• Tempus Resources Ltd (TMRR) has closed a $920,000 non-brokered private placement
  • The transaction was made up of 20.33 million units at a price of $0.045 per unit
  • Each unit consists of one fully paid Tempus ordinary share together with one new free attaching option
  • Tempus is a publicly traded gold exploration company with active exploring projects located in Canada and Ecuador
  • Tempus Resources Ltd (TMRR) is unchanged trading at $0.06 per share as of 2:33 p.m. ET

Tempus Resources (TMRR) has closed a non-brokered private placement, raising gross proceeds of approximately $920,000.

The placement consisted of 20.33 million units at $0.045 per unit. Each unit consists of one common share and one share purchase warrant. Warrants are exercisable for one additional common share within three years.

Tempus is a publicly traded gold exploration company with active projects in Canada and Ecuador. The company’s flagship project is the Blackdome-Elizabeth Project, a high-grade gold past producing project in British Columbia.

Tempus is currently midway through a drill program at Blackdome-Elizabeth that will form the basis of an updated resource estimate.

Tempus Resources Ltd (TMRR) is unchanged trading at $0.06 per share as of 2:33 p.m. ET.


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