Telson to Complete Name Change and Commence Trading Under "ATLY" Effective June 11, 2021
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") is pleased to announce that it will complete its name change to "Altaley Mining Corporation" on June 11, 2021, as previously announced in a news release dated May 10, 2021. The Company has received final acceptance from the TSX Venture Exchange (the "Exchange") for the name change. Effective June 11, 2021, the Company's common shares will continue...
2021-06-09 5:00 AM EDT
Telson Announces Financial and Operating Results for the 1st Quarter 2021
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") is pleased to announce the three months ended March 31, 2021 ("Q1 2021") management prepared financial results reflecting a $5.25 million operating profit, which reflects steady quarter over quarter improved operating results over the last year of operations at the Company's Campo Morado Mine. All financial information included in this release are reported in Canadian dollars,...
2021-05-28 5:00 AM EDT
Telson Grants Stock Options to New Directors
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") announces that pursuant to its Stock Option Plan, it has granted incentive stock options to newly appointed directors totalling 2,000,000 shares in the capital stock of the Company. The options will be exercisable at a price of $0.45 per share for a period of 5 years. The options will vest under the terms of the...
2021-05-19 7:59 PM EDT
Telson Announces Restructure of Board of Directors, Corporate Name Change and Engagement of Endeavour Financial as Financial Advisor
Vancouver, British Columbia--(Newsfile Corp. - May 10, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company" is pleased to announce a restructuring of its Board of Directors, the execution of a Financial Advisory Agreement with Endeavour Financial and a corporate name change, all to better reflect and support the current growth of the Company as it continues construction of its flagship Tahuehueto Gold mine, improves efficiencies and metal recoveries at its Campo Morado...
2021-05-10 5:00 AM EDT
Telson Receives Initial US$2 Million from Empress Royalty and Releases 2020 Financial Results
Silver Stream AgreementVancouver, British Columbia--(Newsfile Corp. - May 3, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") is pleased to announce that the Company has received the initial US$2M proceeds from the total US$5M silver stream agreement (the "Stream") with Empress Royalty Corp ("Empress") for its Tahuehueto project in Durango, Mexico, as first announced in its February 23, 2021 news release.The Stream is part of a US$25M full financing solution being...
2021-05-03 5:00 AM EDT
Telson Closes Purchase of Nyrstar Variable Purchase Price Royalty at Campo Morado & Accelerates Construction at Tahuehueto
Campo Morado Royalty PurchaseVancouver, British Columbia--(Newsfile Corp. - April 26, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") is pleased to announce that the Company has closed the purchase of the Nyrstar Campo Morado Variable Purchase Price Royalty (the "VPP Royalty). Details of the transaction were previously announced on February 23, 2021. Telson has issued 14,600,000 shares at the negotiated price of C$0.345 per share, which was roughly a 64% premium...
2021-04-26 5:00 AM EDT
Telson Negotiates Escorfin Loan Restructure
Vancouver, British Columbia--(Newsfile Corp. - April 23, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") announces that as part of its debt restructuring initiative it has finalized terms on the first of several of its loan agreements to be restructured. Telson will be restructuring debt owed to Estrategica Corporativa en Finanzas, S.A.P.I de C.V. ("Escorfin") that was originally issued under a Mexican Peso line of credit agreement dated July 22,...
2021-04-23 4:00 PM EDT
Telson Finalizes Empress Royalty Silver Stream Agreement
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") is pleased to announce the execution of the US$5M silver stream agreement (the "Stream Agreement") with Empress Royalty Corp. ("Empress") previously announced in its news release dated February 23, 2021.The Agreement Under the terms of the Stream Agreement, Telson will deliver to Empress silver credits purchased from a bullion bank in an amount equivalent to 100% of...
2021-04-16 5:00 AM EDT
Telson Reports Campo Morado Q1 2021 Production
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC PINK: SOHFF) (FSE: TSGN) ("Telson" or the "Company") (formerly SQ82) is pleased to provide shareholders the preliminary production results for the quarter ended March 31, 2021 ("Q1 2021") of Campo Morado Mine located in state of Guerrero, Mexico.Campo Morado operations during Q1 2021 have shown steady production averaging a throughput of 58.1 thousand tonnes of mineral processed per month, resulting in a total production for...
2021-04-06 5:00 AM EDT