Telson receives conditional $12m loan to complete Mexico project

TSX-V-listed Telson Mining has received conditional approval for a $12-million medium-term loan from an international investment bank to finalise construction at Tahuehueto mining project, in Durango state, Mexico.

The credit line is dependent on Telson raising another $5-million in additional funding and the company said that its president, Ralph Shearing, and CEO, Jose Berlanga, would be attending the 2019 Precious Metals Summit Beaver Creek next week to continue the efforts of raising additional funds.