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ROAD TOWN, BRITISH VIRGIN ISLANDS--(Marketwired - Dec. 29, 2015) - Talon Metals Corp. ("Talon" or the "Company") (TSX:TLO) is pleased to announce the completion (the "Closing") of the financing transactions with Resource Capital Fund VI L.P. ("RCF") and Kennecott Exploration Company ("Kennecott"), a subsidiary of the Rio Tinto Group (collectively, the "RCF Financing"). Pursuant to the RCF Financing, Talon received a total of US$15 million from RCF to be used by Talon to earn an 18.45% interest in the Tamarack Nickel-Copper-PGE Project (the "Tamarack Project"), located in Minnesota, USA. For further details regarding the terms of the RCF Financing, please see the Company's press release dated November 26, 2015. |
