TELSON FORMS STRATEGIC FUNDING ALLIANCE WITH ACCENDO BANCO FOR US$12 MILLION

TSN_NR_226_Jun16_2020

une 16 2020 – TheNewswire – Telson Mining Corporation (” Telson ” or the ” Company ” (TSX Venture Exchange-TSN, OTC Pink-SOHFF, Frankfurt-TSGN (formerly SQ82)) announces that it has signed an updated term sheet with Accendo Banco, S.A. Insititucion de Banca Multiple (“Accendo”) whereby Accendo will, subject to final due diligence, provide Telson with a US$12 Million Medium Term Loan Facility (“MTLF”) for the purpose of funding construction at Telson’s Tahuehueto mining project and general working capital purposes.

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