Suche
 
Folgen Sie uns auf:

Talon Metals Reports Results for the Year Ended December 31, 2020

31.03.2021  |  Newsfile

Road Town, March 30, 2021 - Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") reported a net loss for the year ended December 31, 2020 of $2.7 million or $0.01 per share (basic and diluted), which was primarily the result of administration expenses.

This compares to a net loss for the year ended December 31, 2019 of $4.0 million or $0.01 per share (basic and diluted), which was primarily the result of administration expenses, stock option compensation and a loss on the fair value revaluation of the Resource Capital Fund VI L.P. unsecured convertible loan.

Capitalized exploration costs and deferred expenditures on the Tamarack Nickel-Copper-Cobalt Project for the year ended December 31, 2020 amounted to $10.4 million. This compares to $17.3 million for the year ended December 31, 2019. The total capitalized exploration cost on the Tamarack Nickel-Copper-Cobalt Project to December 31, 2020 amounts to $60.8 million.

Consolidated Audited Financial Statements for the years ended December 31, 2020 and 2019, together with Management's Discussion and Analysis and the Company's Annual Information Form, have been filed on SEDAR and are available at www.sedar.com.

All amounts are presented in Canadian dollars.

ABOUT TALON

Talon is a TSX-listed base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in Minnesota, USA, comprised of the Tamarack North Project and the Tamarack South Project. Talon has an earn-in to acquire up to 60% of the Tamarack Project. The Tamarack Project comprises a large land position (18km of strike length) with numerous high-grade intercepts outside the current resource area. Talon is focused on expanding its current high-grade nickel mineralization resource prepared in accordance with NI 43-101; identifying additional high-grade nickel mineralization; and developing a process to potentially produce nickel sulphates responsibly for batteries for the electric vehicles industry. Talon 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 x102
Email: werger@talonmetals.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/78994


Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!




Mineninfo
Talon Metals Corp.
Bergbau
A0MWX0
VGG866591024
Minenprofile
Alle Angaben ohne Gewähr! Copyright © by GoldSeiten.de 1999-2024.
Die Reproduktion, Modifikation oder Verwendung der Inhalte ganz oder teilweise ohne schriftliche Genehmigung ist untersagt!

"Wir weisen Sie ausdrücklich auf unser virtuelles Hausrecht hin!"