures will be invaluable as we continue to innovate and explore new business opportunities globally."
With over two decades of experience, he brings deep operational experience as both a founder and director, having served on the boards of ASX-listed companies including Weebit Nano (ASX:WBT) and UltraCharge (ASX:UTR, now Green360 Technologies, ASX:GT3). His history of hands-on leadership, often involving co-founding and early investment in ventures, underscores his commitment to long-term strategic outcomes and shareholder alignment. Notable ventures he has helped build or guide to exit include Dotz Nano (ASX:DTZ), Splitt (ASX:SPT), and was a founding shareholder and leader behind MTM Critical Metals (ASX:MTM). He also successfully exited Open Platform Systems through a strategic sale to Hills Limited in 2014.
Mr. Ben-Shabat holds an MBA in Marketing and Information Technology from The University of Manchester, and a Bachelor of Business Administration from Ruppin Academic Center.
The Company is also pleased to announce the results of the Annual General & Special Meeting, which was held on June 26, 2025. All matters presented to the shareholders for approval were approved, with more than
About Temas Resources
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 also 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.
Additionally, the Company owns
All public filings for the Company can be found on the SEDAR+ website www.sedarplus.ca. For more information about the Company, please visit www.temasresources.com.
For further information or investor relations inquiries:
Tim Fernback
President and CEO
tfernback@shaw.ca
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 release.
Cautionary Statement Regarding Forward-Looking Statements
This news release includes certain "forward-looking statements" under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
SOURCE: Temas Resources Corp.
View the original press release on ACCESS Newswire