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Tempus Resources Announces Defective Notice Under Section 249D of Corporations Act

December 8, 2023 7:02 AM EST

Perth, Australia--(Newsfile Corp. - December 8, 2023) - Tempus Resources Ltd(ASX: TMR) (TSXV: TMRR) (OTC Pink: TMRFF)("Tempus" or the "Company")advises that, as announced on 1 December 2023, the company received a defective notice under section 203D of the Corporations Act 2001 (Cth) (Act) and section 249D of the Act on 29 November 2023 (Previous Defective Notice) from shareholders who, as at 29 November 2023, held less than 5% of the Company's issued fully paid ordinary shares (Shares).

The Company advises that, on 6 December 2023, it received a second notice under sections 203D and 249D of the Act (Second Defective Notice) from requisitioning shareholders who hold at least 5% of the Company's Shares.

The Second Defective Notice contains the same proposed resolutions as the Previous Defective Notice, as detailed in the Company's previous announcement released on 1 December 2023.

The Company's lawyers have advised that the Second Defective Notice does not comply with sections 203D and 249D of the Corporations Act. Accordingly, the Company does not intend to take any action in response to the Defective Notice at this stage.

The Company is making this announcement in the interests of full disclosure and to ensure that it is in full compliance with its obligations under the ASX Listing Rules. The Company will continue to update the market in due course in relation to any material developments concerning this matter.

This announcement was authorised for release by the Board of Directors on behalf of the Company.

For further information:

TEMPUS RESOURCES LTD

Melanie Ross - Director/Company Secretary Phone: +61 8 6188 8181

About Tempus Resources Ltd

Tempus Resources Ltd ("Tempus") is a growth orientated gold exploration company listed on ASX ("TMR") and TSX.V ("TMRR") and OTC ("TMRFF") stock exchanges. Tempus is actively exploring projects located in Canada and Ecuador. The flagship project for Tempus is the Blackdome-Elizabeth Project, a high grade gold past producing project located in Southern British Columbia. In addition, the Company holds two exploration projects located in located in South East Ecuador, the Rio Zarza and the Valle del Tigre projects.

Forward-Looking Information and Statements

This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Tempus's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein may include, but are not limited to, the completion of the Delisting and the timing thereof, Tempus ceasing to be a reporting issuer in Canada, and the timing thereof, the future status of its projects in British Columbia and the Zamora projects in Ecuador, and the ability of Tempus to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.

Forward-Looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of Tempus to control or predict, that may cause Tempus' actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein and the other risks and uncertainties disclosed under the heading "Risk and Uncertainties" in the Company's Management's Discussion & Analysis for the quarter ended September 30, 2023 dated November 14, 2023 filed on SEDAR. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although Tempus believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements.

The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Tempus does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to Tempus or persons acting on its behalf are expressly qualified in its entirety by this notice.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/190323



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