Temas Announces Life Offering & Concurrent Private Placement

March 5, 2025, Vancouver, B.C. – Temas Resources Corp. (“Temas” or the “Company”) [CSE: TMAS | OTCQB: TMAS | FSE: 26P0]is pleased to announce that it intends to complete non-brokered private placements for cumulative gross proceeds of up to C$500,000 from the sale of up to 6,666,666 units of the Company (each, a “Unit”) at a price of C$0.075 per Unit. 2,000,000 Units are offered under the Listed Issuer Financing Exemption  offering (the “LIFE Offering”) and 4,666,666 Units are offered under the concurrent private placement offering (the “Concurrent Offering”).

Each Unit will consist of one common share of the Company (each, a “Unit Share”) and one common share purchase warrant (a “Warrant”). Each Warrant shall entitle the holder to purchase one common share of the Company (each, a “Warrant Share”) at a price of C$0.18 at any time on or before that date which is 1 year after the closing date, provided that if the closing price of the Common Shares on the Canadian Securities Exchange (“CSE”) is equal to or greater than $0.22 for a period of 5 consecutive trading days (the “Triggering Event”), the Company may, within 5 days of the Triggering Event, accelerate the expiry date of the Warrants by disseminating a press release, and in such case the Warrants will expire on the 10th day after the date on which such press release is disseminated.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”), the LIFE Offering is being made to purchasers resident in all provinces of Canada, except Quebec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the “Listed Issuer Financing Exemption”). The securities offered under the Listed Issuer Financing Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.