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Temas Resources Finalizes Oversubscribed Funding Round

Temas Resources Finalizes Oversubscribed Funding Round

Temas Resources Corp. (TSE:TMAS) has released an update.

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Temas Resources Corp. has successfully completed the second and final tranche of its oversubscribed private placement, raising a total of $531,000 through the issuance of over 2.6 million units at $0.20 each. The proceeds are intended for advancing the company’s exploration programs and general corporate purposes. This final tranche, along with the first, has resulted in raising approximately 15% more funds than the original offering, with significant participation from company directors.

For further insights into TSE:TMAS stock, check out TipRanks’ Stock Analysis page.

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