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DENVER, Oct. 30, 2024 (GLOBE NEWSWIRE) — Resource Capital Fund VI LP (“RCF“) stating that it had submitted an early warning report under National Instrument 62-103 – Early warning system and related acquisition issues and internal reports In connection with its contributions to Talon Metals Corp. (TSX:TLO)(Talon“).
On October 30, 2024, RCF sold 114,588,550 Talon common shares (“Common stock“) pursuant to a collective trading transaction through the facilities of the Toronto Stock Exchange (“Sell the blockThe total consideration received by RCF in connection with the buy-in sale was C$9,167,084, or C$0.08 per common share.
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Immediately prior to the sell-out, RCF owned and controlled a total of 114,588,550 common shares, representing approximately 12.26% of Talon’s issued and outstanding common shares. As a result of and immediately following the wholesale sale, RCF did not own any common shares in Talon.
Immediately following the sell-off, RCF no longer owns any common shares in Talon and, as such, is no longer subject to ongoing early warning or insider reporting requirements with respect to Talon.
The common shares were sold in the ordinary course of business for investment purposes, in accordance with RCF’s routine investment strategy to generate returns on its investment in Talon.
Talon’s registered office is located at Craigmuir Chambers, PO Box 71, Road Town, Tortola, British Virgin Islands VG1110.
To obtain a copy of the Early Warning Report filed under applicable Canadian securities laws in connection with the transactions described below, please see Talon’s corporate profile on the SEDAR+ website at www.sedarplus.ca.
About Capital Resources Fund VI LP
RCF is a Cayman Islands exempted limited partnership and private investment fund. RCF is ultimately controlled by RCF Management LLC For more information and to obtain a copy of the Early Warning Report, please contact:
Capital Resources Fund VI LP
1400 Watta Street, Suite 850
Denver, Colorado, 80202
Phone: (720) 946-1444
Attn: Mason Hills
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