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Telson Mining has loan re-payment deadline extended to 2021 as world deals with pandemic

Telson Mining (CVE: TSN-OTC: SOHFF) President and CEO Ralph Shearing joined Steve Darling from Proactive Vancouver with news the company has received an LOI from Trafigura Mexico which provides Telson with a waiver to certain terms of their loan agreements entered between the companies.

Shearing also told Proactive what his plans are for the company over the next few months as they look to build their flagship project Tahuehueto.

Quick facts: Telson Mining Corporation

Price: 0.12 CAD

TSX-V:TSN
Market: TSX-V
Market Cap: $19.36 m
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Telson Mining restructures loan as company turn focus to construction at...

Telson Mining (CVE: TSN- OTC: SOHFF) President and CEO Ralph Shearing joined Steve Darling from Proactive Vancouver with news the company has been able to negotiate with Nyrstar to allow Telson to avoid a cause for default by granting Telson a waiver on their loan. Shearing discusses why this...

2 weeks, 1 day ago

2 min read