Multiple insider buying at Temas Resources (TMAS)

Multiple insider buying at Temas Resources (C:TMAS)

Samuel Kyler Hardy, a Director, acquired 1,353,690 Common Shares on an indirect ownership basis for registered holder Cronin Capital Corp, 500,000 Common Shares on an indirect ownership basis for registered holder Cronin Services Ltd at a price of $0.200 through a prospectus or prospectus exempt offering on April 5th, 2024. The insider also acquired 676,845 Warrants on an indirect ownership basis for registered holder Cronin Capital Corp and 250,000 Warrants on an indirect ownership basis for registered holder Cronin Services Ltd with an exercise price of $0.400 for two years. This represents a $370,738 investment into the company's shares and an account share holdings change of greater than 100%.

Cyril Fernback, a Senior Officer and Director, acquired 500,000 Common Shares on a direct ownership basis and 500,000 Common Shares on an indirect ownership basis for registered holder TCF Ventures Corp. The insider also acquired 250,000 Warrants on a direct ownership basis and 250,000 Warrants on an indirect ownership basis for registered holder TCF Ventures Corp. This represents a $200,000 investment into the company's shares and an account share holdings change of greater than 100%.

David Robinson, a Director, also participated in a smaller amount.

Temas Resources is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

Temas Resources Corp. is a Canada-based company, which is engaged in the acquisition, development and exploration of mineral properties. The Company is focused on the advanced La Blache and Lac Brule Iron-Titanium-Vanadium projects in Quebec. The Company's projects include La Blache Fe-Ti-V Project and Lac Brule Ti-Fe-V Project. The La Blache Fe-Ti-V Project is comprised of approximately 175 claims and covers 9466.97 hectares. The La Blache Project is located approximately 100 kilometers (km) north of the community of Baie-Comeau, Quebec. The Lac Brule Ti-Fe-V Project is comprised of approximately 36 claims, covering 2,016 hectares within the Labrieville Anorthsosite Complex. The Lac Brule Ti-Fe-V Project is located 64 km by road accessible from Labrieville. The Company applies its green mineral recovery technologies across its mining portfolio to reduce the environmental impact and carbon footprint of metal extraction through advanced processing and patented leaching technologies. Temas Resources Corp. (TMAS) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to recent regulatory filings, three insiders have invested a total amount of $670,738.