Talon Metals Announces Results of AGM

Talon Metals Corp. (TSX: TLO) ("Talon" or the "Company") is pleased to announce the results of its annual and special meeting of shareholders ("AGM") held today.

All of the nominee directors listed in Talon's management information circular dated May 24, 2022 were elected as directors. The results of the shares voted in respect of the election of each director were as follows:

Name of Nominee Votes For Votes Withheld
David L. Deisley 398,816,540 (99.89%) 450,041 (0.11%)
Arne H. Frandsen 398,783,269 (99.88%) 483,312 (0.12%)
John D. Kaplan 370,882,906 (92.89%) 28,383,675 (7.11%)
Gregory S. Kinross 381,594,899 (95.57%) 17,671,682 (4.43%)
Warren E. Newfield 398,921,608 (99.91%) 344,973 (0.09%)
Henri van Rooyen 398,799,189 (99.88%) 467,392 (0.12%)
David E. Singer 383,509,594 (96.05%) 15,756,987 (3.95%)
Frank D. Wheatley 398,792,735 (99.88%) 473,846 (0.12%)

 

Furthermore at the AGM, shareholders of the Company, (i) by a majority of votes cast, excluding the votes attaching to the common shares of the Company held by insiders and their associates, approved the issuance of all unallocated options issuable, from time to time, under the Company's stock option plan until June 22, 2025, and (ii) voted in favour of appointing MNP LLP as auditors of the Company for the ensuing year and authorizing the directors to fix their remuneration.

ABOUT TALON

Talon is a TSX-listed base metals company in a joint venture with Rio Tinto on the high-grade Tamarack Nickel-Copper-Cobalt Project located in central Minnesota. Talon's shares are also traded in the US over the OTC market under the symbol TLOFF. The Tamarack Nickel Project comprises a large land position (18km of strike length) with high-grade intercepts outside the current resource area. Talon has an earn-in right to acquire up to 60% of the Tamarack Nickel Project, and currently owns 51%. Talon is focused on (i) expanding and infilling its current high-grade nickel mineralization resource prepared in accordance with NI 43-101 to shape a mine plan for submission to Minnesota regulators, (ii) following up on additional high-grade nickel mineralization in the Tamarack Intrusive Complex, and (iii) exploring the prospects for significant carbon storage in the ultra-mafic rocks that comprise the Tamarack Intrusive Complex through carbon mineralization. Talon has an agreement with Tesla Inc. to supply it with 75,000 metric tonnes (165 million lbs) of nickel in concentrate (and certain by-products, including cobalt and iron) from the Tamarack Nickel Project over an estimated six-year period once commercial production is achieved. Talon has well-qualified experienced exploration, mine development, external affairs and mine permitting teams.

For additional information on Talon, please visit the Company's website at www.talonmetals.com or contact:

Sean Werger
President
Talon Metals Corp.
Tel: (416) 361-9636 x102
Email: werger@talonmetals.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/128599

News Provided by Newsfile via QuoteMedia

TLO:CA,TLOFF
The Conversation (0)
Highlighted periodic table element: Nickel (Ni), atomic number 28, transition metal.

Global Nickel Market Recalibrates After Explosive Trading Week

Nickel prices stabilized on Thursday (January 8) after a turbulent week that saw the market swing sharply higher before retreating as traders reassessed the balance between existing supply risks and a growing overhang of inventory.Three-month nickel on the London Metal Exchange (LME) hovered... Keep Reading...
Nusa Nickel

Nusa Nickel Corp. Provides 2025 Year-End Corporate Update and 2026 Outlook

Nusa Nickel Corp. is pleased to provide a year-end update highlighting key achievements in 2025 and outlining strategic priorities for 2026 as the Company continues to build a vertically integrated nickel business in Indonesia.2025 Year-End Highlights-Successfully advanced into production during... Keep Reading...
Canadian flag draped over "Ni" symbol and stock chart.

Top 5 Canadian Nickel Stocks

Nickel prices have experienced volatility in the past few years due to supply and demand uncertainty. While demand has been consistent, prices have been mainly influenced by structural oversupply stemming from high output from Indonesia, which rapidly increased output in recent years to become... Keep Reading...
Diagonal rows of nickel rolls.

Top 5 ASX Nickel Stocks

Although countries around the world have been adding nickel to their critical minerals lists, many nickel companies have faced difficulties due to a tough price environment.Nickel prices stagnated during the second half of 2025 as market surpluses met weak demand growth.Much of the supply... Keep Reading...
Large rolls of sheet metal in a factory warehouse with bright lighting.

Nickel Price Forecast: Top Trends for Nickel in 2026

Nickel prices were stagnant in 2025, trading around US$15,000 per metric ton (MT) for much of the year.Weighing heavily on the metal was persistent oversupply from Indonesian operations. Meanwhile, sentiment remained weak amid soft demand growth from the construction and manufacturing sectors,... Keep Reading...
Two people in suits shaking hands in a warmly lit office.

Lundin to Sell Eagle Nickel-Copper Mine and Humboldt Mill to Talon Metals

Lundin Mining (TSX:LUN,OTC Pink:LUNMF) has agreed to sell its Eagle mine and Humboldt mill in Michigan to Talon Metals (TSX:TLO,OTCID:TLOFF), pivoting its US-based operations to focus on domestic supply. The transaction will see Lundin Mining receive 275.2 million Talon shares, representing 18.4... Keep Reading...

Interactive Chart

Latest Press Releases

Related News