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Talon Metals Announces Results of Special Meeting and Closing of Private Placement
Tortola, British Virgin Islands--(Newsfile Corp. - March 5, 2026) - Talon Metals Corp. (TSX: TLO)...
About this update from Talon Metals Corp.
[{"type":"text","content":"Talon Metals Announces Results of Special Meeting and Closing of Private PlacementTortola, British Virgin Islands--(Newsfile Corp. - March 5, 2026) - Talon Metals Corp. (TSX: TLO) (OTCID: TLOFF)  (\"Talon\" or the \"Company\") is pleased to announce the results of its special meeting of shareholders (the \"Meeting\") held today. The TSX Resolution approving the Concurrent Private Placement (defined below), as more particularly described in the management information circular of the Company dated January 30, 2026, was approved by a majority of votes cast by disinterested shareholders.Talon is also pleased to announce closing of the previously announced private placement of 1,855,578 common shares to an entity controlled by trusts settled by the late Adolf H. Lundin for aggregate gross proceeds of approximately C$7,782,294 (the \"Concurrent Private Placement\").ABOUT TALONTalon is a TSX-listed base metals company advancing and operating high-grade nickel-copper assets in the United States, including 100% ownership of the Eagle Mine and Humboldt Mill in Michigan, the only primary nickel mine currently operating in the United States, and the Tamarack Nickel-Copper-Cobalt Project in Minnesota. Talon is 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-Copper-Cobalt Project comprises a large land position (18km of strike length) with additional high-grade intercepts outside the current resource area. Talon has an earn-in right to acquire up to 60% of the Tamarack Nickel-Copper-Cobalt Project and currently owns 51%. Talon has a neutrality and workforce development agreement in place with the United Steelworkers union. Talon's Beulah Mineral Processing Facility in Mercer County was selected by the US Department of Energy for US$114.8 million funding grant from the Bipartisan Infrastructure Law and the US Department of War awarded Talon a grant of US$20.6 million to support and accelerate Talon's exploration efforts in both Minnesota and Michigan. 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 talonmetals.com or contact:Medi...