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Temas Resources Announces C$500,000 Fundraising through Private Placements

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Temas Resources Announces C$500,000 Fundraising through Private Placements

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Temas Resources ( (TSE:TMAS) ) just unveiled an update.

Temas Resources Corp. announced plans to raise up to C$500,000 through non-brokered private placements, involving the sale of up to 6,666,666 units at C$0.075 per unit. The offering includes a LIFE Offering and a Concurrent Offering, with proceeds intended for general working capital and marketing. This strategic move aims to strengthen Temas Resources’ financial position and support its operational and marketing efforts, potentially enhancing its market presence.

More about Temas Resources

Temas Resources Corp. operates in the resource industry, focusing on the exploration and development of mineral properties. The company is listed on multiple exchanges, including the Canadian Securities Exchange, OTCQB, and Frankfurt Stock Exchange.

YTD Price Performance: 36.00%

Average Trading Volume: 19,490

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.76M

For detailed information about TMAS stock, go to TipRanks’ Stock Analysis page.

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