Telson Mining Corp. is pleased to announce that it has closed the non?brokered private placement originally announced on February 23, 2021. "We are very please to deliver this exciting news to Telson shareholders and investors." States Ralph Shearing, President & CEO. "Closing this private placement as the first tranche of the Accendo Syndicate recently announced US $25 million funding package now allows us to immediately [...]
Telson Mining Corp. is pleased to announce that it has retained RB Milestone Group LLC to provide corporate communications advisory, non-deal roadshow advisory, market intelligence advisory, and business referrals to the management team of the Company. RBMG has been engaged for a term of 12 months. Cash fees will be paid based on the suite of services as may be requested and provided to Telson. RBMG is at arm's length to [...]
Telson Mining Corp. announces that pursuant to its Stock Option Plan, it has granted stock options to certain directors, officers, and insiders of up to an aggregate 4,700,000 shares in the capital stock of the Company. The options are exercisable on or before February 25, 2026 at a price of $0.30 per share, and the Company has also re-priced 1,873,333 stock options originally granted as to; 1,423,333 exercisable at $0.71 [...]
Telson Mining Corp. is very pleased to announce that it has executed a Letter of Intent with Accendo Banco, Empress Royalty Corp., & Endeavour Financial to provide up to US$25 million of financing to complete the construction and ramp-up of Telson's 100% owned Tahuehueto Gold Mine project , meet debt service obligations and for working capital purposes. Also, Telson, Accendo Syndicate and Trafigura Mexico S.A. de C.V [...]
Telson Mining Corp. is pleased to provide shareholders the preliminary production results for the fourth quarter 2020 of Campo Morado Mine located in state of Guerrero, Mexico. Campo Morado operations during Q4 2020 have shown a steady increase in production with December throughput production increasing to 57,081 tonnes of mineralized material being processed resulting in 3,756 tonnes of zinc concentrate and 740 tonnes [...]
Telson Mining Corp. is pleased to announce that it has initiated the transport of ore from its Tahuehueto Gold Project, located in Durango, Mexico, for mineral recovery at the Atocha toll mill, as part of a 3,500 tonne toll mill campaign. To date approximately 3,000 tonnes of ore has been delivered to the Atocha mill site and processing is scheduled to commence within the next several days upon delivery of the final [...]
Telson Mining Corp. is pleased to announce that it has executed a trust agreement with Trafigura Mexico S.A. de C.V. as mandated under the terms of the waiver request agreement entered into between both parties in April 2020. Terms of the Waiver Agreement were announced in the Company's April 17, 2020 news release. Under the terms of the Waiver Agreement, Trafigura waived all defaults plus deferred, all principal and [...]
Telson Mining Corp. is pleased to provide shareholders the preliminary production results for the third quarter 2020 of Campo Morado Mine located in state of Guerrero, Mexico. Campo Morado operations during Q3 2020 have shown a steady increase in production with September throughput production increasing to 52,352 tonnes of mineralized material being processed resulting in 3,123 tonnes of zinc concentrate and 671 tonnes [...]
Telson Mining Corp. is pleased to announce the appointment of Mr. Ruben Alvidrez Ortega to the Company's Board of Directors. Ruben Alvidrez Ortega Mr. Alvidrez Ortega is an Industrial Engineer with a master's degree in Business Administration at Notre Dame University. He has extensive experience in banking operations for commercial and corporate segments, specializing mainly in continuous improvement, risk and control, as [...]
Telson Mining announces the resignation from the Board of Directors by Mr. Remigio Martinez Muller for personal reasons. Sr. Martinez worked his whole professional career with Grupo Mexico starting in 1967 as a Mine Geologist in Taxco, Guerrero and ending as Grupo Mexico's Director of Exploration in 2013. From 2013 to 2016 he maintained an exclusive consultant position with Grupo Mexico and became an independent [...]
Telson Mining is pleased to update shareholders on the filing of its audited financial statements, management discussion and analysis and related certifications in respect of its financial year ended December 31, 2019 today its Q1 financials for the period ended March 31, 2020. As disclosed in previous news releases, COVID-19 related issues within Mexico caused delays in access to the Company's mine sites and slowed the [...]
Telson Mining is pleased to announce that it has closed the non-brokered private placement as announced July 02, 2020. The fully subscribed Private Placement has closed with the Company issuing 13,996,145 units at a price of $0.10 per Unit for gross proceeds of $1,399,615. Each Unit is comprised of one common share and one half of one whole transferable share purchase warrant. Each whole share purchase warrant entitles [...]
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