(TheNewswire)
Vancouver, British Columbia / TheNewswire / November 20th, 2017.
Telson Resources Inc. ("Telson" or the "Company") (TSX Venture – TSN.V) advises that all warrants issued as part of a unit private placement on November 17, 2015 (the “November Warrants”) have been exercised resulting in proceeds to the Company of CAD$1,000,000.
“We appreciate the dedicated support of our shareholders”, commented Antonio Berlanga, Chief Executive Officer, Telson Resources Inc. “This is an exciting time for our Company as we expand our production efforts advancing both of our Mexican gold, silver and base metal projects thereby increasing the value for all of our shareholders”.
About Telson Resources Inc.
Telson Resources Inc. is a Canadian based mining
company producing gold, silver and base metals from its two Mexican
Mining Projects. Telson's Tahuehueto Project, located in north-western
Durango State, Mexico and its recently acquired Campo Morado Mine in
Guerrero, Mexico are both polymetallic deposits containing significant
gold, silver, lead, zinc and copper. Telson is currently mining and
processing at its 100% owned Campo Morado Mine at a rate of
approximately 1,400 tonnes per day and at its 100% owned Tahuehueto
Mine Project at a rate of approximately 150 tonnes per day and direct
shipping Tahuehueto preproduction ore to a toll mill for processing
off-site.
Visit: www.telsonresources.com
On behalf of the board of directors
(signed) “Ralph Shearing”
Ralph Shearing, P.Geol, President and Director
For further information about Telson
Resources Inc., please contact:
Glen Sandwell
Corporate Communications Manager
ir@telsonresources.com
Tel: +1 (604) 684-8071
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