STOCK TITAN

Temas Announces Engagement Of PAC Partners Securities Pty Ltd & Proposed Australian Stock Exchange Listing

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags

Temas Resources Corp (CSE:TMAS, OTCQB:TMASF) has engaged PAC Partners Securities for a proposed listing on the Australian Stock Exchange (ASX) along with a concurrent capital raise of A$6-15 million. The financing will support the advancement of the La Blache Titanium Dioxide Exploration Project, which has a C$6.6 billion NPV and 60.8% IRR over a 14-year mine life.

The agreement includes compensation terms such as a 6% management fee on gross proceeds and advisor facilitation shares ranging from 2.25-4.5 million shares based on funds raised. PAC Partners will also provide corporate advisory services at A$5000 monthly for the first year post-listing, payable in shares.

The La Blache project currently has an inferred resource of 208.5Mt at 16.7% TiO2 Eq. The ASX listing aims to provide Temas with enhanced access to capital, improved market profile, and increased institutional ownership in Australia's well-developed resources sector.

Temas Resources Corp (CSE:TMAS, OTCQB:TMASF) ha incaricato PAC Partners Securities per una proposta di quotazione sulla Borsa Australiana (ASX), insieme a una raccolta di capitali compresa tra 6 e 15 milioni di dollari australiani. Il finanziamento supporterà l'avanzamento del Progetto di Esplorazione del Diossido di Titanio La Blache, che ha un NPV di 6,6 miliardi di dollari canadesi e un IRR del 60,8% su una vita mineraria di 14 anni.

L'accordo include termini di compenso come una commissione di gestione del 6% sui proventi lordi e azioni di facilitazione per consulenti che vanno da 2,25 a 4,5 milioni di azioni in base ai fondi raccolti. PAC Partners fornirà anche servizi di consulenza aziendale a 5000 dollari australiani al mese per il primo anno dopo la quotazione, pagabili in azioni.

Il progetto La Blache attualmente ha una risorsa inferita di 208,5 milioni di tonnellate con un contenuto equivalente di TiO2 del 16,7%. La quotazione ASX mira a fornire a Temas un accesso migliorato al capitale, un profilo di mercato migliorato e un aumento della proprietà istituzionale nel ben sviluppato settore delle risorse in Australia.

Temas Resources Corp (CSE:TMAS, OTCQB:TMASF) ha contratado a PAC Partners Securities para una propuesta de cotización en la Bolsa de Valores de Australia (ASX), junto con una recaudación de capital de entre 6 y 15 millones de dólares australianos. La financiación apoyará el avance del Proyecto de Exploración de Dióxido de Titanio La Blache, que tiene un NPV de 6.6 mil millones de dólares canadienses y un IRR del 60.8% a lo largo de una vida minera de 14 años.

El acuerdo incluye términos de compensación como una tarifa de gestión del 6% sobre los ingresos brutos y acciones de facilitación para asesores que van de 2.25 a 4.5 millones de acciones según los fondos recaudados. PAC Partners también proporcionará servicios de asesoría corporativa a 5000 dólares australianos mensuales durante el primer año posterior a la cotización, pagaderos en acciones.

El proyecto La Blache actualmente tiene un recurso inferido de 208.5 Mt con un contenido equivalente de TiO2 del 16.7%. La cotización en la ASX tiene como objetivo proporcionar a Temas un acceso mejorado al capital, un perfil de mercado mejorado y un aumento de la propiedad institucional en el bien desarrollado sector de recursos de Australia.

Temas Resources Corp (CSE:TMAS, OTCQB:TMASF)는 호주 증권 거래소 (ASX)에 상장하기 위해 PAC Partners Securities를 고용했으며, 동시에 600만에서 1500만 호주 달러의 자본 조달을 계획하고 있습니다. 이 자금은 라 블라슈 이산화티탄 탐사 프로젝트의 발전을 지원할 것이며, 이 프로젝트는 66억 캐나다 달러의 NPV와 60.8%의 IRR을 가지고 있습니다. 광산 수명은 14년입니다.

계약에는 총 수익의 6% 관리 수수료와 조달된 자금에 따라 225만에서 450만 주의 자문 주식이 포함되어 있습니다. PAC Partners는 또한 상장 후 첫 해 동안 월 5000 호주 달러의 기업 자문 서비스를 제공하며, 이는 주식으로 지급됩니다.

라 블라슈 프로젝트는 현재 16.7% TiO2 등가로 2억 8천5백만 톤의 추정 자원을 보유하고 있습니다. ASX 상장은 Temas에 자본 접근 개선, 시장 프로필 향상 및 호주의 잘 발달된 자원 부문에서의 기관 소유 증가를 제공하는 것을 목표로 하고 있습니다.

Temas Resources Corp (CSE:TMAS, OTCQB:TMASF) a engagé PAC Partners Securities pour une proposition de cotation sur la Bourse Australienne (ASX), ainsi qu'une levée de fonds simultanée de 6 à 15 millions de dollars australiens. Le financement soutiendra l'avancement du Projet d'Exploration de Dioxide de Titane La Blache, qui a une VAN de 6,6 milliards de dollars canadiens et un TRI de 60,8 % sur une durée de vie minière de 14 ans.

L'accord comprend des conditions de rémunération telles qu'une commission de gestion de 6 % sur les produits bruts et des actions de facilitation pour les conseillers allant de 2,25 à 4,5 millions d'actions en fonction des fonds levés. PAC Partners fournira également des services de conseil aux entreprises à 5000 dollars australiens par mois pendant la première année suivant la cotation, payables en actions.

Le projet La Blache dispose actuellement d'une ressource inférée de 208,5 millions de tonnes avec un équivalent de TiO2 de 16,7 %. La cotation à l'ASX vise à offrir à Temas un accès amélioré au capital, un meilleur profil de marché et une augmentation de la propriété institutionnelle dans le secteur des ressources bien développé en Australie.

Temas Resources Corp (CSE:TMAS, OTCQB:TMASF) hat PAC Partners Securities für eine vorgeschlagene Notierung an der Australian Stock Exchange (ASX) beauftragt, zusammen mit einer gleichzeitigen Kapitalerhöhung von 6 bis 15 Millionen AUD. Die Finanzierung wird den Fortschritt des La Blache Titandioxid-Erkundungsprojekts unterstützen, das einen NPV von 6,6 Milliarden CAD und eine IRR von 60,8% über eine Lebensdauer von 14 Jahren aufweist.

Die Vereinbarung umfasst Vergütungskonditionen wie eine Verwaltungsgebühr von 6% auf die Bruttoeinnahmen und Berateraktien im Umfang von 2,25 bis 4,5 Millionen Aktien, abhängig von den gesammelten Mitteln. PAC Partners wird auch Unternehmensberatungsdienste für 5000 AUD pro Monat im ersten Jahr nach der Notierung bereitstellen, zahlbar in Aktien.

Das La Blache-Projekt verfügt derzeit über eine geschätzte Ressource von 208,5 Millionen Tonnen mit einem TiO2-Äquivalentgehalt von 16,7%. Die ASX-Notierung zielt darauf ab, Temas einen verbesserten Zugang zu Kapital, ein verbessertes Marktprofil und eine erhöhte institutionelle Beteiligung im gut entwickelten Rohstoffsektor Australiens zu bieten.

Positive
  • La Blache project demonstrates strong economics with C$6.6B NPV and 60.8% IRR
  • Substantial resource base of 208.5Mt at 16.7% TiO2 Eq
  • Access to Australian capital markets could improve funding availability
  • Partnership with established Australian investment bank PAC Partners
Negative
  • Significant share dilution through advisor compensation shares
  • Monthly advisory fees adding to ongoing expenses
  • Capital raise and listing subject to regulatory approval
  • Additional shares to be issued for advisory services payment

VANCOUVER, BC / ACCESS Newswire / March 31, 2025 / Temas Resources Corp. ("Temas" or the "Company")(CSE:TMAS)(OTCQB:TMASF)(FSE:26P0) is pleased to announce that it has engaged PAC Partners Securities Pty Ltd. ("PAC Partners") of Melbourne, Australia for a proposed financing and listing of its common shares (the "Listing") on the Australian Stock Exchange (the "ASX"). In association with the Listing, Temas will seek to complete a concurrent capital raise, on a reasonable efforts basis, of at least A$6,000,000 and up to A$15,000,000 (the "Concurrent Financing") with PAC Partners as the lead manager. This Listing and Concurrent Financing will allow the Company to advance the C$6.6 billion NPV La Blache Titanium Dioxide Exploration Project along with further development the Company's suite of unique mineral processing technologies and intellectual property.

PAC Partners is a research led wholesale capital markets provider focused on leading small, emerging and mid cap ASX companies - specialising in the resources, energy, life sciences and technology sectors. PAC Partners have successfully and actively managed equity capital raisings in the hundreds of millions of dollars over the last number of years both via secondary private placements as well as IPOs on the ASX. PAC Partners has led the successful IPO of several mining-tech companies with downstream capabilities some of which include successful companies such as Titomic Limited (ASX:TTT) and Amaero International Ltd (ASX:3DA). Other recent engagements include Mithril Silver and Gold Limited (as Joint Lead Manager) for a $12.5M placement, Select Harvests Ltd (as Co-Manager) for a $80M placement, EQ Resources Limited Financing (as Lead Manager) for a $9.5M placement, Minbos Resources Limited (as a Joint Lead Manager) for a $6.1M placement, Arizona Lithium Limited (as Joint Lead Manager) for a $16.5M placement.

PAC Partners will act as lead manager of the Listing and Concurrent Financing. Upon the successful ASX Listing, PAC Partners will provide additional advisory services to Temas on an annual basis. The engagement of PAC Partners is subject to regulatory approval.

Mr. Kyler Hardy, Temas Executive Chairman and Director comments: "I am extremely excited to work with PAC Partners on this significant undertaking, given that they are considered to be one of Australia's leading investment banking firms. Our shareholders will greatly benefit from their many years of experience and track record on the ASX. The Temas management team considers PAC Partners to be an ideal banking partner to unlock the value created from the Company's La Blache Titanium Dioxide Mineral Exploration Project, the very promising Lac Brule Titanium Dioxide Mineral Exploration Project, and the Intellectual Property value associated with our suite of processing technologies".

The A$6.0 million to A$15.0 million financing and ASX Listing agreement with PAC Partners is subject to stock exchange and regulatory approval, as well as the following agreed upon compensation terms which include:

Selling Fees:

  • 6.0% Management Fee on the gross proceeds raised under the Concurrent Financing

Advisor Facilitation Shares:

  • Upon successful completion of the ASX Listing and Concurrent Financing, Temas shall issue PAC Partners or its nominees 2.25 million fully paid ordinary shares in the capital of Temas upon $6m being raised and for each A$1,000,000 raised above A$6,000,000 and up to A$15,000,000 another 250,000 fully paid ordinary shares in the capital of Temas up to a maximum of 4.5 million fully paid ordinary shares in the capital of Temas being issued to PAC Partners or its nominees. Each share will be issued for a nominal consideration price of A$0.001 per share.

Corporate Advisory Services:

  • A$5000 per month for the first 12 months post-Listing on ASX. This fee will be paid in Temas shares at the Concurrent Financing price and will be issued to PAC or its nominee 50% in advance and 50% in arrears every three (3) months. After 12 months, Temas can elect to continue this engagement.

Craig Stranger, Managing Director of PAC Partners commented: "We are excited about partnering with Temas to bring them to the Australian capital market. Our clients are asking us constantly for access to investment opportunities in the defense metals sectors and even more so for such opportunities with processing technology integrated. We look forward to a timely and highly successful completion of Temas' Listing on the ASX and our firm continuing to support Temas in its development of the La Blache Titanium Project and the commercialization of its processing technology".

Mr. Tim Fernback, Temas President & CEO, states: "Listing a mining company on the ASX (Australian Securities Exchange) offers quite a few new benefits to Temas shareholders like access to capital, enhanced capital markets profile, and increased institutional ownership. The ASX resources sector is the largest by number of listings and that brings a sophisticated Australian and global institutional and retail investor base that can provide added capital and liquidity. The Australian capital markets ecosystem for resources is deep and well developed, and PAC Partners offers strong research coverage and global capital support."

The Company also announce that it has issued 1,400,000 stock options to directors, officers and consultants of the Company to purchase up to 1,400,000 common shares in the capital of the Company. Of the stock options granted, 100,000 are exercisable for a period of three years from the date of grant and the balance are exercisable for a period of five years from the date of grant. All stock options granted will vest immediately. The options have an exercise price of $0.08.

Qualified Person

The scientific and technical information disclosed herein has been reviewed and approved by Ryan Versloot, P.Geo, who is an independent consulting geologist to the Company and a "Qualified Person" as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

On behalf of the Board of Directors,

Tim Fernback, President & CEO

About PAC Partners Securities Pty Ltd.

PAC Partners is an independently owned boutique provider of capital and equities research, with offices in Melbourne, Sydney and Perth. PAC Partners focus is on campaigning select emerging companies via a team approach, from equities research, corporate broking, and finance, and equities sales (both high net worth and institutional). Its institutional sales team comprises seven senior advisors with an average of 20 years experience who service institutional and high net worth investors from across Australia and the broader Asia Pacific region. Since inception, PAC Partners has raised over $1 billion for over 200 Australian companies, having also led over 20 IPOs in this period. Whilst PAC Partners started 11 years ago, a number of the team have worked together for over 20 years. PAC Partners' equity capital markets (ECM) and M&A advisory teams service a broad number of domestic and international clients. Over the last decade, the ECM team has regularly ranked as a leader in capital raisings for small and mid-cap emerging companies. PAC Partners co-founders, Paul Jensz and Craig Stranger, lead a team of respected analysts, who are embedded in their industries through strong interactions with unlisted leaders, listed management and investors. PAC Partners produces institutional grade coverage for more than 80 companies and are the go-to emerging broker for resources, energy, technology, life sciences and agribusiness.

About Temas Resources

Temas Resources Corp. (CSE:TMAS)(OTCQB:TMASF) is advancing the 208.5Mt inferred @ 16.7% TiO2 Eq La Blache Titanium project in Quebec. La Blache has a current Preliminary Economic Assessment (the "PEA") showing C$6.6Bn NPV8 post tax, 60.8% IRR over a 14-year mine life. The critical metals the Company is exploring for are key to our national mineral independence. Additionally, the Company owns a suite of advanced green mineral processing technologies which it is applying to its projects. The suite of technologies reduces the environmental impact and carbon footprint of metal extraction through advanced processing and patented leaching technologies.

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
timf@temasresources.com
Tel: (604) 340-3774

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 news release includes certain "forward-looking statements" under applicable Canadian securities legislation, including, without limitation, statements regarding the terms of the engagement of PAC Partners, the Concurrent Financing and Listing of the common shares on the ASX. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Temas, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: risks that the engagement with PAC Partners would no materialize, listing may not be completed, risks related to share price and market conditions, the inherent risks involved in the mining, exploration and development of mineral properties, the uncertainties involved in interpreting results and other geological data, fluctuating metal prices, the possibility of project delays or cost overruns or unanticipated excessive operating costs and expenses, uncertainties related to the necessity of financing, uncertainties relating to regulatory procedure and timing for permitting submissions and reviews, the availability of and costs of financing needed in the future as well as those factors disclosed in the Company's most recent MD&A dated November 6, 2024 and other filings made by the Company with the Canadian securities regulatory authorities (which may be viewed at www.sedarplus.ca). Readers should not place undue reliance on forward-looking statements. Temas undertakes no obligation to update publicly or otherwise revise any forward-looking statements contained herein whether as a result of new information or future events or otherwise, except as may be required by law.

SOURCE: Temas Resources Corp.



View the original press release on ACCESS Newswire

FAQ

What is the size of the capital raise planned by TMASF for its ASX listing?

Temas (TMASF) plans to raise between A$6 million to A$15 million through a concurrent financing with its ASX listing.

What are the key metrics of TMASF's La Blache Titanium Project?

La Blache has a C$6.6 billion NPV (8% post-tax), 60.8% IRR, 14-year mine life, and an inferred resource of 208.5Mt at 16.7% TiO2 Eq.

What compensation will PAC Partners receive for the TMASF listing?

PAC Partners will receive a 6% management fee, 2.25-4.5 million shares based on funds raised, and A$5000 monthly in shares for advisory services.

When is TMASF expected to complete its ASX listing?

The press release does not specify an exact timeline for the ASX listing, as it remains subject to regulatory and stock exchange approval.
Temas Resources

OTC:TMASF

TMASF Rankings

TMASF Latest News

TMASF Stock Data

1.60M
25.02M
20.6%
Other Industrial Metals & Mining
Basic Materials
Link
Canada
Vancouver