14:44:40 EDT Fri 27 Mar 2026
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Temas Resources Corp (2)
Symbol TMAS
Shares Issued 39,529,257
Close 2026-03-26 C$ 0.16
Market Cap C$ 6,324,681
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Temas Resources establishes scientific advisory board

2026-03-27 11:54 ET - News Release

Mr. Tim Fernback reports

TEMAS APPOINTS SCIENTIFIC ADVISORY BOARD TO ACCELERATE RCL COMMERCIALISATION AND GLOBAL DEVELOPMENT

Temas Resources Corp. has appointed a scientific advisory board (SAB) to accelerate the commercialization and global deployment of its proprietary regenerative chloride leaching (RCL) technology.

Highlights

  • Scientific advisory board established to accelerate commercialization and global deployment of Temas's proprietary RCL technology;
  • Board comprising leading hydrometallurgical experts, strengthening technical credibility and execution capability;
  • Advisory board to support the evaluation of third party mineral deposits and mining tailings for RCL application and potential joint venture/licensing opportunities;
  • Temas's 100-per-cent-owned RCL technology platform comprises granted process patents, covering the extraction of multiple metals and feedstocks, including but not limited to refractory gold, titanium, polymetallic sulphides, nickel laterite, critical minerals and rare earths.

The SAB comprising leading experts in the fields of hydrometallurgy and mixed chloride leaching, providing independent technical guidance across process optimization, scale-up and application of the RCL platform. The board will advise senior management on development priorities and the assessment of third party mineral feedstocks, complementing the company's internal research and development (R&D) capabilities, and strengthening execution as the technology advances toward broader industry adoption.

"We're proud to have an accomplished and diverse group of scientific and research experts as the members of our scientific advisory board," said Tim Fernback, chief executive officer of Temas Resources. "This world-class team of scientific advisers bring their significant knowledge and expertise in hydrometallurgy, chemistry, minerology and geochemistry. They understand the complexities of navigating issues involving refractory and complex ore bodies, and they're committed to finding solutions to real-world problems in mining. This will significantly contribute to the deployment and commercialization of our novel RCL technology to replace the industry's traditional metallurgical processes that are sometimes not as efficient or effective in extracting minerals."

Inaugural members of the SAB include those listed below.

David Caldwell, MSc, PGeol (SAB chair) -- Mr. Caldwell is a recognized expert in the geology and geochemistry of VTM and Ilmenite deposits and acts as the current Temas chief operating officer. With over 35 years of applied experience, Mr. Caldwell is a geologist, geophysicist and geochemist. He has practical experience taking mineral projects from grassroots generative development through all aspects of feasibility, permitting and the asset buildout process in the United States, Canada and Latin America.

Most recently he served as co-founder, director, and chief innovation and sustainability officer for Pinnacle Iron and Steel/Trinidad Tobago Iron Steel Co., prior to that role, Mr. Caldwell spent over 14 years at BlackRock Metals Inc. as co-founder, director and vice-president, technical services, where he identified the Lac Dore layered complex as having strong potential to host a polymetallic deposit with world-class tonnage and strong grades in three metals (Fe/Ti/V (iron/titanum/vanadium)), and established a full feasibility for a $1.3-billion (U.S.) construction project with the best vanadium grades of any North American deposit in this critical metal along with excellent titanium credits and high-purity iron.

Educated in the United States, Mr. Caldwell has a BSc in geology and geophysics from the University of Minnesota Institute of Technology, and an MSc in geochemistry from New Mexico Institute of Mining and Technology, and is a former president and current chairman of the board of the 1,200-member Geologic Society of Nevada.

Dr. Vaikuntam I. Lakshmanan, PhD, FCAE, FIMM, FCIM -- Dr. Lakshmanan is an internationally renowned scientist, innovator, entrepreneur and teacher in the area of technologies for sustainable development. He has more than 40 years of hands-on experience in technology development and commercialization, having successfully guided process technologies from concept through development and demonstration to commercialization for energy (including renewable energy), resources and chemical (including specialty chemical) industries. Dr. Lakshmanan has consistently identified and developed innovative applications in technology commercialization. Dr. Lakshmanan is the current chairman of Process Research ORTECH Inc. and one of the founding scientists of the Temas RCL mixed chloride leaching technology.

Born and educated in India, Dr. Lakshmanan obtained his PhD in chemistry from Bombay University and moved to Canada in 1974 after serving as lecturer in minerals engineering at the University of Birmingham, United Kingdom. His corporate experience includes roles in Noranda, Eldorado Nuclear, ORTECH Corp. and Process Research ORTECH, the last of which he founded and guided to become a global leader in sustainable process technologies through its laboratory and pilot plant. He has extensive client contacts and relationships at senior levels with major international corporations, as well as academic and government sectors globally. He was an adjunct professor at the University of Toronto until 2010. Dr. Lakshmanan is a fellow of the Canadian Academy of Engineering and fellow, Canadian Institute of Mining, Metallurgy and Petroleum, and holds numerous patents.

Daniel Dutton, chemical engineer and metallurgical engineer (extractive) -- Mr. Dutton a recognized world expert in the metallurgy of VTM and Ilmenite deposits and the extraction of high-value titanium and vanadium products from them. Mr. Dutton is currently the Temas chief metallurgist responsible for all Temas metallurgical strategy and development. Mr. Dutton also currently serves as president of Yellowstone Consulting Inc., a Quebec-based metallurgical advisory and consultancy firm, where he acts as the VP, technical services and metallurgical products and processes, at Strategic Resources Inc. (previously BlackRock Metals Inc.) where he led the development and finalization of prefeasibility and feasibility studies for major iron ore and metallurgical projects, including managing co-ordination with key stakeholders and various engineering groups.

Previously, Mr. Dutton worked for Anglo American at Highveld Steel and Vanadium in South Africa and at Vanchem Vanadium products in the vanadium chemical, oxides and FeV operations, vanadium market development, vanadium mine development, R&D, and analytical services. Mr. Dutton holds a diploma in chemical engineering from Vaal Triangle University of Technology, South Africa, in addition to a metallurgical engineering -- extractive diploma from Pretoria University of Technology, South Africa. He emigrated from South Africa to Quebec, Canada, in 2019.

"The calibre of the SAB members speaks to our commitment to scientifically rigorous R&D for our commercial-scale deployment of our RCL metallurgical technologies. With the support of our scientific advisory board, our efforts will continue to advance our development of hydrometallurgy and mixed chloride leaching allowing us to continue to innovate in this field. We need the best and brightest in the industry working together to solve these important metallurgical issues. I'm confident this team will provide innovative and educated recommendations that will evolve our RCL technologies and transform hydrometallurgical applications of RCL globally," said Tim Fernback, Temas chief executive officer. "We plan on adding several respected and global scientific leaders to our SAB over the course of the next several months."

RCL platform overview and competitive differentiation

Temas's RCL platform is an innovative, advanced hydrometallurgical platform designed for the efficient extraction of metals from complex mineralization, concentrates, slags and tailings in an environmentally responsible manner.

Key attributes of the RCL platform include:

  • Ability to process low-quality feedstocks and render high-value end products;
  • Atmospheric pressure and lower-temperature operation relative to conventional chloride or sulphide routes;
  • Closed-loop reagent recycling delivering materially lower operating costs and reduced environmental footprint;
  • Enhanced recovery of critical metals, battery metals, platinum group minerals, precious and base metals, and rare-earth elements.

Competent person's/qualified person's statement

The information in this announcement that relates to exploration results and mineral resources for the La Blache and Lac Brule titanium-vanadium projects in Quebec, Canada, is based on, and fairly represents, information and supporting documentation prepared and compiled by Blake Collins, BSc (honours), MAIG, and principal consultant of Head Exploration Pty. Ltd.

Mr. Collins is a member of the Australasian Institute of Geosciences (MAIG). He has sufficient experience that is relevant to the style of mineralization, the type of deposit under consideration and the activity being undertaken to qualify as a competent person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code 2012) and as a qualified person as defined by National Instrument 43-101.

Mr. Collins is the principal consultant of Head Exploration Pty. Ltd., which provides independent geological and technical advisory services to Temas Resources. He has reviewed the information presented in this announcement and consents to the inclusion in the report of the matters based on his information in the form and context in which they appear. Head Exploration as an independent geological and technical consultancy and has no direct or indirect interest in Temas Resources.

About Temas Resources Corp.

Temas Resources is a technology-driven critical minerals company advancing a dual-business model built around proprietary processing innovation and strategic mineral ownership. The company's patented regenerative chloride leach (RCL) technology platform delivers significant operational cost reductions -- validated at up to 65 per cent lower than traditional processing -- while dramatically reducing energy use and environmental impact.

Temas's RCL process is the foundation of its technology licensing and partnership business, enabling global mining and materials companies to adopt sustainable, high-margin metal extraction methods across a range of critical minerals including titanium, vanadium, nickel and rare-earth elements.

Complementing its technology division, Temas also owns 100 per cent of two advanced titanium-vanadium-iron projects in Quebec, Canada -- La Blache and Lac Brule -- which are strategically positioned to feed directly into the company's proprietary processing platform, creating a fully integrated mine-to-market supply chain for Western metals.

Through this combination of innovative IP commercialization and resource ownership, Temas Resources is positioned to deliver scalable, low-carbon solutions that strengthen Western critical mineral independence and create long-term value for shareholders.

We seek Safe Harbor.

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