Timothy L. Webb Joins the Advisory Board of Thelon Capital Ltd.
28 September 2010 - 11:00PM
Marketwired
Management is pleased to announce that Timothy L. Webb has joined
the Advisory Board of Thelon Capital Ltd. (TSX VENTURE:
THC)(FRANKFURT: TFHC).
Mr. Webb's successful career working in the Appalachian coal
industry, as both a manager and as owner/operator of producing
mines has given him a broad experience base which will help guide
the Company as it advance the 6ooo plus acre Jellico coal project.
The Jellico project is located 35 miles north of Knoxville
Tennessee.
Thelon President Jason Walsh states on behalf of the board, "We
are very pleased to have Tim join our advisory board at the early
stages of developing our Jellico Project and building our
Appalachian coal mining business. His project development and mine
management experience in the coal sector, makes him a excellent
addition to our team and we look forward to working with him as we
build a successful coal company."
The Company is in the process of closing a $1 million dollar
non-brokered private placement arrangement (announced September 21,
2010). The funds will be used to begin the drilling necessary to
complete a National Instrument 45-101 report of the measured and
indicated coal resources on the Jellico coal property.
For more information about the Company and its ongoing
development, go to www.theloncapital.com.
THELON CAPITAL LTD.
On behalf of the Board of Directors
Jason Walsh, President
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this News
Release.
Contacts: Thelon Capital Ltd. Jason Walsh President (604)
682-1643 (604) 682-1666 (FAX) www.theloncapital.com
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