Temoris Resources Inc.

Temoris Resources Inc.

June 18, 2008 14:00 ET

Temoris Resources Inc.: Private Placement

MONTREAL, QUEBEC--(Marketwire - June 18, 2008) - Temoris Resources Inc. (TSX VENTURE:TMO) ("Temoris Resources or the Company") announces a non-brokered private placement for a maximum of 1,000,000 units priced at $0.10 per unit for a gross proceeds of $100,000. Each unit consists of one common share and one common share purchase warrant. Each full warrant entitles the holder to purchase one additional common share at a price of $0.15 per common share until June 18, 2010.

No finder's fee will be paid in connection to the private placement and the proceeds will be used for working capital.

Under applicable securities legislation and policies of the TSX Venture Exchange, the common shares and warrants issued under the private placement are subject to a four month hold period expiring on October 19, 2008.

The TSX Venture does not accept responsibility for the accuracy of the release.

Contact Information

  • Temoris Resources Inc.
    Jean Labrecque
    President, CEO