logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Temas Resources Acquires 100% Of The High-Grade Lac Brule Fe-Ti-V Project

Sep 13, 2021about 4 years ago

Acquiring Company

Temas Resources

Acquired Company

Lac Brule Fe-Ti-V Project

VancouverMining

Description

Temas Resources Corp. (CSE: TMAS, OTCQB: TMASF, FSE: 26P) (the “Company” or “Temas Resources”), is pleased to announce that it has completed the acquisition of 36 mineral claims in Quebec, the Lac Brule property; 35 claims by staking, and by purchasing one claim. Total cost for staking and acquisition was less than $50,000 in cash and shares.

Company Information

Company

Temas Resources

Location

Vancouver, British Columbia, Canada

About

Temas Resources Corp. (CSE: TMAS) (OTCQB: TMASF) is focused on the advancement of mineral independence and processes by which mineral products (nickel, iron, copper, gold, ilmenite and other sulphide and oxide mineral ores and concentrates) are processed and recovered using sustainable hydrometallurgical technologies. The Company invests in and works to apply its green technologies across its mining portfolio to reduce the environmental impact and carbon footprint of metal extraction through advanced processing and patented leaching technologies. The Company is advancing Iron-Titanium-Vanadium projects in Quebec and has recently published results from a preliminary economic assessment on the Piskanja Boron Project in Serbia.

Related People

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed