Telson Mining Corp. ) is pleased to report that it has received US$5 million for the second tranche of the loan agreement with Trafigura Mexico S.A. de C.V. , advanced under the Loan Facility and Offtake Agreement originally announced by the Company Dec 18, 2017, for the rehabilitation, construction, operation and working capital of the Tahuehueto [...]
Telson Mining Corp. ) would like to issue a correction to its news release issued today reporting the conclusion of a renewable power purchase agreement “Green Energy Agreement” for Campo Morado mine. It was incorrectly reported that the estimated equivalent value converted to Canadian dollars was CAD$0.72 per kilowatt hour . The [...]
Telson Mining Corp. ) is pleased to report concluding a renewable power purchase agreement “Green Energy Agreement” for Campo Morado mine. Highlights A 10-year term take-or-pay purchase agreement for renewable sources generated electrical energy at a cost of MXN$1.10 per kilowatt hour or equivalent to CAD$0.72 per kWh at current [...]
Telson Mining Corp. ) is pleased to announce that it has closed its non-brokered private placement financing consisting of 9,124,805 Units of the Company at a price of $0.75 per Unit for gross proceeds of $6,843,603. The financing was originally announced in a press release dated September 26, 2018 and was closed over-subscribed by 458,138 units [...]
Telson Mining Corp. ) is pleased to provide the following update on the progress of underground development at its Tahuehueto Mine development project. Underground development is primarily focused on accessing the strongly mineralized El Creston structure hosting multiple veins and its sub-parallel El Perdido vein structure. The company has been [...]
Telson Mining Corp. ) is pleased to announce that it has arranged a non-brokered private placement financing to raise gross proceeds of up to Cdn$6.5 million aimed at finalizing construction of its 100% owned Tahuehueto Mine. Private Placement Details Pursuant to the private placement, up to 8,666,667 Units will be issued at a price of CAD $0.75 [...]
Telson Mining Corp. ) is pleased to provide the following corporate update. Several scheduled upgrades were recently made in the mill processing plant installations, including among others: i) changing of ball mill liners with newly designed liners that allow for the replacement of the past 5" ball that were being used, with 3” balls, which [...]
Ralph Shearing, President & Director of Telson Mining Corp. , speaks on their two Mexican precious metals projects. https://youtu.be/7x_pxYJeRwI If you cannot view the video above, please visit: https://www.b-tv.com/telson-mining-ceo-clip-90sec/ Telson Mining Corp. is being featured on CBC's Documentary Channel the weeks of Aug. 27 — Sept. 9, 2018 [...]
Telson Mining Corp. is pleased to present the following update for activities at its 100% owned Campo Morado mine: Total mill throughput in Q2 of 162.5kt, a 9.3% increase from Q1 11.9 kdmt of zinc concentrate in Q2. 45.1% increase from Q1 1.9 kdmt of lead concentrate in Q2. 35.7% increase from Q1 8.6 kt of zinc in the zinc concentrate. 53.6 [...]
Telson Mining Corp. ) is pleased to announce that on June 6, 2018 it paid US$8 million to Nyrstar Mining Ltd. as a partial payment under its Share Purchase Agreement dated April 27, 2017 and has entered into a Loan Agreement dated June 13, 2018 with Nyrstar Canada Ltd that effectively converts the final US$8.5 million due under the Acquisition [...]
Telson Mining Corp. ) is pleased to announce that it has been approved for graduation from Tier 2 issuer status to Tier 1 issuer status by the TSX Venture Exchange. Telson will commence trading as a Tier 1 issuer on the TSX Venture Exchange on Tuesday May 29, 2018. Tier 1 is the premier tier on the TSX Venture Exchange and is reserved for the most [...]