Temas Resources Acquires 100% Of The High-Grade Lac Brule Fe-Ti-V Project
Sep 13, 2021•about 4 years ago
Acquiring Company
Temas Resources
Acquired Company
Lac Brule Fe-Ti-V Project
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.
M&A Insights
Based on deal dataIntegration 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
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