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Temas Resources Corp. Capital/Financing Update 2020

Jun 3, 2020

47893_rns_2020-06-03_1aa77546-6527-46db-8a6c-67716b11c894.pdf

Capital/Financing Update

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TEMAS RESOURCES CORP. ENTERS INTO INVESTORS RELATIONS CONTRACT WITH CORPCOMM LIMITED AND ISSUES OPTIONS

June 3, 2020 – Temas Resources Corp. (the “ Company ”) ( CSE: TMAS ) is pleased to announce it has entered into an Investors Relations Agreement (the “ Agreement ”) to have CorpComm Limited (“ CorpComm ”) provide investor relations services to the Company for a period of 12 months commencing June 15, 2020.

Compensation for the Agreement consists of a $10,000 per month fee plus the Company issuing CorpComm an option to acquire 630,000 shares of the Company at a price of $0.105 per share upon commencement of the contract, vesting evenly over 12 months with an expiration date of December 15, 2021.

About Temas Resources Corp.

Temas Resources Corp. is a mineral exploration company focused on the acquisition, exploration and development of large Iron, Titanium and Vanadium properties in Canada. The Company has an option to acquire a 100% interest in the DAB Property which consists of 128 contiguous mineral claims which cover 6813.72 hectares (68.14 km2) within the Grenville Geological Province located in Quebec, Canada.

About CorpComm Limited

CorpComm Limited is an investor relations company that takes an active approach to identifying, investing, and marketing high quality investment opportunities in both public and private markets. CorpComm specializes in communicating unique investment opportunities to a wide audience of qualified, interested, and likely investors. CorpComm has invested its own capital into Temas Resources Corp. and currently holds 3,000,000 shares and 1,500,000 warrants, in addition to the recently issued 630,000 options at $0.105 per the investor relations agreement.

Contact Information

For more information, please contact:

Kyler Hardy – Chief Executive Officer E-mail: [email protected]

Neither the Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward looking information can be found in the company’s disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.