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TEMPUS RESOURCES LTD - TMRFF STOCK NEWS

Welcome to our dedicated page for TEMPUS RESOURCES news (Ticker: TMRFF), a resource for investors and traders seeking the latest updates and insights on TEMPUS RESOURCES stock.

Tempus Resources Ltd is a growth-oriented gold exploration company listed on ASX (TMR), TSX.V (TMRR), and OTC (TMRFF) stock exchanges. The company is actively exploring projects in Canada and Ecuador. The flagship project is the Blackdome-Elizabeth Project, a high-grade gold past-producing project in Southern British Columbia. Additionally, Tempus holds exploration projects in South East Ecuador, including the Rio Zarza and Valle del Tigre projects.

The company recently announced its intention to undertake an underwritten non-renounceable entitlement offer to raise funds for new acquisitions, value realization from existing assets, and working capital. Tempus has engaged RM Capital as the lead manager for the Rights Issue. Melanie Ross has agreed to subscribe to their full entitlement under the Rights Issue.

Tempus Resources Ltd has filed a technical report titled 'NI 43-101 Technical Report with an Updated Mineral Resource Estimate - Elizabeth Gold Project' on SEDAR+, detailing an updated resource estimate at the Elizabeth Gold Project in Canada.

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Tempus Resources Ltd has decided not to exercise the option to acquire Aurora Lithium. The company conducted due diligence and terminated the Heads of Agreement. Additionally, Tempus plans to voluntarily delist from the TSX Venture Exchange and reduce its board size. The company will also place its Ecuador projects on care and maintenance status and seek to dispose of them. Resolutions related to incentive options and performance rights will be rescinded at the Annual General Meeting.
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Tempus Resources Ltd has extended the expiry date of the option to acquire Aurora Lithium until November 6, 2023. The extension is necessary for Tempus to finalize due diligence on the opportunity.
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Tempus Resources Ltd announces the results from its Mineral Resource estimate at its Elizabeth Gold Project. The estimate includes 60,900 ounces of gold indicated and 35,200 ounces of gold inferred. The average gold grade of the indicated resources is 4 times higher than the cut-off grade, demonstrating potential for future economic extraction. The resource estimate is based on potential underground extraction and was completed by SRK Consulting.
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Tempus Resources Ltd has closed its non-brokered private placement, raising approximately CDN$621,691 (A$714,945) through the issuance of 31,084,560 fully paid ordinary shares at a price of CDN$0.02 (A$0.023) per share. The proceeds will be used for exploration, resource confirmation, and general working capital purposes.
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Tempus Resources Ltd reports on recent site visits to White Rabbit and Cormorant lithium exploration projects in central Manitoba. Confirmation of pegmatites and new occurrences at White Rabbit, awaiting assay results. Pegmatite mineralization observed at Cormorant. More extensive site visits planned.
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Tempus Resources Ltd receives firm commitments for non-brokered private placement, raising approximately A$740,000
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Tempus Resources Ltd. has executed a binding Heads of Agreement to acquire 100% ownership of Aurora Lithium, which holds mineral claims including the Cormorant Project and the White Rabbit Project in central Manitoba. The projects are located in a newly emerging lithium district and have attracted other companies. Tempus plans to explore these projects concurrently with the Elizabeth-Blackdome gold project. The option agreement is subject to due diligence and shareholder and regulatory approvals.
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Tempus Resources Ltd. announces assay results from rock sampling program at Elizabeth Gold Project, highlighting potential for new gold vein mineralization areas. Assay grades of up to 5.9g/t gold found in rock chip samples. Results expected to increase mineralization footprint. Updated resource estimate for Elizabeth Project to be received in October.
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FAQ

What is the current stock price of TEMPUS RESOURCES (TMRFF)?

The current stock price of TEMPUS RESOURCES (TMRFF) is $0.02 as of June 13, 2024.

What is the market cap of TEMPUS RESOURCES (TMRFF)?

The market cap of TEMPUS RESOURCES (TMRFF) is approximately 20.6M.

What is the main focus of Tempus Resources Ltd?

Tempus Resources Ltd is primarily focused on gold exploration projects in Canada and Ecuador, with the Blackdome-Elizabeth Project being their flagship project.

What recent fundraising activity has Tempus Resources Ltd undertaken?

Tempus Resources Ltd recently announced an underwritten non-renounceable entitlement offer to raise funds for new acquisitions, asset value realization, and working capital.

Who is leading the underwritten entitlement offer for Tempus Resources Ltd?

RM Capital Pty Ltd (AFSL 221938) is fully underwriting the Rights Issue for Tempus Resources Ltd, and they are also acting as the lead manager for the offer.

Which projects does Tempus Resources Ltd hold in South East Ecuador?

Tempus Resources Ltd holds two exploration projects in South East Ecuador, namely the Rio Zarza and Valle del Tigre projects, in addition to the Blackdome-Elizabeth Project in Canada.

Who prepared the recent technical report filed by Tempus Resources Ltd?

The technical report titled 'NI 43-101 Technical Report with an Updated Mineral Resource Estimate - Elizabeth Gold Project' was prepared by independent consultants SRK (Canada) Ltd on behalf of Tempus Resources Ltd.

TEMPUS RESOURCES LTD

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907.68M
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