CAPITAL MARKETS

Sprott backs Tempus' Canadian efforts

SPROTT Asset Management and an unidentified Asia-based specialist resources fund are two of the sophisticated and institutional investors backing a A$4 million bookbuild completed by junior explorer Tempus Resources to fund its exploration efforts in North and Central America.

 Tempus is planning to ramp up exploration in Canada.

Tempus is planning to ramp up exploration in Canada.

The placement will raise an initial $1 million for the Zamora copper-gold in Ecuador under the two-year-old company's available capacity at 13c and, pending shareholder approval, a second tranche priced...

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