SOHFF - Telson Engages US-Based Investor Relations Advisory Firm
(TheNewswire)
Vancouver, British Columbia – TheNewswire - March 24, 2021 - Telson Mining Corporation (“ Telson ” or the “ Company ”) (TSXV:TSN ) ( OTC:SOHFF ) ( Frankfurt:TSGN) is pleased to announce that it hasretained RB Milestone Group LLC (" RBMG ") to provide corporate communications advisory,non-deal roadshow advisory, market intelligence advisory, and businessreferrals to the management team of the Company. RBMG has been engagedfor a term of 12 months. Cash fees will be paid based on the suite ofservices as may be requested and provided to Telson. RBMG is at arm'slength to the Company. The agreement is subject to regulatoryapproval.
Founded in 2009, RBMG is a US-based corporate communications firm thatspecializes in investor relations advisory with offices in New YorkCity and Stamford, Connecticut. RBMG's US advisory practice deliversinvestor relations programs tailor-made for emerging companies thatare private and publicly traded on the NYSE, NASDAQ, OTC, TSX, TSXV,CSE, ASX and AIM. RBMG refines communications strategies, weighs data,and advises clients on how to penetrate new markets. It helps clientstarget and secure relationships with niche US stakeholders and keyindustry strategics globally. Utilizing digital techniques, artificialintelligence (AI) and machine learning, RBMG has developed methodsthat improve traditional client IR initiatives to maximize ROI. RBMGis not a registered investment advisor or broker-dealer. www.rbmilestone.com
Ralph Shearing, President & CEO of Telson stated: “Telson isembarking on an expanded annual marketing campaign and is pleased tohave RBMG as our US marketing advisor to increase Telson’s publicawareness to the US investment community. RBMG will complement ourexisting Canadian marketing efforts as we move forward with ourfunding and construction plans at our Flagship Tahuehueto GoldProject.”
Trevor Brucato, Managing Director of RBMG stated: “My team and Ilook forward to working with Telson and introducing their growingstory to a wider audience within our investment community throughoutthe United States.”
About Telson Mining Corporation
Telson Mining Corporation is a Canadian based mining company with two100% owned Mexican gold, silver, and base metal mining projects.
Telson's Tahuehueto mining project, located in north-western DurangoState, Mexico where construction has been advanced to an estimated 60%of completion. Upon closing of recently announced US$25 millionfunding package, Telson expects to finish construction of its 1,000tonne per day processing facility and related mine infrastructure toinitiate production of gold, silver, lead, and zinc in concentrates atTahuehueto. The Company is targeting the completion of construction byend of 2021.
Campo Morado is an operating polymetallic base metal mine with miningand milling equipment currently producing at an average ofapproximately 2,150 tonnes per day and is currently estimated to beMexico’s 6 th largestzinc producer.
Visit: www.telsonmining.com
On behalf of the board ofdirectors
(signed) “Ralph Shearing”
Ralph Shearing, P.Geol, President andDirector
Cautionary Note Regarding ProductionDecisions and Forward-Looking Statements
It should be noted that Telsondeclared commercial production at Campo Morado prior to completing afeasibility study of mineral reserves demonstrating economic andtechnical viability. Accordingly, readers should be cautioned thatTelson’s production decision has been made without a comprehensivefeasibility study of established reserves such that there is greaterrisk and uncertainty as to future economic results from the CampoMorado mine and a higher technical risk of failure than would be thecase if a feasibility study were completed and relied upon to make aproduction decision. Telson has completed a preliminary economicassessment (“PEA”) mining study on the Campo Morado mine thatprovides a conceptual life of mine plan and a preliminary economicanalysis based on the previously identified mineral resources (seeNews Release dated November 8, 2017 and April 4,2018).
Statements contained in this newsrelease that are not historical facts are “forward-lookinginformation” or “forward-looking statements” (collectively,“Forward-Looking Information”) within the meaning of applicableCanadian securities laws. Forward Looking Information includes, but isnot limited to, disclosure regarding the planned recommencement ofmining operations at Campo Morado; and other possible events,conditions or financial performance that are based on assumptionsabout future economic conditions and courses of action; the timing andcosts of future activities on the Company’s properties, such asproduction rates and increases; success of exploration, developmentand bulk sample processing activities, and timing for processing atits own mineral processing facility on the Tahuehueto project site. Incertain cases, Forward-Looking Information can be identified usingwords and phrases such as “plans,” “expects,” “scheduled,”“estimates,” “forecasts,” “intends,” “anticipates” orvariations of such words and phrases. In preparing the Forward-LookingInformation in this news release, the Company has applied severalmaterial assumptions, including, but not limited to, that the currentexploration, development, environmental and other objectivesconcerning the Campo Morado Mine and the Tahuehueto Project can beachieved; that recommencement of operations at Campo Morado willproceed as planned; the continuity of the price of gold and othermetals, economic and political conditions, and operations.Forward-Looking Information involves known and unknown risks,uncertainties and other factors which may cause the actual results,performance, or achievements of the Company to be materially differentfrom any future results, performance or achievements expressed orimplied by the Forward-Looking Information. There can be no assurancethat Forward-Looking Information will prove to be accurate, as actualresults and future events could differ materially from thoseanticipated in such statements. Accordingly, readers should not placeundue reliance on Forward-Looking Information. Except as required bylaw, the Company does not assume any obligation to release publiclyany revisions to Forward-Looking Information contained in this newsrelease to reflect events or circumstances after the date hereof or toreflect the occurrence of unanticipated events.
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release
For further informationabout Telson Mining Corporation, please contact:
Glen Sandwell, Corporate Communications Manager
ir@telsonmining.com
Tel: +1 (604) 684-8071
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