China dominates production of many of these critical minerals, such as aluminium, which it is the world’s largest producer of, with an annual production capacity of around 36 million tonnes. As tensions rise between the US and China, the former is eager to find other trading partners to make up the mineral production deficit caused by cutting trade with the latter.
Canada has emerged as a vital trading partner in this minerals programme, as it too dominates production of many of the minerals coveted by the US. Canadian potash mines are the most productive in the world, and Canada is among the top five producers of a number of these minerals, including cobalt. With its mining industry valued at some $47bn as recently as 2018, and miners eager to sell their products to the US, there are significant financial and geopolitical incentives to developing a holistic North American mineral supply chain.
Considering these incentives, the two countries have worked to establish such a supply chain. In 2019, Presidents Trump and Trudeau committed to such a project, and in June this year, Canadian Natural Resources Minister Seamus O’Regan confirmed a “joint action plan” to maximise the mining output of both countries to aid in recovery following the Covid-19 pandemic, and ensure North American mineral independence beyond.
The website is not a broker, dealer, investment or financial advisor and does not purport to be one. All information contained herein is for informational purposes only and should not be construed as an offer to buy or sell any security of any kind. Information is provided on an equal basis to all readers intended for a general audience, with no adjustment bias or personalization to any individuals personal financial situation whatsoever.
Forward Looking Statements
Information provided herein contains forward looking statements. Any statements that express or involve discussions with respect to opinions, predictions, expectations, beliefs, plans, projections, goals, assumptions, future events, future performance, estimations or prophecies are not statements of historical facts and may be forward looking statements, and thus may be unable to be relied upon. The forward looking statements contained herein are based on personal opinion of estimates and projections resulting in personal expectations at the time the statements are made that may involve a number of risks and uncertainties which could cause actual results or events to materially differ from those presently anticipated or opined herein. Forward looking statements may be identified through the use of words such as, but not exclusively, “expects”, “will”, “anticipates”, “estimates”, “believes”, or statements indicating, but not limited to, certain actions such that “may”, “could”, “should”, or “might” occur.
Public Awareness Campaign
This website is owned by CorpComm Services Limited (“CorpComm IR”), an investor relations firm. CorpComm IR has been assigned a contract by its parent company, CorpComm Limited (“CorpComm”), which was hired by Temas Resources (the “company”) on June 3, 2020 in an agreement to provide investor relations services to the Company for a period of 12 months commencing June 15, 2020. Compensation for the agreement consists of $10,000 per month plus the Company issuing an option to acquire 600,000 shares of the Company at a price of $0.105 per share vesting evenly over 12 months with expiration date on December 15, 2021. CorpComm also beneficially owns 3,000,000 shares of the company. CorpComm undertakes no obligation to inform readers about the ownership or trading activities of it or its employees or affiliates in the securities of the company. CorpComm IR is beneficially owned by CorpComm but is operated by an independent board from CorpComm. CorpComm IR does not maintain a trading account and relies on CorpComm to conduct any and all investment decisions regarding disposition and voting control of any options or holdings of the company. CorpComm IR maintains its board independence from CorpComm to segment and isolate any potential non-public information provided to it from the company from any trading activities conducted by its parent, CorpComm. CorpComm has recused itself of any insider information of the company. CorpComm IR has recused itself of any investment authority (dispositive, voting or otherwise) of the company. CorpComm IR expects to receive regular payments from its parent CorpComm to fund its continued public awareness marketing efforts above and beyond its budget received from the company. CorpComm IR intends to spend the majority of funds received from its parent CorpComm on increasing the month over month public awareness campaign budget until June 2021. Factors that are likely to affect the month over month campaign budget increase include but are not limited to, the expected performance increases of A/B content testing for effectiveness of public perception and name recognition of Temas Resources as judged through a variety of metrics, the anticipated increases in conversion numbers and ratios of ad spend and awareness budgets across all third-party hired companies and advertising outlets intended to include, but not limited to, awareness placements in Google, Facebook, Yahoo Finance, BNN, Fox Business, CNBC, CNN, CBC, MarketWatch, WSJ, among others. The placement of awareness campaign material is intended to raise the public profile of Temas Resources as a company in compliance with all applicable law.
Limitation of Information
The information we provide represents only a small amount of information regarding the company and is not sufficient to formulate an investment decision and as such, that information should only be a starting point from which you conduct an in-depth investigation of the company from available public sources, such as sedar.com, otcmarkets.com, sec.gov, google.com and other available public sources as well as consulting with your financial professional, investment adviser, and/or registered representative with a registered securities broker-dealer. As of the date of publication of all materials, including this page, CorpComm IR is not aware of any intention by the company (and based on its currently disclosed public filings and access to capital, does not anticipate the company) to conduct any fundraising activities that may preclude the legal distribution of awareness materials. The website is not liable for any investment decisions by its visitors, readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment and should independently conduct their own research and arrive at their own decisions or consult with a qualified and registered broker, investment adviser or financial adviser.
Forward Looking Statements
Some of the information contained herein may be based on press releases or other information from Temas Resources, which is subject to and should be considered in connection with the following forward looking information statement that is included in their press releases: “This news release includes certain “Forward‐Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward‐looking information” under applicable Canadian securities laws. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target”, “plan”, “forecast”, “may”, “would”, “could”, “schedule” and similar words or expressions, identify forward‐looking statements or information. These forward‐looking statements or information relate to, among other things: closing of the Transaction, the Company’s plan to build an advanced base and special metals portfolio, the development of the Property, including drilling activities; and future mineral exploration, development and production. Forward‐looking statements and forward‐looking information relating to any future mineral production, liquidity, enhanced value and capital markets profile of Temas, future growth potential for Temas and its business, and future exploration plans are based on management’s reasonable assumptions, estimates, expectations, analyses and opinions, which are based on management’s experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Assumptions have been made regarding, among other things, the price of silver, gold and other metals; no escalation in the severity of the COVID-19 pandemic; costs of exploration and development; the estimated costs of development of exploration projects; Temas’ ability to operate in a safe and effective manner and its ability to obtain financing on reasonable terms. These statements reflect Temas’ respective current views with respect to future events and are necessarily based upon a number of other assumptions and estimates that, while considered reasonable by management, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward‐looking statements or forward-looking information and Temas has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the Company’s dependence on one mineral project; precious metals price volatility; risks associated with the conduct of the Company’s mining activities in Quebec; regulatory, consent or permitting delays; risks relating to reliance on the Company’s management team and outside contractors; risks regarding mineral resources and reserves; the Company’s inability to obtain insurance to cover all risks, on a commercially reasonable basis or at all; currency fluctuations; risks regarding the 6 failure to generate sufficient cash flow from operations; risks relating to project financing and equity issuances; risks and unknowns inherent in all mining projects, including the inaccuracy of reserves and resources, metallurgical recoveries and capital and operating costs of such projects; contests over title to properties, particularly title to undeveloped properties; laws and regulations governing the environment, health and safety; the ability of the communities in which the Company operates to manage and cope with the implications of COVID-19; the economic and financial implications of COVID-19 to the Company; operating or technical difficulties in connection with mining or development activities; employee relations, labour unrest or unavailability; the Company’s interactions with surrounding communities and artisanal miners; the Company’s ability to successfully integrate acquired assets; the speculative nature of exploration and development, including the risks of diminishing quantities or grades of reserves; stock market volatility; conflicts of interest among certain directors and officers; lack of liquidity for shareholders of the Company; litigation risk; and the factors identified under the caption “Risk Factors” in Temas’ management discussion and analysis. Readers are cautioned against attributing undue certainty to forward‐looking statements or forward-looking information. Although Temas has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. Temas does not intend, and does not assume any obligation, to update these forward‐ looking statements or forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.