VANCOUVER, BRITISH COLUMBIA / TheNewswire / March 1st, 2016 – Telson Resources Inc. (TSX Venture – TSN) (“Telson” or the “Company“) is pleased to announce a non-brokered private placement of up to 12,500,000 units of the Company. Each unit is priced at $0.12 per unit, resulting in gross proceeds of $1,500,000. Each unit is comprised of one common share and one half of one whole transferable share purchase warrant. Each whole share purchase warrant entitles the holder thereof to purchase one additional common share of the Company at $0.12 within twenty-four (24) months of its date of issuance. All securities issued under the non-brokered private placement are subject to a hold period expiring four months and one day after the closing date. Closing of the Private Placement is subject to approval of the TSX Venture Exchange.