Talon metals (TLOFF)

[TradingCharts]

Talon Metals Corp.
https://talonmetals.com/

Twitter
https://twitter.com/TalonMetals?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

LinedIn
https://www.linkedin.com/company/talon-metals/

Community-info PowerPoint
https://talonmetals.com/wp-content/uploads/2022/03/Q1-2022-Community-Information-Session_TLO-.pdf

Talon Metals Corp (TSX.TLO) Share Structure

Shares Outstanding

Basic Shares Outstanding 757.9 million
Fully Diluted Shares Outstanding 873.6 million

Key Shareholders
Resource Capital Funds: 17.6%
The Pallinghurst Group: 18.8%
Rio Tinto: 5.4%
Management and directors: 3.5%
https://talonmetals.com/share-price-and-share-capital/

Talon Metals new drill holes at CGO West on Tamarack Project shows strong nickel assay results
959 views Sep 8, 2022

Talon-Rio Tinto Deal Structure

The Tamarack Project is comprised of the Tamarack North Project and the Tamarack South Project with approximately 31,000 acres of Private Land and State Leases
Talon has formally earned a 51% majority interest in the Tamarack Nickel Project by:
Paying US$6 million in cash and US$1.5 million in shares to Rio Tinto (completed in March 2019);
Spending US$10 million on exploration & development and issuing an additional US$5 million in Talon shares to Rio Tinto (completed in September 2021)
To earn an additional 9% interest for a total of 60% (by March 2026), Talon must complete a feasibility study and pay US$10 million to Rio Tinto
Under the Option Agreement, Talon is appointed as the operator of the Tamarack Project, with total control over future exploration strategy
After Talon owns 60%, Rio Tinto must fund their 40% interest, or dilute; Rio Tinto has no back-in rights; Talon controls 100% of the off-take (to whom the product is sold)

https://talonmetals.com/show-me-your-deal-structure-with-rio-tinto/

Talon Metals adds to portfolio with the acquisition of the Michigan Nickel Project
1,164 views Aug 10, 2022