| Talon Metals Completes the Sale of the São Jorge Royalty for C$2.5 million | |
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News Release
TSX:TLO
TALON METALS COMPLETES THE SALE OF THE SÃO JORGE ROYALTY FOR C$2.5 MILLION
Road Town, British Virgin Islands (August 25, 2015) - Talon Metals Corp. (TSX: TLO) (together with its Brazilian subsidiary, Talon Ferrous Mineração Ltda., "Talon" or the "Company") is pleased to announce that, further to the news release on August 17, 2015, the Company has completed the sale of the 1% net smelter returns royalty that the Company holds over the São Jorge Gold Project in Pará State, Brazil to Orion Mine Finance for gross proceeds of US$1.9 million (approximately C$2.5 million).
About Talon
Talon is a TSX-listed company focused on the exploration and development of the Tamarack Project in Minnesota, USA (which comprises the Tamarack North Project and the Tamarack South Project). The Company has a well-qualified exploration and mine management team with extensive experience in project management.
For additional information on Talon, please visit the Company's website at
www.talonmetals.com or contact:
Sean Werger
President
Talon Metals Corp.
Tel: (416) 361-9636 x247
Email: [email protected]
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Talon Metals Corp.
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EXPLORATION STAGE |
CODE : TLO.TO |
ISIN : VGG866591024 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Talon Metals is a gold exploration company based in Brazil. Talon Metals holds various exploration projects in Brazil. Its main exploration properties are SAO JORGE, TRAIRAO, CAMPO GRANDE, SERRITA PROJECT and AGUA BRANCA in Brazil. Talon Metals is listed in Canada and in United States of America. Its market capitalisation is CA$ 20.7 millions as of today (US$ 15.2 millions, € 14.2 millions). Its stock quote reached its highest recent level on April 01, 2011 at CA$ 3.14, and its lowest recent point on April 02, 2018 at CA$ 0.05. Talon Metals has 129 649 992 shares outstanding. |