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Telson Provides Update on Extension to File Annual Financial Statements

(via TheNewswire) Vancouver, British Columbia - TheNewswire - May 29, 2020 ...

articleLuca Mining CorpMay 29, 20205/company/luca-mining-corp/news/telson-provides-update-on-extension-to-file-annual-financial-statements
Telson Provides Update on Extension to File Annual Financial Statements

About this update from Luca Mining Corp

[{"type":"text","content":"Telson Provides Update on Extension to File Annual Financial Statements(via TheNewswire)\n \n \nVancouver, British Columbia - TheNewswire - May 29, 2020\n\n\n \nTelson Mining Corporation (\"Telson\" or the \"Company\" (TSX Venture Exchange-TSN, OTC Pink-SOHFF, Frankfurt-TSGN (formerly SQ82)) (TSXV:TSN) (OTC:SOHFF) is announcing that further to its news release dated April 27, 2020 in which the Company reported that in accordance with the blanket relief (the \"Blanket Relief\") granted by the Canadian Securities Administrators due to circumstances created by the COVID-19 pandemic it would be not be able to file its December 31, 2019 audited annual financial statements and its Q1 interim financials for March 31, 2020 within the usual deadlines, and would be relying on the Blanket Relief for both filings.\n\n\n \nTo update on the Company's April 27, 2020 news release, the Company has not yet filed its audited annual financial statements, management discussion and analysis and related certifications for the year ended December 31, 2019 and will be relying on the full 45 days granted by the Blanket Relief for its annual and Q1 interim financial statements, related management discussion and analysis and certifications. There have not been any material business developments since the release of its third quarter results in November 2019 other than as otherwise disclosed in Telson's continuous disclosure filings available at www.sedar.com and since the date of the Company's last news release dated May 27, 2020.\n\n\n \nAbout Telson Mining Corporation\n\n\n \nTelson Mining Corporation is a Canadian based mining company with two 100% owned Mexican gold, silver and base metal mining projects. \n\n\n \nTelson's Tahuehueto mining project, located in north-western Durango State, Mexico where construction has been advanced to approximately 70% completion and waiting for final funding to finish construction of the processing plant and related assets to produce gold, silver, lead and zinc in concentrates within its own on-site mineral processing facility, with a designed capacity of at least 1,000 tonnes per day. The Company is targeting completion of construction six to eight months after securing final funding.\n\n\n \nCampo Morado is a polymetallic base metal mine that produces zinc, lead, copper, silver and gold. Four months after purchasing...

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