Temas Resources Announces Non-Brokered Private Placement of $1,500,000

VANCOUVER, BC / ACCESS Newswire / April 15, 2026 / Temas Resources Corp. ("Temas" or the "Company") (CSE:TMAS)(OTCQB:TMASF)(ASX:TIO) is pleased to announce that it is proceeding on a non-brokered private placement for gross proceeds of CDN $1.5M, consisting of flow-through shares of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (each, a "FT Share") at a price of CDN $0.18 per FT Share (the "Offering"). The gross proceeds from the FT Shares will be used by the Company to incur eligible "Canadian exploration expenses" that qualify as "flow-through critical mineral mining expenditures" as such terms are defined in the Income Tax Act (Canada) (the "Qualifying Expenditures") related to the Company's exploration programs on its the La Blache and Lac Brule titanium projects in Quebec Canada, on or before December 31, 2027.
Open original source