How One Company is Attempting to Change the Exploration and Discovery of Key Minerals For a Better, Greener World
June 8, 2021
Temas Resources Group (CSE: TMAS) (OTCQB:TMASF) is a Canadian mineral exploration company committed to environmentally friendly practices, focused on Iron, Titanium, and Vanadium. Their main plots are located in mining-friendly Quebec, in the Grenville Geological Province, home to the largest bedrock ilmenite deposit in the world.
Temas Resources Acquires 50% of Green Mineral Process Developer ORF Technologies Inc.
ORF Technologies has a portfolio of patents related to mineral extraction, targeting specialty, strategic and rare earth metals producers.
TiO2 technology developed by ORF proved to be 144.8% more cost-efficient than conventional processes. Company anticipates comparable cost efficiencies in the production of nickel, iron, gold, rare earth metals and many more. The ORF technology suite is capable of supporting Temas’ internal La Blache projects as well as unrelated third-party mining projects.
More environmentally friendly and offers a significant reduction in carbon footprint when compared to conventional processing methods.
ORF provides a suite of technologies which will complement and work alongside the licensing agreement with Metaleach™.
Temas Resources Corp. (CSE: TMAS, OTCQB: TMASF, FSE: 26P) (the “Company” or “Temas Resources”), is pleased to announce that it has finalized its 50% acquisition of ORF Technologies Inc (“ORF”). ORF has developed several patented, innovative leaching and solvent extraction processes. With the ORF transaction, in conjunction with MetaLeach™, Temas believes that these combined technologies will make a difference in helping to alleviate the significant environmental impact that results from present-day mineral processing.
Pursuant to the Acquisition, Temas acquired 50% of the outstanding shares of ORF in exchange for a cash payment of $600,000. On closing, the parties entered into a shareholders’ agreement governing their rights and obligations going forward, including development and dividend policies, and pre-emptive rights to existing shareholders to acquire positions of other existing shareholders. With the 50% acquisition of ORF, Temas’ objectives are to achieve and provide the lowest cost processing alternative for specialty, strategic and rare earth metals producers.
COST-EFFICIENCIES: TiO2 technology developed by ORF proved to be 144.8% more cost-efficient than conventional processes. Company anticipates comparable cost efficiencies in the production of nickel, iron, gold, rare earth metals and many more.
MORE ENVIRONMENTALLY FRIENDLY: The Recovery Technologies offer a significant reduction in carbon footprint when compared to conventional processing methods.
COMPLEMENTARY ACQUISITIONS: ORF provides a suite of technologies which will complement and work alongside the licensing agreement with Metaleach™. The ORF technology suite is also capable of supporting Temas Resources’ internal La Blache projects as well as unrelated third-party mining projects.
We believe this suite of proprietary technologies are immediately employable and will be integral to the economic delivery of products well into the future. There is a company making opportunity especially when considering the high importance and future demand of the ‘Energy and Battery’ metals needs. The objective is to achieve this from the commercialisation of the proprietary & patented hydrometallurgical metals processing technologies (“Leaching Technologies”).
“We are confident that the ORF IP library of technologies will position Temas as a clear leader in providing the specialty, strategic and rare earth metals industries with a lower cost, environmentally friendly mineral processing solution for their producing mines,” said Michael Dehn, CEO of Temas Resources.
He added that, “Temas is in active discussions with strategic partners that are pursuing a greener and more cost-effective means of processing their mining assets. With our nickel leaching options from MetaLeach™ and ORF, as well as taking into consideration the current market demand for nickel, we expect to have a busy year in just this one commodity, not including all the other opportunities we are seeing in the market.”
The Company structured the acquisition to ensure the existing principals responsible for the development of the technologies at ORF would have a significant vested in-terest in the ongoing commercial success of the technologies. ORF was established as a holding company for the intellectual property developed by Process Research Ortech (“PRO”), a company established in 1990 during the privatization of the Ontario Research Foundation’s (“ONT”) metallurgical testing facilities. ONT was created as an independent corporation by a provincial Act in 1928.
The Leaching Technologies have the potential to revolutionize the extraction processes and methods for many base metal deposits. The reduction in capital costs, operating costs, as well as improvement in recoveries and purity can potentially be possible with leaching technologies. These technologies are capable of producing high value metal product on-site and greatly enhance the mine gate economics compared to conventional concentrators. In addition, in many cases, the technologies will enable the treatment of base metals deposits which hitherto have not been possible to treat. The technologies are especially suitable for high-acid-consuming carbonate (oxide) hosted ores.
The merits of the Leaching Technologies and commercial adoption success are based on the potential for major operating and capital cost savings (expected to be a minimum 30-40% vs current technologies). This would be suitable and amenable for mines using the Leaching Technologies as the principal mineral processing method, to produce base metals or high value product, at the mine site.
In addition, these Leaching Technologies offer other significant operational and environmental benefits. This includes more environmentally friendly leaching technologies and a reduction in carbon footprint when compared to conventional processing methods. The base metals of most commercial importance are essential for supplying the raw materials for the electric vehicle revolution, energy generation and storage technologies allied with ESG (Environmental and Social Governance) policies.
La Blache and DAB projects tie in to ORF’s TiO2 technology – More Cost Effective
The ORF TiO2 technology is estimated to be 59.2% lower on a production cost basis compared to The Chemours Company, the world’s largest TiO2 producer with the leading low-cost process. The result is a process 144.8% more cost-efficient.
A 2017 study published by the University of Minnesota’s Natural Resources Research Institute (“NRRI”) on the Patents’ TiO2 recovery process estimated the adjusted production cost per ton of TiO2 was $713 after a credit was applied for the sale of recovered iron oxide, representing a production cost basis 69.7% lower than the industry average estimated production cost of $2,352 per ton, and 59.2% lower than The Chemours Company’s leading low-cost process at $1,746 per ton.
The entire market size for TiO2 is $15.76 billion and is expected to witness a compound annual growth rate of 8.7% until 2025, according to Grand View Research, Inc.
The Patents’ process is less energy-intensive than the industry standard and can create high quality TiO2 from low grade materials, which contain contaminants other industry competitors must discard due to the prohibitive cost of extracting the full value utilizing current processes.
Growing Demand– Analysts predict that the demand for iron ore will grow roughly 2%, while steel manufacturing could grow up to 5% in 2021. As expansion efforts continue in countries like China, demand for iron (and other key materials) will continue to increase.
Geographical Advantage– The properties owned by Temas Resources are located in the Grenville Geological Province, an area rich with key minerals. The work to date as identified an interesting mineralized lens of titanium, iron and vanadium.
Proven Team– The Temas Resources team has decades of experience in multiple areas of mining and exploration.
Favorable Political Climate– The Quebec Province is a “mining-friendly” jurisdiction. Regulations favor exploration and mining, and there is a skilled labor force to pull from.
Environmentally Friendly- Temas employs extraction techniques that have a lower environmental impact, and result in a smaller carbon footprint overall. In certain areas they have the ability to use hydroelectric power, and are pursuing more ways to “Go Green”.
Technological Edge- Acquisition of a 50% stake in ORF Technologies has given Temas access to a proprietary extraction process that is 144% more cost-effective, in addition to being environmentally friendly.
What Role Does Mining Play in our Economy?
It’s easy to overlook the importance of mineral discovery and mining. It happens far away from our cities and homes, it’s dirty work, and when you pull a massive block of raw material from the earth, it has zero resemblance to the skyscraper it will one day be part of.
Every day, we use devices that need quartz, iron, lithium, and cobalt to function. Those are just a few of the key minerals working to help you make a phone call, drive, and type emails. Societal progress requires raw building materials, and to access those materials, we must find and secure them.
The service Temas Resources and other mineral exploration companies provide is integral to building the future, and with the 50% acquisition of ORF Technologies that future is looking greener. In a letter to the shareholders, CEO Michael Dehn expresses the importance of this move, “In a single transaction, we’ve effectively pivoted Temas Resources from just a regular junior mining company to now a one-of-a-kind environmental technology company that could change the mining industry as we know it.”
Temas Resources is being guided by responsible hands, into position as an eco-friendly mining company that also happens to have sound business practices. From beyond just the optics of a mining company being more environmentally responsible, the efficacy of this technology could change the entire mining landscape for the better.
Pursuing Greener Titanium and Other Opportunities
According to Market Watch, the global Titanium Metal market will be growing at a CAGR of 5.4% from 2021-2026. Covid-19 had a negative impact on this market due to reduced production of automobiles and other pandemic-related slow downs. The effect on the market is ultimately an increase in the price of materials, which could be a bad thing for suppliers trying to grow their business… unless you’re Temas Resources.
This potential barrier is, in our opinion, a boon for Temas. Due to their recent acquisition of a 50% stake in ORF Technologies, Temas now has access to patented, cost-efficient and eco-friendly processes for extracting, separating and recovering nickel, iron, gold and titanium dioxide
ORF’s technology leads to a process that is around 144% more cost-efficient than even the world’s largest titanium dioxide producer. The process is also less energy-intensive than the industry standard and can create high-quality titanium dioxide from low-grade materials, which contain contaminants that competitors must discard, according to Temas CEO Michael Dehn. The enhanced cost-efficiency plus the ability to use materials other companies can’t, positions Temas to dominate the market on pricing alone.
Using the ORF approach, rocks are dissolved in hydrochloric acid to extract metals like titanium, nickel, and vanadium. Though the quality of the materials can be low, the mineral extracted by this process is extremely pure.
“We can go right from an ilmenite ore to a titanium dioxide without having to go through several intermediate steps, which is what the rest of the industry has to do,” Dehn explained in a Public Entrepreneur article. By leaving out those steps Temas can get a high quality product to market cheaper, faster, and in a more environmentally friendly way.
A Growing Opportunity in Titanium Dioxide and Nickel
Titanium dioxide is a naturally occurring oxide of titanium. It has the highest refractive index of any material known to man and is one of the whitest materials on earth. The market size for TiO2 (currently $15.76 billion) is expected to witness a compound annual growth rate of 8.7% until 2025.
The pigments derived from TiO2are used in paints and coatings, plastics, paper, building materials, cosmetics, pharmaceuticals, foods and many other commercial products. While the pandemic reduced the 2020 demand overall, continued stimulus and end-market strength indicate a strong 2021 demand recovery.
“Wherever you are in the world, please mine more nickel… Tesla will give you a giant contract for a long period of time, if you mine nickel efficiently and in an environmentally sensitive way” – Elon Musk
Temas’ key strategic partner MetaLeach™ offers an advantage when pursuing Nickel deposits, by offering the exact thing Elon is looking for- a more efficient and environmentally friendly way to extract Nickel. The process enables the treatment of base metals deposits that weren’t treatable with traditional processing methods, and offer potential capital and operating cost savings of 30-50% vs. current practices.
The technologies that ORF and MetaLeach bring to the table will help position Temas as a reliable, high quality supplier of Titanium Dioxide and Nickel, making these great opportunities for Temas.
Charging the Future
Steel is made from iron, and steel is present in everyday life. Cars, buildings, bridges, appliances; it’s pretty easy to understand and obvious why it’s important. What about titanium and vanadium? Can you name three things that use those minerals?
Those two minerals, despite being less obvious than iron, were named by the U.S. Department of the Interior as critical for national security.
Titanium is lighter than steel, but just as strong. It has multiple applications from powdered coatings and pigments, to surgical apparatus and replacement joints. This is a valuable and useful mineral, and Temas Resource’s ability to find and extract it will be a key part of their strategy.
Vanadium has a few interesting properties, the most timely of which is the ability to make batteries more efficient. Australia Atlantic (an Australian mineral company) expects the battery sector to grow to 50% of vanadium demand by 2025, up from just 0.3% in 2020.5
Using vanadium in a lithium-ion battery (as opposed to cobalt) has several advantages, including faster charge times, and greater storage capacity.6 This is a timely advancement, as energy grids across the globe are searching for more efficient ways to store power.
In one of Wood Mackenzie Power & Renewable’s reports, they project that energy storage will grow from a 12 gigawatt-hour market in 2018 to a 158 gigawatt-hour market in 2024. That’s a $71B storage system investment.7
As countries push renewable energy initiatives, the ability to store the generated power will be essential to the success of the industry. This need to store electricity efficiently should greatly increase demand for batteries, and vanadium demand should spike right along with it.
The La Blache Property comprises 48 claims and covers 2,653.25 hectares of ground approximately 100km north of the community of Baie-Comeau, Quebec. The property is part of the La Blache Anorthosite Complex and hosts the Farrell-Taylor magnetite-ilmenite deposit.
Originally discovered in the 1950’s, various exploration programs have been conducted through the years. The most advanced study results were presented in a 2012 report from SGS. Drilling on the property led to an historic estimate in 2012 at the Farrell-Mason and some satellite prospects, which require further work. Preliminary metallurgical work has also been conducted resulting in high recovery of Iron, Titanium and Vanadium from the Farrell-Taylor deposit.
DAB PROJECT – QUEBEC CANADA
The DAB property consists of 128 contiguous mineral claims which cover 6,813.72 hectares (68.14km2) of the north shore area of Quebec, which is part of the Grenville Geological Province. The Grenville Province extends for more than 2,000 kilometres in length and skirts the North Shore of the St-Lawrence River. Its width varies from 300 kilometers to 600 kilometers and forms the south east segment of the Canadian Shield.
The Archean rocks of the Superior Province and the Proterozoic rocks of the Otish Basin are separated from the Grenville Province by the Grenville Front. The tectonic fabric of the Grenville is predominantly northwest-southwest trending. The Grenville consists of gneiss domes and basins with complex and irregular structural patterns, intrusive rocks of variable composition, from gabbros to alkaline rocks.
The lithologies are divided into three major units: the gneissic and intrusive rocks of varied composition of the Hulot Complex, intrusive rocks that include the east-west trending La Blache Anorthosite Complex, and late crosscutting gabbronorites, gabbros, diabasic gabbros, mangerites, granites and pegmatites. The La Blache Anorthosite Complex is an almost ellipsoid batholith of 35 kilometers by 20 kilometers within intrusive rocks that extends for 100 kilometers by up to 20 kilometers.
The anorthosites are cut by granites and pegmatites varying from a few centimeters to several meters of multiple orientations.
Strategic Partnership with Erin Ventures for Development of Piskanja Boron Project
A more recent development, the Piskanja Project is a strategic partnership with Erin Ventures. Temas has committed to spending a total of €10.5 million toward the development of Piskanja within a three-year period, and Erin will remain operator on the project until Temas has exercised the option to earn a 50% interest in its subsidiary, Balkan Gold. At that point Temas will become the operator of Piskanja.Piskanja has an indicated mineral resource of 7.8 million tonnes averaging 31% boron oxide and an inferred resource of 3.4 million tonnes averaging 28% boron oxide, and the project will be the only production of borates on the European continent.
Boron is used in chemical compounds, and about 50% of it is used as an additive in fibreglass for insulation and structural materials. The rest is used across polymers, ceramics, and other materials.
The respective CEOs had the following to say in the press release concerning the matter:
We are extremely excited by this development” said Tim Daniels, CEO of Erin. “Temas is an exceptionally good fit for this project. Not only are they willing to match their funding commitments for Piskanja, with the anticipated equity requirements for project development right through to production, but in addition, they have an experienced management team with like-minded thinking towards the development of Piskanja. Undoubtedly we are stronger with them as our partner.
Michael Dehn, CEO of Temas said “having the ability to work on a great project and high demand commodity, that would be the only European production of borates that should add significant shareholder value. When considering Piskanja, alongside our Ilmenite deposits in Canada, we believe that Temas is becoming a very compelling story. Having access to premier projects that could produce products that end up in consumer and industrial products is intended to allow Temas evolve from an explorer to producer.”
As an additional upside to the project, the coal mining activities in the area are slowing down. This leaves a capable workforce available for labor when exploration begins. Overall, the addition of this property expands Temas’ presence as an environmentally conscious mineral company, while increasing their value.
President and CEO
Mr. Dehn’s experience spans early grassroots stages to advanced mineral exploration and production, including his well-known expertise in the Red Lake Greenstone Belt. He gained experience working with teams exploring and producing minerals for companies now worth hundreds of millions. The focus of much of his last 10 years of Quebec focused exploration and development has been on ore bodies very similar to Temas Resources’ La Blache deposit.
CPA, CA, Chief Financial Officer
Mr. Robinson is a CPA and has over 10 years of accounting and capital markets experience. Mr. Robinson is currently the group CFO and a partner in Cronin Group, a natural resource focused merchant bank based in Vancouver, British Columbia.
Mr. Hardy has over 15 years of experience in the global resource sector where he has operated, advised and brought venture capital, private equity and strategic partners to the table. Mr. Hardy has founded and sold several resource focused businesses from services to extraction and development. Mr. Hardy is currently the CEO of Cronin Group, director and CEO of Imperial X Plc and director of Hexa Resources, among other private and public companies.
Mr. Kutluoglu is a Professional Geoscientist and Fellow of the Society of Economic Geologists with more than fifteen years of notable exploration experience in a wide variety of commodities across North America.
Michael Rowley has over 25 years executive experience in the exploration, mineral testing, and mine environmental industries, including capital markets and operations. Mr. Rowley is President and CEO of Group Ten Metals and is active in various other public exploration companies including Bravada Gold, Granite Creek Copper and Sierra Mountain Minerals Inc.
Mr. Lichtenwald specializes in providing corporate finance, valuation, taxation, financial reporting, consulting and other accounting services to both small businesses, as well as public commodity resource companies. He also assists in many aspects of clients’ administration, financing and other activities.
Senior Vice President of Corporate Finance
Mr. Kuhn carries a working pedigree of multiple billion dollar acquisitions and financings, holding positions at firms and organizations such as J.P. Morgan and World Fuel Services Corporation (NYSE Listed), where he acted as Head of Mergers & Acquisitions. Notably, Mr. Kuhn facilitated the $1.5 billion dollar acquisition of Chloride Group by Emerson Electric Co. (NYSE Listed), as well as the securing of a $1.1 billion dollar credit facility financing on behalf of William Koch’s Oxbow Carbon, one of the world’s largest recyclers of refinery and natural gas byproducts. Having most recently lead a $140 million acquisition of Mach 1 Global by Omni Logistics LLC and acted as advisor to Absolute Resolutions Corporation in their $200 million credit facility refinancing with SVEA Bank AB, Mr. Kuhn’s resume also includes acquisitions by Oxbow Carbon LLC of International Commodities Export Corporation for $170 million, Petroleum Coke Industries Company for $125 million, and the sale of Odyssey Logistics and Technology Corporation to The Jordan Company L.P. at an enterprise value of $700 million. A graduate of Cornell University, he brings 15 years of investment banking experience and has successfully executed advisory and financing assignments for clients across a broad range of industry verticals.
A Vital Resource Company
Temas Resources Corp. (CSE: TMAS) (OTCQB:TMASF) is a great example of a mineral exploration company focused on the right things, at the right time. They have raised $5 million via Crescita Capital and an additional $3.6 million in flow-through funding for pursuit of their 2021 agenda. The stake in ORF will allow Temas to maintain a technological edge, while decreasing their environmental impact, and their current properties are located in areas with favorable geological makeup and a mining-friendly government. Global factors and trends show that the need for the raw materials Temas finds and secures is only growing. As long as their capable management team continues to guide the company well, they will be positioned to profit as demand for their services increases.
“We don’t want to do things the traditional way,” says Dehn. “Instead of blindly going forward with how things are always done, look for the opportunity that’s going to give you a quicker return on your investment but also leave a smaller environmental footprint.”
Who are we and what do we do?
We are paid advertisers, also known as stock touts or stock promoters, who disseminate favorable information (the “Information”) about publicly traded companies (the “Profiled Issuers”).
How is the Information published?
We publish the Information on our Website, in newsletters, audio services, live interviews, featured “research” reports, on message boards and in email communications for specific time periods that are agreed upon between us and the Profiled Issuer or third party paying us.
Our publication of the Information is known as a “Campaign”.
Will everyone receive the Information at the same time?
No. The Information may be sent to potential investors at different times that are minutes, hours, days or even weeks apart.
How is a potential investor impacted if he receives the Information later than other investors?
Typically, the trading volume and price of a Profiled Issuer’s securities increases after the Information is provided to the first group of investors. Therefore, the later an investor receives the Information, the more likely it is that he will suffer increased trading losses if he purchases the securities of a Profiled Issuer.
What will happen to the shares that we hold during the Campaign?
We will sell the shares we hold while we tell investors to purchase during the Campaign.
What will happen when the Campaign ends?
Most, if not all, of the Profiled Issuers are penny stocks that are illiquid and whose securities are subject to wide fluctuations in trading price and volume. During the Campaign the trading volume and price of the securities of each Profiled Issuer will likely increase significantly. When the Campaign ends, the volume and price of the Profiled Issuer will likely decrease dramatically. As a result, investors who purchase during the Campaign and hold shares of the Profiled Issuer when the Campaign ends will probably lose most, if not all, of their investment.
Why do we publish only favorable Information?
We only publish favorable information because we are compensated to publish only favorable information.
Why don’t we publish negative Information?
We don’t publish negative information because we are not paid to publish negative information. We are paid to publish only favorable information.
Is the Information complete, accurate, truthful or reliable?
No. The Information is a snapshot that provides only positive information about the Profiled Issuers. The Information consists of only positive content. We do not and will not publish any negative information about the Profiled Issuers; accordingly, investors should consider the Information to be one-sided and not balanced, complete, accurate, truthful or reliable.
What we do not do?
We do not publish negative information about the Profiled Issuers. We do not verify or confirm any portion of the Information. We do not conduct any due diligence, nor do we research any aspect of the Information including the completeness, accuracy, truthfulness or reliability of the Information. We do not review the Profiled Issuers’ financial condition, operations, business model, management or risks involved in the Profiled Issuer’s business or an investment in a Profiled Issuer’s securities.
Where does the Information come from?
The Information is provided to us by the Profiled Issuers and/or the person who hires us. We may also obtain the Information from publicly available sources such as the OTC Markets, Google, NASDAQ, NYSE, the Securities and Exchange Commission’s Edgar database or other available public sources.
If we say we make “stock picks,” are those picks our own?
No, they are not. We are compensated to advertise the securities we are told to advertise.
What will happen if an investor relies on the Information?
If an investor relies on the Information in making an investment decision it is highly probable that the investor will lose most, if not all, of his or her investment. Investors should not rely on the Information to make an investment decision.
Who pays us to publish the Information?
The source of our compensation varies depending upon the particular circumstances of the Campaign. We are compensated by the Profiled Issuers, third party shareholders and other parties related to the Profiled Issuers such as officers and/or directors who will derive a financial or other benefit from an increase in the trading price and/or volume of a Profiled Issuer’s securities.
The nature and amount of compensation we receive for publishing the Information about each Profiled Issuer and our ownership of each Profiled Issuer is set forth below under the heading captioned, “What we are compensated”.
What warranties do we make about the Information?
None. We make no warranty or representation about the Information, including its completeness, accuracy, truthfulness or reliability and we disclaim, expressly and implicitly, all warranties of any kind, including whether the Information is complete, accurate, truthful, or reliable and as such, your use of the Information is at your own risk. The Information is provided as is without limitation.
What we are not.
We are not and do not act in the capacity of any of the following; as such, you should not construe our activities as involving any of the following:
An independent adviser or consultant;
A fortune teller;
An investment adviser or an entity engaging in activities that would be deemed to be providing investment advice that requires registration either at the federal or state level;
A broker-dealer or an individual acting in the capacity of a registered representative or broker;
A stock picker;
A securities trading expert;
A securities researcher or analyst;
A financial planner or one who engages in financial planning;
A provider of stock recommendations;
A provider of advice about buy, sell or hold recommendations as to specific securities; or
An agent offering or securities for sale or soliciting their purchase.
Are risks in this disclaimer the only risks investors should be aware of?
No. There are numerous risks associated with each Profiled Issuer and investors should undertake a full review of each Profiled Issuer with the assistance of their financial, legal, and tax advisers prior to purchasing the securities of any Profiled Issuer.
What conflicts of interest do we have in publishing the Information?
We are not objective or independent and have multiple conflicts of interest. The Profiled Issuers and parties hiring us have conflicts of interest.
What will happen to the shares that we hold during the Campaign?
We will sell the shares we hold while we tell investors to purchase.
Our publication of the Information involves actual and material conflicts of interest including but not limited to the following:
We receive monetary and/or securities compensation in exchange for publishing the (favorable) Information about the Profiled Issuers;
We do not publish any negative information whatsoever about the Profiled Issuers;
We may own a Profiled Issuer’s securities that we acquired from the Profiled Issuer, third parties or from our own open market purchases before, during or after the Campaign and we may sell these securities during the Campaign while publishing the (favorable) information that instructs investors to purchase. Our selling of a Profiled Issuer’s securities will likely cause investors to suffer losses;
A short time after we acquire a Profiled Issuer’s securities, we may publish the (favorable) Information about the Profiled Issuer advising others, including you, to purchase; and while doing so, we may sell the Profiled Issuer’s securities we acquired during our public dissemination of the Information causing us to profit while you suffer a loss;
Parties holding a Profiled Issuer’s securities, including those who engage our services and/or compensate us, will sell their shares of the Profiled Issuer while we are publishing the (favorable) Information.
Who is responsible if an investor relies on the Information?
The investor. We are not responsible or liable for any person’s use of the Information or any success or failure that is directly or indirectly related to such person’s use of the Information because we have specifically stated that the information is not reliable and should not be relied upon for any purpose. We are not responsible for omissions or errors in the Information, and we are not responsible for actions taken by any person who relies upon the Information.
What do we urge potential investors to do?
We urge Investors to conduct their own in-depth investigation of the Profiled Issuers with the assistance of their legal, tax and investment advisers. An investor’s review of the Information should include but not be limited to the Profiled Issuer’s financial condition, operations, management, products or services, trends in the industry and risks that may be material to the profiled Issuer’s business and other information he and his advisers deem material to an investment decision. An investor’s review should include, but not be limited to a review of available public sources and information received directly from the Profiled Issuers or from websites such as Google, OTC Markets, NASDAQ, NYSE, www.sec.gov or other available public sources.
Why is this Disclaimer being provided?
We are providing you with this disclaimer because we are publishing advertisements about penny stocks. Because we are paid to disseminate the Information to the public about securities, we are required by the securities laws including Section 10(b) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 thereunder, and Section 17(b) of the Securities Act of 1933, as amended (the “Securities Act”), to specifically disclose our compensation as well as other important information, This information includes that we may hold, as well as purchase and sell, the securities of a Profiled Issuer before, during and after we publish favorable Information about the Profiled Issuer. We may urge investors to purchase the securities of a Profiled Issuer while we sell our own shares.
The anti-fraud provisions of federal and state securities laws require us to inform you that we may engage in buying and selling of Profiled Issuer’s securities before, during and after the Campaigns.What are other risks that investors should be aware of?
Any investment in the Profiled Issuers involves a high degree of risk and uncertainty. The securities may be subject to extreme volume and price volatility, especially during the Campaigns. Favorable past performance of a Profiled Issuer does not guarantee future results. If you purchase the securities of the Profiled Issuers, you should be prepared to lose your entire investment. Some of the risks involved in purchasing securities of the Profiled Issuers include, but are not limited to the risks stated below.
We do not endorse, independently verify or assert the truthfulness, completeness, accuracy or reliability of the Information. We conduct no due diligence or investigation whatsoever of the Information or the Profiled Issuers and we do not receive any verification from the Profiled Issuer regarding the Information we disseminate.
If we publish any percentage gain of a Profiled Issuer from the previous day close in the Information, it is not and should not be construed as an indication that the future stock price or future operational results will reflect gains or otherwise prove to be advantageous to your investment.
The Information may contain statements asserting that a Profiled Issuer’s stock price has increased over a certain period of time which may reflect an arbitrary period of time, and is not predictive or of any analytical quality; as such, you should not rely upon the (favorable) Information in your analysis of the present or future potential of a Profiled Issuer or its securities.
The Information should not be interpreted in any way, shape, form or manner whatsoever as an indication of the Profiled Issuer’s future stock price or future financial performance.
You may encounter difficulties determining what, if any, portions of the Information are material or non-material, making it all the more imperative that you conduct your own independent investigation of the Profiled Issuer and its securities with the assistance of your legal, tax and financial advisor.
We or other stock promoters may receive free trading shares as compensation or we may acquire such shares in open market transactions before and during the Campaigns, and we may sell the shares we acquire at any time, even during the Campaigns while publishing the Favorable Information. When we sell the shares of the Profiled Issuers that we hold, the price at which investors can sell their shares will dramatically decrease and will likely cause investors to suffer trading losses.
We may sell securities of the Profiled Issuers for less than target prices set forth in the Information, and we may profit by selling our securities during the Campaigns while investors encounter losses.
When we acquire, purchase or sell the securities of the Profiled Issuers, it may (a) cause significant volatility in the Profiled Issuer’s securities; (b) cause temporary but unrealistic increases in volume and price of the Profiled Issuer’s securities; (c) if selling, cause the Profiled Issuer’s stock price to decline dramatically; and (d) permit us to make substantial profits while investors who purchase during the Campaign experience significant losses.
The securities of the Profiled Issuers are high risk, unstable, unpredictable and illiquid which may make it difficult for investors to sell their securities of the Profiled Issuers.
If we are compensated in improperly free trading securities of the Profiled Issuers, either directly or indirectly from persons who claim to be non-affiliates of such Profiled Issuer, we and the Profiled Issuer or third party could be subject to SEC Enforcement Action, including allegations of an illegal distribution in violation of Section 5(a) and 5(c) of the Securities Act.
We may hire third party service providers and stock promoters to electronically disseminate live news regarding the Profiled Issuers, yet we have no control over the content of and do not verify the information that the Profiled Issuers and/or third party service providers publish. These third party service providers are likely compensated for providing positive information about the Issuer and fail to disclose their compensation to you.
If a Profiled Issuer is an SEC reporting company, it could be delinquent (not current) in its periodic reporting obligations (i.e., in its quarterly and annual reports), or if it is an OTC Markets Pink Sheet quoted company, it may be delinquent in its Pink Sheet reporting obligations, which may result in OTC Markets posting a negative legend pertaining to the Profiled Issuer at www.otcmarkets.com, as follows: (i) “Limited Information” for companies with financial reporting problems, economic distress, or that are unwilling to file required reports with the Pink Sheets; (ii) “No Information,” which characterizes companies that are unable or unwilling to provide any disclosure to the public markets, to the SEC or the Pink Sheets; and (iii) “Caveat Emptor,” signifying buyers should be aware that there is a public interest concern associated with a company’s illegal spam campaign, questionable stock promotion, known investigation of a company’s fraudulent activity or its insiders, regulatory suspensions or disruptive corporate actions.
If the Information states that a Profiled Issuer’s securities are consistent with the future economic trends or even if your independent research indicates that, you should be aware that economic trends have their own limitations, including: (a) that economic trends or predictions may be speculative; (b) consumers, producers, investors, borrowers, lenders and government may react in unforeseen ways and be affected by behavioral biases that we are unable to predict; (c) human and social factors may outweigh future economic trends that we state may or will occur; (d) clear cut economic predictions have their limitations in that they do not account for the fundamental uncertainty in economic life, as well as ordinary life; (e) economic trends may be disrupted by sudden jumps, disruptions or other factors that are not accounted for in economic trends analysis; in other words, past or present data predicting future economic trends may become irrelevant in light of new circumstances and situations in which uncertainty becomes reality rather than predicted economic outcome; or (f) if the trend predicted involves a single result, it ignores other scenarios that may be crucial to make a decision in the event of unknown contingencies.
The Information is presented only as a brief snapshot of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities. You should consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.govwww.sec.gov, www.otcmarkets.com or other electronic media, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the OTCMarkets.com; (c) obtaining and reviewing publicly available information contained in commonly known search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.org. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and the OTC Markets and/or have negative legends and designations at otcmarkets.com.
What we were paid to advertise the Profiled Issuers.
The details of our compensation and the period of the Campaign is set forth below.
Name of Issuer & Ticker Symbol - Temas Resources Corp (TMASF)
Amount & Form of Compensation - $1,000,000.00 in Common Stock
Who Paid for the Campaign & Position with Company if any - Temas Resources Corp (TMASF)
Period of Campaign - 3/8/2021 - 3/8/2022
What securities of the Profiled Issuers do we hold?
The positions we hold of the Profiled Issuer are set forth below. We plan to sell these securities during the Campaign.
Name of Issuer & Ticker Symbol - Temas Resources Corp (TMASF)
Number of Shares We or our Affiliates Hold - 1,243,784.00
. To find out more, read our