Telson Mining Corp. is pleased to announce the appointment of Mr. Ruben Alvidrez Ortega to the Company's Board of Directors. Ruben Alvidrez Ortega Mr. Alvidrez Ortega is an Industrial Engineer with a master's degree in Business Administration at Notre Dame University. He has extensive experience in banking operations for commercial and corporate segments, specializing mainly in continuous improvement, risk and control, as [...]
Telson Mining announces the resignation from the Board of Directors by Mr. Remigio Martinez Muller for personal reasons. Sr. Martinez worked his whole professional career with Grupo Mexico starting in 1967 as a Mine Geologist in Taxco, Guerrero and ending as Grupo Mexico's Director of Exploration in 2013. From 2013 to 2016 he maintained an exclusive consultant position with Grupo Mexico and became an independent [...]
Telson Mining is pleased to update shareholders on the filing of its audited financial statements, management discussion and analysis and related certifications in respect of its financial year ended December 31, 2019 today its Q1 financials for the period ended March 31, 2020. As disclosed in previous news releases, COVID-19 related issues within Mexico caused delays in access to the Company's mine sites and slowed the [...]
Telson Mining is pleased to announce that it has closed the non-brokered private placement as announced July 02, 2020. The fully subscribed Private Placement has closed with the Company issuing 13,996,145 units at a price of $0.10 per Unit for gross proceeds of $1,399,615. Each Unit is comprised of one common share and one half of one whole transferable share purchase warrant. Each whole share purchase warrant entitles [...]
Telson Mining announces that further to its application for a Management Cease Trade Order, which was granted by the BC Securities Commission on June 16, 2020, the Company is required to provide bi-weekly status reports in accordance with the alternative information guidelines in National Policy 12-203 Management Cease Trade Orders, until such time as the Company has completed and filed its audited annual financial [...]
Telson Mining announces that it is increasing the maximum amount to be raised in a non-brokered private placement which was initially announced on June 16, 2020. The Company now intends to conduct a non-brokered private placement of up to 14,000,000 units at a price of $0.10 per Unit for total proceeds of up to $1,400,000. Each Unit will consist of one common share of the Company and one half of a transferable share [...]
Telson Mining announces that further to its application for a Management Cease Trade Order, which was granted by the British Columbia Securities Commission on June 16, 2020, the Company is required to provide bi-weekly status reports in accordance with the alternative information guidelines in National Policy 12-203 Management Cease Trade Orders, until such time as the Company has completed and filed its audited annual [...]
Telson Mining Corp. is pleased to announce that it has entered into a letter agreement with Nyrstar Canada Ltd., in which Nyrstar has provided Telson a conditional waiver to Telson's default status of the June 12, 2018 Loan Agreement, entered into between the companies, as amended. In a press release dated April 17, 2020, Telson announced that it had entered into a waiver request letter agreement with Trafigura Mexico SA [...]
Telson Mining Corp. announces that it has signed an updated term sheet with Accendo Banco, S.A. Insititucion de Banca Multiple whereby Accendo will, subject to final due diligence, provide Telson with a US$12 Million Medium Term Loan Facility for the purpose of funding construction at Telson's Tahuehueto mining project and general working capital purposes. The main terms and conditions of Accendo's MTLF are as follows [...]
Telson Mining provides the following mandatory regulatory update that it has requested a temporary Management Cease Trade Order from the British Columbia Securities Commission in connection with the Company's filing of its audited annual financial statements and MD&A for the financial year ended December 31, 2019. On March 23, 2020, the Canadian Securities Administrators granted blanket relief for all reporting issuers [...]
Telson Mining is pleased to announce that mining and milling operations have resumed at Campo Morado mine in Guerrero. The Mexican Government recently deemed the mining industry to be an essential industry, resulting in lifting of the temporary country wide mining industry shut down because of the COVID-19 pandemic. Detailed COVID-19 safety protocols approved by the Instituto Mexicano del Seguro Social have been [...]
Telson Mining is announcing that further to its news release dated April 27, 2020 in which the Company reported that in accordance with the blanket relief granted by the Canadian Securities Administrators due to circumstances created by the COVID-19 pandemic it would be not be able to file its December 31, 2019 audited annual financial statements and its Q1 interim financials for March 31, 2020 within the usual deadlines [...]
