Off-market insider buying at Telson Mining (TSN)

Off-market insider buying at Telson Mining (:TSN)

Enrique Margalef, a Director, acquired 448,708 Common Shares on a direct ownership basis at a price of $0.750 through a private transaction on September 20th, 2019. This represents a $336,531 investment into the company's shares and an account share holdings change of 20.0%.

Telson Mining is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Telson Mining Corp, formerly Telson Resources Inc. (Telson), is a Canada-based company, which is engaged in the acquisition and exploration of mineral resource properties. The Company, through its Mexican subsidiaries, has an interest in mineral exploration properties in the Tahuehueto Project. The Tahuehueto Project is located in the mining district of northwestern Durango State. The Tahuehueto Project has an area of approximately 7,490 hectares, and covers over 10 known mineralized zones hosted within a structurally controlled epithermal system that is traced for over six kilometers. The Tahuehueto Project lies within the prolific Sierra Madre mineral belt. Telson has completed over 49,000 meters of drilling in approximately 250 drill holes at Tahuehueto Project to define priority zones occurring within a district-scale epithermal system. Its subsidiaries include Samarkand de Mexico S.A. de C.V. (Samarkand), Sierra Soleada S.A. de C.V. (Sierra) and Real de la Bufa S.A. de C.V.