Telson Mining Corporation Makes US $8 Million Payment to Nyrstar and Enters into Loan Agreement to Facilitate Balance of Final Payment for Campo Morado Acquisition
Sr. Jose Antonio Berlanga, Telsons CEO stated: We would like to thank Nyrstar for their good faith negotiations, continued support and cooperation in reaching a mutually agreeable extension and loan agreement. By renegotiating and extending the final payment terms for the Campo Morado acquisition we are extremely pleased to once again protect our shareholders by avoiding the immediate need to raise equity funding in what we consider an undervalued market. With the recent declaration of Commercial Production at Campo Morado we are very confident our free cash flows will easily support the loan repayment terms.









