Talon Metals Reports Results for the Year Ended December 31, 2018
Road Town, British Virgin Islands--(Newsfile Corp. - March 28, 2019) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") reported a net loss for the year ended December 31, 2018 of $9.4 million or $0.07 per share (basic and diluted), which was primarily the result of a loss on the fair value revaluation of the Resource Capital Fund VI L.P. unsecured convertible loan and administration expenses. This compares to a net loss for the year ended December 31, 2017 of $3.2 million or $0.02...
2019-03-28 7:44 PM EDT
Talon Makes Initial US$6 Million Payment to Kennecott Exploration (A Subsidiary of the Rio Tinto Group)
Road Town, British Virgin Islands--(Newsfile Corp. - March 13, 2019) - Talon Metals Corp. (TSX: TLO) announced today that its wholly owned indirect subsidiary, Talon Nickel (USA) LLC (collectively, "Talon" or the "Company"), has made the initial upfront payment of US$6 million to Kennecott Exploration Company ("Kennecott"), a subsidiary of the Rio Tinto Group, in respect of the option agreement previously entered into with Kennecott on November 7, 2018 (the "Option Agreement"). Talon has also...
2019-03-13 12:11 PM EDT
Talon Announces Financing Transactions and Conversion of Outstanding Debt Facilities
Road Town, British Virgin Islands--(Newsfile Corp. - March 7, 2019) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") is pleased to announce that it has raised a total of C$9.825 million. The Company expects to close an additional tranche in the amount of C$350,000 which in aggregate will result in the Company raising a total of C$10.175 million. These funds will be used to, among other things, make the initial payment under its existing joint venture agreement in respect of the...
2019-03-07 3:45 PM EST
Talon Announces Extension Agreement with Kennecott Exploration (A Subsidiary of the Rio Tinto Group)
Road Town, British Virgin Islands--(Newsfile Corp. - February 28, 2019) - Talon Metals Corp. (TSX: TLO) announced today that its wholly owned indirect subsidiary, Talon Nickel (USA) LLC (collectively, "Talon" or the "Company"), has entered into an extension agreement (the "Extension Agreement") in respect of the option agreement (the "Option Agreement") previously entered into with Kennecott Exploration Company ("Kennecott") on November 7, 2018. Pursuant to the Extension Agreement, the...
2019-02-28 7:45 AM EST
Talon Announces Extension Agreement with Kennecott Exploration (A Subsidiary of the Rio Tinto Group)
Road Town, British Virgin Islands--(Newsfile Corp. - February 4, 2019) - Talon Metals Corp. (TSX: TLO) announced today that its wholly owned indirect subsidiary, Talon Nickel (USA) LLC (collectively, "Talon" or the "Company"), has entered into an extension agreement (the "Extension Agreement") in respect of the option agreement (the "Option Agreement") previously entered into with Kennecott Exploration Company ("Kennecott") on November 7, 2018. Pursuant to the Extension Agreement, the Company...
2019-02-04 10:05 AM EST
Talon Metals Announces Initial NI 43-101 Technical Report for the Tamarack South Project
The drilling at the Tamarack South Project has shown that the magmatic layering of the FGO (Fine Grain Olivine) intrusive (original sulphide bearing peridotite) is consistent with the magmatic layering at the Tamarack North Project. Massive sulphide intersections proximal to the FGO footwall contact, similar to the Tamarack North Project, have been encountered in three of seven drill holes spaced 300 m and
2018-11-29 2:13 PM EST
Talon Metals Announces Results of Initial PEA and Follow-Up Exploration Plans at the Tamarack High Grade Nickel-Copper-Cobalt Project
Tortola, British Virgin Islands--(Newsfile Corp. - November 12, 2018) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") is pleased to announce that it has completed an initial Preliminary Economic Assessment (the "Initial PEA") over a subset of the mineral resource estimate within the Tamarack Zone (located at the Tamarack North Project, Minnesota, USA). The Company is also pleased to announce its plan to follow-up on nearby high-grade Ni-Cu-Co intercepts to determine the extent of...
2018-11-12 1:31 PM EST
Talon Metals Reports Third Quarter 2018 Results
Road Town, British Virgin Islands--(Newsfile Corp. - November 8, 2018) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") reported a net loss for the three months ended September 30, 2018 of $1.7 million or $0.01 per share (basic and diluted). This compares to a net loss for the three months ended September 30, 2017 of $0.7 million or $0.01 per share (basic and diluted). The losses during both periods are primarily the result of the fair value revaluation of the Resource Capital Fund...
2018-11-08 7:17 AM EST
IIROC Trade Resumption - Talon Metals Corp.
Toronto, Ontario--(Newsfile Corp. - November 7, 2018) - Trading resumes in: Company: Talon Metals Corp.
2018-11-07 2:00 PM EST
Talon Enters into Option Agreement with Kennecott Exploration (A Subsidiary of the Rio Tinto Group) to Acquire up to a 60% Interest in the Tamarack Project
Road Town, British Virgin Islands--(Newsfile Corp. - November 7, 2018) - Talon Metals Corp. (TSX: TLO) announced today that its wholly owned indirect subsidiary, Talon Nickel (USA) LLC (collectively, "Talon" or the "Company"), has entered into an option agreement (the "Option Agreement") with Kennecott Exploration Company ("Kennecott"), a subsidiary of the Rio Tinto Group, pursuant to which Talon will have the right to acquire up to a 60% interest in the Tamarack Project on the satisfaction...
2018-11-07 1:51 PM EST
Talon Metals Reports Second Quarter 2018 Results
Road Town, British Virgin Islands--(Newsfile Corp. - August 10, 2018) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") reported a net loss for the three months ended June 30, 2018, of $2.4 million or $0.02 per share (basic and diluted). This compares to a net loss for the three months ended June 30, 2017, of $1.7 million or $0.01 per share (basic and diluted). The losses during both periods are primarily the result of the fair value revaluation of the Resource Capital Fund VI L.P....
2018-08-10 5:00 PM EDT
Talon Metals Announces Results of AGM
Road Town, British Virgin Islands--(Newsfile Corp. - July 26, 2018) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") is pleased to announce the results of its annual and special meeting of shareholders ("AGM") held today in St. Michael, Barbados. All of the nominee directors listed in Talon's management information circular dated June 25, 2018 (the "Circular") were elected as directors. The results of the shares voted in respect of the election of each director were as follows: Name...
2018-07-26 11:13 AM EDT
Talon Metals Enters into Loan Extension with Resource Capital Funds
Road Town, British Virgin Islands--(Newsfile Corp. - June 26, 2018) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") announced today that it has entered into an agreement (the "Loan Extension") with Resource Capital Fund VI L.P ("RCF") to extend the maturity date of the current $16 million convertible loan facility (the "Convertible Loan") with the Company to April 2, 2019. All other terms and conditions of the Convertible Loan will remain in full force and effect. In addition to...
2018-06-26 7:45 AM EDT
Talon Metals Update: Drill Results Received for the 480 and 221 Zones at Tamarack
Road Town, British Virgin Islands--(Newsfile Corp. - June 21, 2018) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") is pleased to provide an update on the Tamarack Nickel-Copper-PGE project ("Tamarack Project"), located in Minnesota, USA. The Tamarack Project comprises the Tamarack North Project and the Tamarack South Project. Final Drill Results from the 2018 Tamarack Winter Exploration Program This press release concludes the reporting of results from the 2018 Tamarack Winter...
2018-06-21 7:45 AM EDT
Talon Metals Postpones Annual Meeting
Road Town, British Virgin Islands--(Newsfile Corp. - June 4, 2018) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") announced today that it will be postponing the annual and special meeting of its shareholders scheduled for June 20, 2018, as the Company is currently considering other special business that might properly require shareholder approval. The new meeting date is scheduled for July 26, 2018 at 10:00 am (Barbados time). The record date for the new meeting will be June 21,...
2018-06-04 7:45 AM EDT
Talon Metals Reports Results for the Three Months Ended March 31, 2018
Road Town, British Virgin Islands--(Newsfile Corp. - May 11, 2018) - Talon Metals Corp. ("Talon" or the "Company") (TSX: TLO) reported a net loss for the three months ended March 31, 2018 of $2.0 million or $0.02 per share (basic and diluted), which was primarily the result of a loss on the fair value revaluation of the Resource Capital Fund VI L.P. unsecured convertible loan and administration expenses. This compares to a net loss for the three months ended March 31, 2017 of $1.9 million or...
2018-05-11 4:30 PM EDT
Talon Metals Reports Results for the Year Ended December 31, 2017
Road Town, British Virgin Islands--(Newsfile Corp. - April 2, 2018) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") reported a net loss for the year ended December 31, 2017 of $3.2 million or $0.02 per share (basic and diluted), which was primarily the result of a loss on the fair value revaluation of the Resource Capital Fund VI L.P. unsecured convertible loan and administration expenses. This compares to net loss for the year ended December 31, 2016 of $1.4 million or $0.01 per...
2018-04-02 4:45 PM EDT
Talon Metals Receives USD$1 Million from Resource Capital Fund
Road Town, British Virgin Islands--(Newsfile Corp. - March 29, 2018) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") is pleased to announce that it has entered into an unsecured non-convertible promissory note in the amount of USD$1,000,000 (the "Promissory Note") with Resource Capital Fund VI LP ("RCF"). The Promissory Note matures on November 25, 2018 and carries an interest rate of 12% per annum. No finder's fees or other commissions or fees are payable in connection with the...
2018-03-29 1:30 PM EDT
Talon Metals Files Updated National Instrument 43-101 Technical Report on the Tamarack North Project
Road Town, British Virgin Islands--(Newsfile Corp. - March 26, 2018) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") is pleased to announce that it has filed an updated technical report (the "Technical Report") prepared in accordance with National Instrument 43-101 - Standards for Disclosure for Mineral Projects ("NI 43-101") in respect of the Tamarack North Project located in Minnesota, USA. Talon currently owns an 18.45% interest in the Tamarack Project, which is comprised of the...
2018-03-26 6:30 PM EDT
Talon Metals and Kennecott Form the Mining Venture and Agree to Accelerate the Winter Exploration Program at Tamarack
Road Town, British Virgin Islands--(Newsfile Corp. - January 11, 2018) - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") is pleased to provide an update on the Tamarack Nickel-Copper-PGE project ("Tamarack Project"), located in Minnesota, USA. The Tamarack Project comprises the Tamarack North Project and the Tamarack South Project. Talon and Kennecott Exploration Company ("KEX") have made certain amendments to the Exploration and Option Agreement and the Mining Venture Agreement to...
2018-01-11 7:50 AM EST