Thelon Capital is pleased to announce that it has entered into a MOU to purchase 100% of a Private Federal Corporation, 8824479 Canada Inc. Holdco has the exclusive option to purchase a 30% interest in The Cannabinoid Medical Clinic. THC will advance $200,000 to Holdco to secure a 45-day due diligence period to enter into a definitive agreement [...]
Thelon Capital is pleased to announce, as part of its ongoing evaluation of new opportunities, that it has entered into a Memorandum of Understanding with Canadian Mining Company to test its Zeolite in the growing of Medical Marijuana. THC will have an option to earn up to a 50% interest in The Sun Group Zeolite Project in Princeton B.C. Mr. Scott [...]
Thelon Capital is pleased to announce, as part of its ongoing evaluation of new opportunities, that it has entered into an arrangement with Net Gram Royalty Co. ("NGR"), a private consultant, to further explore and to help negotiate Net Gram Royalty agreements with various licensed producers. Mr. Scott Walters says "We are excited to work with NGR [...]
Thelon Capital announces that it has received $1 million dollars from the exercise of share holder warrants. The company would also like to announce that Mr. Scott Walters has been appointed President and CEO of the Company. Mr. Walsh will remain as a Director. The Company continues to evaluate new projects, including, but not limited to [...]
Thelon Capital is pleased to announce that Mr. Scott Walters has joined the Board of Directors of the company. Mr. Walters is a senior management consultant to private and public companies in the agri-mining and agri-pharmaceutical space. Scott provides leadership advisory and due diligence for issuers as well as institutional clients investing in [...]
Thelon Capital - The Company is pleased to announce that it has been notified by its Joint Venture Partner Peregrine Diamonds Ltd. that they have discovered a new kimberlite, the LD-1 Kimberlite on its Lac de Gras Diamond project 12 km west of the Diavik Diamond Mine. A core hole drilled at an inclination of 50 degrees from horizontal intersected [...]
Thelon Capital would like to report it has applied to extend the warrant expiration date of 648,000 warrants issues on Feb 26, 2010 exercisable at $0.30. The new expiry date will be March 26, 2013. The company would also like to announce that effective Feb 14, 2012 George Heard has resigned as Director and CEO. Jason Walsh will resume the role of [...]
Thelon Capital is pleased to announce that it has engaged Primoris Group Inc. to provide media relations services to the Company. Primoris Group is a Toronto-based investor and media relations firm. Under the leadership of principals Joseph Carusone and Nick Boutsalis, Primoris Group will provide the Company with a full range of media relations [...]
Thelon Capital is pleased to announce that it has arranged a $25 million Royalty Stream Debt Facility with Waterton Global Value, a mining-focused investment group based in Toronto. 'We are very excited to have the opportunity to work with Waterton on this project and to have them as financial partners,' stated Jason Walsh, President of Thelon. The [...]
Thelon Capital is pleased to announce that it has, through its wholly-owned subsidiary, Clear Fork Mining, signed a second lease agreement with a private contractor to mine a second 600-acre section of its Jellico Coal Project, known as Miller Mt. It is scheduled to start production in calendar 2012. This mine site is projected to produce an [...]
Thelon Capital is pleased to announce that it has retained Deutsche Investor-Relations GmbH to provide investor relations and corporate communications services in Europe. DIRG is a Berlin-based investor relations firm that provides a multitude of investor relations services to publically traded companies looking to establish and maintain support in [...]
Thelon Capital is pleased to announce that it has closed the second traunch of $3,137,500 for a total of $4,762,900 non-brokered private placement at $0.45 a unit announced March 1, 2011. Each unit will consist of one common share and one 2-year share purchase warrant exercisable at $1.00 the first year and $1.25 the second. The shares will have a [...]