Altaley Mining Corp. Ltd., to restructure debt in the amount of US$26,027,240 under the summarized terms outlined below. This debt restructuring allows Altaley to move over US$20 million of the restructured amount from short term debt to long term debt to markedly improve its financial position. Key terms of the restructuring are outlined in the [...]
Telson Mining Corp. 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 for the name change. Effective June 11, 2021, the Company's common shares will [...]
Telson Mining Corp. is pleased to announce the three months ended March 31, 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 [...]
Telson Mining Corp. 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 Company's Stock [...]
Telson Mining Corp. 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 [...]
Telson Mining Corp. is pleased to announce that the Company has received the initial US$2M proceeds from the total US$5M silver stream agreement with Empress Royalty Corp. 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 provided by [...]
Telson Mining Corp. is pleased to announce that the Company has closed the purchase of the Nyrstar Campo Morado Variable Purchase Price 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 to Telson's [...]
Telson Mining Corp. 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. that was originally issued under a Mexican Peso line of credit agreement dated July [...]
Telson Mining Corp. is pleased to announce the execution of the US$5M silver stream agreement with Empress Royalty Corp. 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 [...]
Telson Mining Corp. is pleased to provide shareholders the preliminary production results for the quarter ended March 31, 2021 of Campo Morado Mine located in state of Guerrero. 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 [...]
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 [...]
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 [...]
