Resource Capital Fund VI L.P. Sells Shares of Talon Metals Corp.
18 September 2024 - 9:32AM
Resource Capital Fund VI L.P. (“
RCF”) reports that
it has filed an early warning report under National Instrument
62-103 – The Early Warning System and Related Take-Over Bid and
Insider Reporting Issues in connection to its shareholdings in
Talon Metals Corp. (TSX: TLO) (“
Talon”).
On September 17, 2024, RCF sold 350,000 common
shares in the capital of Talon (the “Talon
Shares”). The trade was executed through the facilities of
the Toronto Stock Exchange, through Scotia Capital Inc. (the
“Sale”). The aggregate consideration received by
RCF in respect of the Sale was C$29,750.00, or C$0.085 per
Share.
Immediately prior to the Sale, RCF owned and
controlled a total of 114,938,550 Talon Shares, representing
approximately 12.30% of the issued and outstanding Talon Shares. As
a result of and immediately following the Sale, RCF owned and
controlled a total of 114,558,550 Talon Shares, representing
approximately 12.26% of the issued and outstanding Talon
Shares.
RCF disposed of the Talon Shares in accordance
with RCF’s investment policy to generate proceeds from its
investment in Talon. RCF may from time to time acquire additional
securities of Talon, dispose of some or all of the existing or
additional securities or may continue to hold its Talon Shares.
Talon’s head office is located at Craigmuir
Chambers, P.O. Box 71, Road Town, Tortola, British Virgin
Islands.
To obtain a copy of the early warning report
filed under applicable Canadian securities laws in connection with
the transactions hereunder, please see Talon’s profile on the
SEDAR+ website at www.sedarplus.ca.
About Resource Capital Fund VI L.P.
RCF is a Cayman Islands exempt limited
partnership and a private investment fund. For further information
and to obtain a copy of the early warning report, please
contact:
Resource Capital Fund VI L.P. 1400 Wewatta
Street, Suite 850Denver, Colorado, 80202Telephone: (720) 946-1444
Attn: Mason Hills
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