Vancouver, British Columbia--(Newsfile Corp. - June 28, 2021) - Altaley Mining Corporation (TSXV: ATLY) (OTC Pink: SOHFF) (FSE: TSGN) ("Altaley" or the "Company" is pleased to announce that the Company has executed debt restructuring agreements with Trafigura Mexico S.A. de C.V. and Nyrstar Canada (Holdings) Ltd., to restructure debt in the amount of US$26,027,240 under the summarized terms outlined below. This debt restructuring allows Altaley to move over US$20 million of the restructured amount from short term debt to long term debt to markedly improve its financial position.Key terms of t...
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") is pleased to announce that it will complete its name change to "Altaley Mining Corporation" on June 11, 2021, as previously announced in a news release dated May 10, 2021. The Company has received final acceptance from the TSX Venture Exchange (the "Exchange") for the name change. Effective June 11, 2021, the Company's common shares will continue trading on the Exchange under the new symbol "ATLY".The Company's management believes that ...
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") is pleased to announce the three months ended March 31, 2021 ("Q1 2021") management prepared financial results reflecting a $5.25 million operating profit, which reflects steady quarter over quarter improved operating results over the last year of operations at the Company's Campo Morado Mine. All financial information included in this release are reported in Canadian dollars, unless otherwise stated.Q1 2021 Financial Highlights Mine qu...
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") announces that pursuant to its Stock Option Plan, it has granted incentive stock options to newly appointed directors totalling 2,000,000 shares in the capital stock of the Company. The options will be exercisable at a price of $0.45 per share for a period of 5 years. The options will vest under the terms of the Company's Stock Option Plan with one-third vesting immediately, one-third within 6 months, and the remaining balance will ves...
Vancouver, British Columbia--(Newsfile Corp. - May 10, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company" is pleased to announce a restructuring of its Board of Directors, the execution of a Financial Advisory Agreement with Endeavour Financial and a corporate name change, all to better reflect and support the current growth of the Company as it continues construction of its flagship Tahuehueto Gold mine, improves efficiencies and metal recoveries at its Campo Morado operating mine and progresses on its development towards becoming a mid-tier...
Silver Stream AgreementVancouver, British Columbia--(Newsfile Corp. - May 3, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") is pleased to announce that the Company has received the initial US$2M proceeds from the total US$5M silver stream agreement (the "Stream") with Empress Royalty Corp ("Empress") for its Tahuehueto project in Durango, Mexico, as first announced in its news release.The Stream is part of a US$25M full financing solution being provided by Empress, Accendo Banco ("Accendo") and Endeavour Financial ("Endeavour"). The US...
Campo Morado Royalty PurchaseVancouver, British Columbia--(Newsfile Corp. - April 26, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") is pleased to announce that the Company has closed the purchase of the Nyrstar Campo Morado Variable Purchase Price Royalty (the "VPP Royalty). Details of the transaction were previously announced on . Telson has issued 14,600,000 shares at the negotiated price of C$0.345 per share, which was roughly a 64% premium to Telson's trading price as of Feb 22, 2021, the date the parties executed the VPP Royalty a...
Vancouver, British Columbia--(Newsfile Corp. - April 23, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") announces that as part of its debt restructuring initiative it has finalized terms on the first of several of its loan agreements to be restructured. Telson will be restructuring debt owed to Estrategica Corporativa en Finanzas, S.A.P.I de C.V. ("Escorfin") that was originally issued under a Mexican Peso line of credit agreement dated July 22, 2016. As previously disclosed Telson was not able to meet its contractual repayment obligat...
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") is pleased to announce the execution of the US$5M silver stream agreement (the "Stream Agreement") with Empress Royalty Corp. ("Empress") previously announced in its news release dated .The Agreement Under the terms of the Stream Agreement, Telson will deliver to Empress silver credits purchased from a bullion bank in an amount equivalent to 100% of the first 1,250,000 ounces of payable silver contained within produced lead and zinc co...
Vancouver, British Columbia--(Newsfile Corp. - April 6, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC PINK: SOHFF) (FSE: TSGN) ("Telson" or the "Company") (formerly SQ82) is pleased to provide shareholders the preliminary production results for the quarter ended March 31, 2021 ("Q1 2021") of Campo Morado Mine located in state of Guerrero, Mexico.Campo Morado operations during Q1 2021 have shown steady production averaging a throughput of 58.1 thousand tonnes of mineral processed per month, resulting in a total production for the quarter of 11,013 tonnes of zinc concentrate and 1,907 tonne...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Telson Mining Corporation (TSX Venture – TSN.V): Highlights: Tahuehueto Toll Milling processed 9,503 tonnes of ore during first three months 2018, “Q1”, Average Head Grade of ore milled in Q1 2018 was 5.44 g/t gold, 61.59 g/t silver, 4.54% zinc, 2.25% lead. Average payable recoveries of ore processed in Q1 2018 – 79.4% gold, 85.7% silver, 84.4% lead, 76.4% zinc. Produced 360.29 tonnes of lead concentrate ...
VANCOUVER, British Columbia--(BUSINESS WIRE)-- Telson Mining Corporation (“Telson” or the “Company”) (TSX Venture: TSN.V)(OTCBB: SOHFF)(Frankfurt: TSGN.F)(Shares Issued: 125,726,075) is pleased to present pre-production results of development mining, concentrate production and metallurgical balances for the first three months of 2018 at its 100% owned Campo Morado Mine ("Campo Morado" or the "Project") located in Guerrero State, Mexico. Campo Morado 1st Quarter 2018 Preproduction Highlights Mill proce...
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