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Telson Mining closes C$10.08M placing as it looks to Tahuehueto gold mine restart

Telson Mining closes C$10.08M placing as it looks to Tahuehueto gold mine restart

Telson Mining Corporation (CVE:TSN) (OTCMKTS:SOHFF) (FRA:TSGN) CEO Ralph Shearing tells Proactive the group has closed C$10.08 million private placing, the first tranche of the funding package, which will kick start renewed production from its Tahuehueto gold mine in Durango, Mexico. Shearing says the private placement is the first tranche of the Accendo Syndicate $25 million funding package, giving the group the opportunity to reinitiate construction at Tahuehueto where Telson is targeting initial gold production near the end of 2021.

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