Talon Metals (TSE:TLO) has released an update.
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Talon Metals has entered into a royalty agreement with Triple Flag, securing US$8 million to support its nickel mining projects in Minnesota and Michigan and for general working capital. The deal grants Triple Flag a 1.67% net smelter return royalty on the Tamarack Project, with Talon retaining a buy-back option. Talon CEO Henri van Rooyen views this as a reaffirmation of their US critical minerals projects, bolstered by non-dilutive government grants.
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