Telson Resources Inc : Non-Brokered Private Placement
Telson Resources Inc. announces that it intends to conduct a non-brokered private placement of up to 7,000,000 units of the Company. The placement is expected to close in two or more tranches. Each unit is priced at $0.05 per unit, resulting in gross proceeds of up to $350,000 when fully closed. Each unit is comprised of one common share of the Company and one full share purchase warrant. Each share purchase warrant entitles the holder thereof to purchase one additional common share of the Company at $0.10 within one year of its date of issuance.









