Tempus Resources Ltd: Tempus Raises A$1.9M to Extend Drilling
Company ) (
ASX:TMR)(TSXV:TMRR) is pleased to announce that it has received firm commitments to complete a non-brokered private placement raising gross proceeds of approximately A$1.9 million through the issue of 12,465,425 ordinary shares in the Company at an average price equivalent to A$0.153 per share (the
Placement ). The Placement was strongly supported by North American and Australian institutional and sophisticated investors.
Commenting on the Placement, President and Chief Executive Officer, Jason Bahnsen, said:
We plan to resume drilling at our high-grade Canadian Elizabeth Gold Project within the coming 6-8 weeks and the Placement will enable us to extend works there. Given the great results from last year, it s very exciting to be getting back on the ground at Elizabeth with an enlarged drilling program.
Tempus Resources Limited: Tempus Announces Appointment of Mr. Jonathan Shellabear as Non-Executive Director
Tempus Resources Ltd. (
Tempus or the
Company ) is pleased to announce the appointment of Mr. Jonathan Shellabear as a Non-Executive Director following the resignation Mr. Brendan Borg (
see Tempus ASX announcement of 8 January 2021).
Chairman, Alexander Molyneux commented, Jonathan has a great mix of executive management experience in the gold space, and corporate finance experience from his prior career in the finance industry. He s very well known for his energetic leadership in the industry and we look forward to his contributions to Tempus ongoing development.
Mr. Jonathan Shellabear has over thirty years experience in the mining and financial services industries having worked as a geologist, resources analyst, corporate executive and investment banker with NM Rothschild & Sons, Deutsche Bank and Resource Finance Corporation. Mr. Shellabear was previously t
Tempus Resources Limited: Tempus Closes C$1.25m Private Placement and Reports Issuance of Incentive Stock Options
Tempus or the Company ) is pleased to announce that it has closed its previously announced Canadian non-brokered private placement . Tempus issued 4,730,000 ordinary shares at an issue price of C$0.265 per share (approximately A$0.28 per share) for gross proceeds of C$1,253,450 (the
Placement ). The Placement was to two institutional investors, including one managed by Sprott Asset Management LP.
Proceeds from the placement will be applied to the Company s Blackdome-Elizabeth Gold Project in British Columbia, Canada. The Placement shares were issued as Canadian flow-through shares, which provide tax credits to those investors for capital to be used in qualifying mining and exploration activities.
Tempus Resources Limited: Tempus to Raise C$1.25M at a Premium to Advance Gold Projects
Perth, Australia (Newsfile Corp. - December 10, 2020) - Tempus Resources Ltd (ASX: TMR) (TSXV: TMRR) (
Tempus or the Company ) is pleased to announce that it has arranged a Canadian non-brokered private placement to raise gross proceeds of C$1,253,450 at an issue price of C$0.265 per share (approximately A$0.28 per share) (the
Placement ). The Placement will be to institutional investors, including certain funds managed by Sprott Asset Management LP and other North American institutional investors.
The Placement, undertaken at a premium to recent ASX trading, is primarily undertaken to assist seed liquidity for the newly completed listing of the Company s shares on the TSX Venture Exchange and further develop Tempus North American institutional coverage.