Summa Silver Corp. is pleased to announce that it is increasing the size of its previously announced brokered private placement offering of Units of the Company at a price of $0.90 per Unit for gross proceeds of up to $10,000,000 . The Offering is being conducted by Research Capital Corporation and Eventus Capital Corp., as co-lead agents and joint bookrunners . Participation in the Offering is expected to include Mr [...]
Talon Metals Corp. is pleased to announce that the Corporation has entered into an agreement with a syndicate of underwriters led by TD Securities Inc. pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 38,200,000 common shares of the Corporation at a price of $0.72 per Share for aggregate gross proceeds of approximately $27.5 million . The Corporation has granted the Underwriters an [...]
United Steelworkers International President Tom Conway released the following statement today in response to Talon Metals' six-year agreement to supply a major customer with nickel from its Tamarack Project in central Minnesota: "This agreement represents an important step forward for the Tamarack mining project, providing the security and stability of a long-term customer. "The USW reached its own agreement with Talon [...]
Talon Metals has entered into an agreement to supply Tesla with nickel from the Tamarack Project in central Minnesota Talon Metals Corp. , through its U.S. subsidiary Talon Nickel LLC , has entered into an agreement with Tesla Inc. for the supply and purchase of nickel concentrate to be produced from the Tamarack Nickel Project in Aitkin County, Minnesota. The execution of the agreement follows an extensive and detailed [...]
Enhances financial optionality to progress towards a pre-feasibility study while targeting new areas of nickel-copper mineralization to establish 'district' status Talon Metals Corp. is pleased to provide an update on the Tamarack Nickel-Copper-Cobalt Project , located in central Minnesota. "Over the last year, our in-house team and drilling assets consistently delivered high-grade nickel-copper mineralization at the [...]
Talon positioned to raise funds to support further exploration, climate strategy and project development Talon Metals Corp. is pleased to announce that it has filed a final short form base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada. "While the Talon team continues to progress the high-grade Tamarack Nickel Project towards permitting and production, global [...]
Assay results continue to define high nickel & copper grades outside main resource area Talon Metals Corp. is pleased to provide an update on the Tamarack Nickel-Copper-Cobalt Project , located in central Minnesota. Figure 1: 15.32 meters grading 6.06% Ni and 2.51% Cu To view an enhanced version of Figure 1, please visit: https://orders.newsfilecorp.com/files/2443/105765_9f91bc73046d0bb0_001full.jpg Most recent assay [...]
Talon Metals Corp. , the majority owner and operator of the Tamarack Nickel-Copper-Cobalt Project in central Minnesota, commends President Joe Biden and the U.S. Congress for passing bipartisan infrastructure legislation . President Biden signed the bipartisan legislation into law today. The legislation contains significant funding support for electric vehicle adoption, EV battery charging infrastructure and over US $6 [...]
Talon Metals Corp. reported a net loss for the three months ended September 30, 2021 of $1.5 million or $nil per share , which was primarily the result of administration expenses and stock option compensation. This compares to a net loss for the three months ended September 30, 2020 of $0.5 million or $nil per share , which was primarily the result of administration expenses. The Company's net loss for the nine month [...]
Pallinghurst Group and Resource Capital Fund VI L.P. Each Appoint Board Members Talon Metals Corp. , the majority owner and operator of the Tamarack Nickel-Copper-Cobalt Project in central Minnesota, is pleased to announce that Arne Frandsen, Managing Partner & Co-Founder of the Pallinghurst Group and Frank Wheatley, Chief Executive Officer of Wheatley Advisors, will join Talon's board of directors with immediate effect [...]
13 New Drill Holes Show Prospective Grades and Size Outside Main Resource Area Talon Metals Corp. is pleased to provide an update on drill results from the Tamarack Nickel-Copper-Cobalt Project , located in Minnesota, USA. Figure 1: Drill hole 21TK0311 assayed 3.50% Ni, 1.40% Cu over 4.35 meters starting at only 234.5 meters depth. To view an enhanced version of Figure 1, please visit [...]
Talon Metals Corp. has completed the next phase of its agreement with Rio Tinto to become the majority owner and operator of the Tamarack Nickel-Copper-Cobalt Project , located in central Minnesota. The Tamarack Nickel Project is currently the only known undeveloped high-grade nickel deposit in the United States. In accordance with a November 2018 agreement between a subsidiary of Talon and a subsidiary of Rio Tinto that [...]