Temas Resources: A$11m ASX IPO

We are delighted to announce that PAC Partners has acted as Joint Lead Manager to Temas Resources Corp. ("Temas") on its A$11 million initial public offering and secondary listing on the Australian Securities Exchange.

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Temas is a Vancouver-based critical minerals company with titanium, vanadium and iron-bearing properties in Quebec, including the La Blache and Lac Brule titanium projects, and a portfolio of proprietary mineral processing technologies. Its shares are also listed on the Canadian Securities Exchange (CSE:TMAS), OTCQB (TMASF) and Frankfurt Stock Exchange (FSE:26P0).

Under the Offer, Temas issued 55,000,000 CHESS Depository Interests (CDIs) at A$0.20 per CDI, raising gross proceeds of A$11 million. Each CDI represents one underlying common share. The Offer was open to Australian investors only, giving Temas direct access to the ASX's deep pool of resources-focused institutional and retail capital.

Temas commenced trading on the ASX in October 2025 under the ticker TIO as a Foreign Exempt Listing. PAC Partners acted as Joint Lead Manager alongside Sandton Capital Advisory.

The proceeds will be used to advance Temas' metallurgical technology, fund additional patent filings, acquire shares in ORF Technologies Inc., and continue exploration across its Quebec projects.

PAC Partners congratulates the Temas board and management team on a successful listing and welcomes the company to the ASX.