Temas News Temas appoints Kuhn as senior VP of corporate finance
2021-02-11 12:20 ET - News Release
Shares issued 63,463,520
TMAS Close 2021-02-10 C$ 1.25
Mr. Kyler Hardy reports
TEMAS RESOURCES WELCOMES J.P. MORGAN ALUMNUS AND BILLION DOLLAR DEALMAKER AS SENIOR VICE PRESIDENT OF CORPORATE FINANCE
Temas Resources Corp. has appointed Ryan Kuhn as its senior vice-president of corporate finance.
Mr. Kuhn carries a working pedigree of multiple billion-dollar acquisitions and financings, holding positions at firms and organizations such as J.P. Morgan and World Fuel Services Corp. (listed on the New York Stock Exchange), where he acted as head of mergers and acquisitions. Notably, Mr. Kuhn facilitated the $1.5-billion acquisition of Chloride Group by Emerson Electric Co. (listed on the NYSE) as well as the securing of a $1.1-billion credit facility financing on behalf of William Koch's Oxbow Carbon, one of the world's largest recyclers of refinery and natural gas byproducts.
"It's a rare vote of confidence when someone with such a distinguished resume and track record like Mr. Kuhn lends their support to a junior player. His decision to join our growing team confirms the tremendous potential we all see here at Temas," said Michael Dehn, chief executive officer of Temas Resources. "We look forward to working with Mr. Kuhn as we graduate to the next stage of corporate development and continue to advance what we believe is an important mission for the future of our industry, the environment and our economy as a whole."
Mr. Kuhn has played significant roles in many other transactions, most recently leading the sale of Mach 1 Global to Omni Logistics LLC and acting as an adviser to Absolute Resolutions Corp. in its $200-million credit facility refinancing with a reputable international bank lender. His resume also includes acquisitions by Oxbow Carbon LLC of International Commodities Export Corp. for $170-million and Petroleum Coke Industries Company for $125-million, and the sale of Odyssey Logistics and Technology Corp. to The Jordan Company LP at an enterprise value of $700-million. A graduate of Cornell University, he brings 15 years of investment banking experience and has successfully executed advisory and financing assignments for clients across a broad range of industry verticals.
About Temas Resources Corp.
Temas Resources is responding to the growing global demand for iron ore and two strategically important minerals -- titanium and vanadium -- deemed by the U.S. Department of the Interior as critical to U.S. national security and the economy. Temas Resources properties are located in the stable, mining-friendly jurisdiction of Quebec (Canada) bordering Vermont, Maine and New York in an area known as the Grenville geological province. The Grenville geological province is home to Lac Tio, the largest solid ilmenite deposit in the world. As a mineral exploration company focused on the acquisition, exploration and development of iron, titanium and vanadium properties, Temas Resources has focused its efforts on advancing two major projects in the Grenville geological province area. The company's first project, the DAB property, consists of an option for a 100-per-cent interest on 128 contiguous mineral claims, covering 6,813 hectares (68.14 square kilometres) within the Grenville geological province. At the company's flagship La Blache property, Temas Resources has a 100-per-cent ownership of 48 semi-contiguous mineral claims covering 2,653 hectares (26.53 square kilometres) within the Grenville geological province. All public filings for the company can be found on SEDAR. For more information about the company, please visit the company's websit