Temas Resources Corp.

Temas Resources Corp.

TMASF
Temas Resources Corp.US flagOther OTC
0.09
USD
-0.01
- -
3.53MMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
-0.04
-0.4
-0.47
-0.49
-0.21
-0.07
-0.13
-0.13
Free Cash Flow per Basic Share
- -
-0.04
-0.15
-0.29
-0.29
-0.11
-0.08
-0.13
-0.12
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
0.06
1.64
0.82
0.28
-0.01
0.12
0.17
0.12
Tangible Book Value per Share
- -
0.03
2.47
1.41
0.86
0.45
0.22
0.22
0.15
Basic Weighted Avg Shares
- -
4
5
8
8
11
23
46
56
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
-23,008.68
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
-2
-4
-4
-2
-2
-6
-8
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
-23,176.74
Working Capital
- -
- -
3
2
-1
-1
-1
3
2
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
- -
- -
11
11
7
5
5
11
9
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
-47.22
-51.78
-93.9
- -
- -
-109.71
-218.61

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
38
99
100
Market Capitalization
8
6
9

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
5
4
Cash, Cash Equivalents & STI
- -
5
3
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
2
2
2
Payables & Accruals
2
2
2
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
7.72%
102.06%
Free Cash Flow
- -
92.2%
214.86%
Net Income, GAAP
- -
56.56%
242.16%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.03
-0.03
-0.03
- -
-0.07
2025
-0.01
-0.02
-0.03
- -
-0.13
2026
-0.02
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Timothy Cyril Fernback
Full Time Employees
1
Sector
Basic Materials
Industry
Industrial Materials
Address
999 West Hastings Street Vancouver BC Canada V6C 2W2
IPO Date
Aug 25, 2020
Business
Temas Resources Corp. (CSE: TMAS; OTCQB: TMASF; ASX: TIO) engages in the acquisition, exploration, and development of mineral properties focused on critical metals including iron, titanium, vanadium, and rare earth elements in Canada; the company owns and advances proprietary green mineral processing technologies applicable to polymetallic ores worldwide. Incorporated in 2018 and headquartered in Vancouver, British Columbia, with additional offices in Montreal, Quebec, Temas explores for and develops high-grade deposits such as the flagship 100%-owned La Blache project comprising approximately 130 claims covering 7,000 hectares in Quebec's Cote-Nord region hosting 208.5Mt inferred resource at 16.7% TiO2 equivalent in vanadium-titanium-magnetite (VTM) and ilmenite; the Lac Brule hemo-ilmenite project in Quebec geologically similar to Rio Tinto's nearby Lac Tio mine; and proprietary patented regenerative chloride leach (RCL) technologies through its subsidiary ORF Technologies Inc., which deliver up to 69% lower operating costs, reduced carbon footprint, reagent recycling, and high-purity outputs including 99.8% TiO2 via advanced leaching processes suitable for gold, silver, nickel, cobalt, and rare earth extraction. The company licenses its 11 RCL platform patents globally to mining partners and applies them to its North American assets to enhance economics and sustainability. Temas operates primarily in Quebec, leveraging supportive provincial regulations, infrastructure, and incentives for mining; it targets aerospace, defense, and industrial markets reliant on titanium and critical minerals for mineral independence. Recent developments include exercising the option in October 2025 to acquire 100% ownership of ORF Technologies Inc. and its IP portfolio; listing on the ASX as TIO in October 2025 following an August 2025 prospectus for up to $11 million via CDIs; lodging a retraction of prior PEA disclosure ahead of ASX listing; completing a 2,500-meter drill program at La Blache in November 2025 targeting resource growth in titanium and critical minerals; appointing Kobi Ben-Shabat as director in July 2025; entering an option agreement for ORF in July 2025; opening a Quebec corporate office and appointing David Caldwell as COO and Michel Lebeuf as general counsel in 2024; filing a Preliminary Economic Assessment for La Blache in March 2024 showing C$6.6 billion post-tax NPV8 and 60.8% IRR over 14 years; and securing private placements including C$510,000 in July 2025 and others in 2024-2025 to fund operations.

Company News

APIChat
  • Re-Assays of 2022 Drill Results Confirm Material Improvements of Vanadium, Gallium, Scandium and Chromium at La Blache

  • Temas Resources Engages Vector Advisors

  • Temas Highlights Strategic Advantage of RCL Technology Amid Global Sulphuric Acid Market Disruptions

  • Temas Resources Announces Non-Brokered Private Placement of $1,500,000

  • Temas Expands Scientific Advisory Board with Appointment of Chemical Process Development Expert, Dr. Santiago Faucher

  • Temas Provides a Shareholder Update on its Fiscal Year and Business Activities Since its October 2025 ASX IPO

  • Temas Opens New RCL Metallurgical Lab to Accelerate Technology Deployment and Third-Party Revenue Opportunities

  • Temas Adopts Semi-Annual Financial Reporting

  • Temas appoints scientific advisory board to advance RCL technology commercialisation

  • Temas Appoints Scientific Advisory Board to Accelerate RCL Commercialisation and Global Development

  • Significant Gallium and Scandium Confirmed at La Blache as RCL Technology Platform Builds Additional Value

  • Temas Commences RCL Vanadium Extraction Testwork at La Blache

  • Temas Commences Valuable Re-Assay Program at La Blache

  • Temas Signs Letter of Intent for RCL Technology to Unlock Value at 3M Ounce Gold Project

  • Temas Advances Commercialisation of Patented 'RCL' Metallurgical Processing Technology

  • Temas Strengthens Board to Support Growth Strategy and Critical Minerals Advancement

  • Temas Strengthen Strategic Positioning Through Scientific Network Membership, Market Support And Research Coverage

  • New LiDAR Survey Completion Accelerates Planning and Engineering Work at La Blache and Lac Brule

  • Temas Engages European Consultant To Support Investor Awareness

  • Change of Auditor