Telson Grants Stock Options to New Directors
Telson Mining Corporation
1000 – 1111 Melville Street
Vancouver, BC, V6E 3V6,
Canada
TSX.V: TSN
Page 1 of 2
Telson Grants Stock Options to New Directors
Vancouver, British Columbia, May 19, 2021
Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company" announces that
pursuant to its Stock Option Plan, it has granted incentive stock options to newly appointed directors totalling
2,000,000 shares in the capital stock of the Company. The options will be exercisable at a price of $0.45 per share
for a period of 5 years. The options will vest under the terms of the Compa ny’s Stock Option Plan with one-third
vesting immediately, one-third within 6 months, and the remaining balance will vest a t the 1st anniversary of the
grant of the option.
About Telson Mining Corporation
Telson Mining Corporation is a Canadian based mining company with two 100% owne d Mexican gold, silver, and
base metal mining projects.
Telson's Tahuehueto mining proj ect is in north -western Durango State, Mexico where construction has been
advanced to an estimated 60% of completion. Upon closing of the recently announced US$25 millio n funding
package, Telson will have funding available to finish construction of its 1,000 tonne per day processing facility and
related mine infrastructure to initiate production of gold, silver, lead, and zinc in concentrates at Tahuehueto. The
Company is targeting to start pre-production by the end of 2021 and ramping up to full production capacity during
Q1 2022.
Campo Morado is an operating polymetallic base metal mine with mining and milling equipment currently
producing at an average of 2,150 tonnes per day and is currently estimated to be Mexico’s 6th largest zinc
producer.
Visit: www.telsonmining.com
On Behalf of the Board of Directors
(signed) “Ralph Shearing”
Ralph Shearing, P. Geol, President and Director
Cautionary Note Regarding Production Decisions and Forward-Looking Statements
It should be noted that Telson declared commercial production at Campo Morado prior to completing a feasibility study of
mineral reserves demonstrating eco nomic and technical viability. Accordingly, readers should be cautioned that Telson’s
production decision has been made without a comprehensive feasibility study of established reserves such that there is greater
risk and uncertainty as to future economic results from the Campo Morado mine and a higher technical risk of failure than
would be the case if a feasibility study were completed and relied upon to make a production decision. Telson has completed
a preliminary economic assessment (“PEA”) mining stud y on the Campo Morado mine that provides a conceptual life of mine
plan and a preliminary economic analysis based on the previously identified mineral resources (see News Release dated
November 8, 2017, and April 4,2018).
Telson Mining Corporation
1000 – 1111 Melville Street
Vancouver, BC, V6E 3V6,
Canada
TSX.V: TSN
Page 2 of 2
Statements contained in this news release that are not historical facts are “forward -looking information” or “forward -looking
statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities laws. Forward
Looking Information includes, but is not limited to, disclosure regarding the planned recommencement of mining operationsty6
at Campo Morado; and other possible events, conditions or financial performance that are based on assumptions about future
economic conditions and courses of action; the timing and costs of future activities on the Company’s properties, such as
production rates and increases; success of exploration, development and bulk sample processing activities, and timing for
processing at its own mineral processing facility on the Tahuehueto project site. In certain cases, Forward-Looking Information
can be identified using words and phra ses such as “plans,” “expects,” “scheduled,” “estimates,” “forecasts,” “intends,”
“anticipates” or variations of such words and phrases. In preparing the Forward-Looking Information in this news release, the
Company has applied several material assumptions, including, but not limited to, that the current exploration, development,
environmental and other objectives concerning the Campo Morado Mine and the Tahuehueto Project can be achieved; that
recommencement of operations at Campo Morado will proceed as pl anned; the continuity of the price of gold and other
metals, economic and political conditions, and operations. Forward -Looking Information involves known and unknown risks,
uncertainties and other factors which may cause the actual results, performance, o r achievements of the Company to be
materially different from any future results, performance or achievements expressed or implied by the Forward -Looking
Information. There can be no assurance that Forward -Looking Information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue
reliance on Forward-Looking Information. Except as required by law, the Company does not assume any obligation to release
publicly any revisions to Forward -Looking Information contained in this news release to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated events.
Neither TSX Venture Exchange nor its Regulation S ervices Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information about Telson Mining Corporation, please contact:
Glen Sandwell
Corporate Communications Manager
Tel: +1 (604) 684-8071