Talon Metals Corp. reported a net loss for the three months ended June 30, 2019 of $0.8 million or nil per share . This compares to a net loss for the three months ended June 30, 2018 of $2.4 million or $0.02 per share . The loss during the three months ended June 30, 2019 was primarily the result of administration expenses and stock option compensation expense. The loss during the three months ended June 30, 2018 was [...]
Tortola, Talon Metals Corp. is pleased to announce that it has sized its overnight marketed public offering of common shares at $10 million pursuant to the terms of an underwriting agreement entered into today between the Corporation and a syndicate of underwriters co-led by Paradigm Capital Inc. and Canaccord Genuity Corp. and including Leede Jones Gable Inc. . The Corporation has agreed with the Underwriters to sell [...]
Talon Metals Corp. is pleased to announce that it has filed a preliminary short form prospectus in connection with an overnight marketed public offering of common shares , for anticipated aggregate gross proceeds of up to approximately $10 million. It is anticipated that the offering price of the Common Shares will be $0.17 per Common Share. The Offering is being conducted by a syndicate of underwriters , co-led by [...]
Talon Metals Corp. is pleased to provide an update on the Tamarack Nickel-Copper-Cobalt project , located in Minnesota, USA. The Tamarack Project comprises the Tamarack North Project and the Tamarack South Project. In the ongoing process of defining targets, the Company has recently interpreted a new Borehole Electro-Magnetic anomaly from drill hole 16TK0250 in the 138 Zone . Figure 1: Map in plan view of the geology of [...]
Talon Metals Corp. is pleased to announce the results of its annual and special meeting of shareholders held today in St. Michael, Barbados. All of the nominee directors listed in Talon's management information circular dated May 28, 2019 were elected as directors. The results of the shares voted in respect of the election of each director were as follows: Name of Nominee Votes For Votes Withheld Luis Mauricio F. de [...]
Talon Metals Corp. is pleased to provide an update on the Tamarack Nickel-Copper-Cobalt project , located in Minnesota, USA. The Tamarack Project comprises the Tamarack North Project and the Tamarack South Project. In the ongoing process of defining targets, the company has recently interpreted a new downhole Electro-Magnetic anomaly from hole 17TK0259 in the 164 zone . Figure 1: Map in plan view of the geology Tamarack [...]
Talon Metals Corp. is pleased to provide an update on the Tamarack Nickel-Copper-Cobalt project , located in Minnesota, USA. The Tamarack Project comprises the Tamarack North Project and the Tamarack South Project. In the ongoing process of prioritizing multiple exploration targets, the Company identified a new conductor using Magneto-Metric Resistivity . This conductor could represent an extension of the Massive Sulphide [...]
Talon Metals Corp. reported a net loss for the three months ended March 31, 2019 of $2.8 million or $0.01 per share , which was primarily the result of a loss on the fair value revaluation of the Resource Capital Fund VI L.P. unsecured convertible loan , stock option compensation and administration expenses. This compares to a net loss for the three months ended March 31, 2018 of $2.0 million or $0.02 per share , which [...]
Talon Metals Corp. is pleased to announce the completion of a non-brokered private placement of 20,235,000 common shares at a price of $0.0868 per common share for aggregate gross proceeds of $1.75 million. A finder's fee of 6% cash and 6% warrants are payable in connection with certain orders under the private placement. Each Warrant is exercisable to acquire one common share for a period of 36 months following the [...]
Talon Metals Corp. is pleased to provide an update on the Tamarack high-grade nickel-copper-cobalt project , located in Minnesota, USA. The Tamarack Project comprises the Tamarack North Project and the Tamarack South Project. As part of the progression of the project through to the next key study phase, and due to the high-grade nature and spatial separation of the Massive Sulphide Unit , Talon is considering multiple [...]
Talon Metals Corp. is pleased to announce that on May 2, 2019, the Company made a presentation concerning the Tamarack high grade nickel-copper-cobalt project located in Minnesota, USA to various members of U.S. government, electric vehicle battery and automobile manufacturers at the Benchmark Minerals Summit 2019 . The Summit was entitled "Securing 21st Century U.S. Supply Chains for EVs and Energy Storage". A copy of [...]
Talon Metals Corp. reported a net loss for the year ended December 31, 2018 of $9.4 million or $0.07 per share , 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 per share , which was primarily the result of a loss on [...]