Temas Resources (OTCQB:TMASF) announced a non-brokered flow-through private placement of 1.7M common shares at a price of C$0.30 per share for total gross proceeds of C$510,000.
The proceeds of the financing will be used to advance exploration programs at its North American La Blache and Lac Brule titanium projects in Quebec, Canada, including the further development of Temas metallurgical intellectual property assets.