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TLO.TO ·

Talon Metals Announces Appointment of New President

Management Changes

Talon Metals Announces Appointment of New

President

Tamarack, Minnesota--(Newsfile Corp. - November 26, 2024) - Talon Metals Corp. (TSX: TLO) (OTC

Pink: TLOFF) ("

Talon

" or the "

Company

") announces that effective January 1, 2025, Mike Kicis will

succeed Sean Werger as President of Talon, who is stepping down to assume a senior leadership role

with a prominent Toronto charitable organization.

Mr. Werger will be joining the Company's Board of

Directors and will work closely with Mr. Kicis to ensure a seamless transition.

Mr. Kicis has been a senior member of the Talon leadership team since 2013 in the role of Chief Legal

Officer. As a key member of the senior leadership team, among other things, Mr. Kicis has played an

integral part of the Company's most notable transactions, including the Company's current partnerships

with Rio Tinto and Sweetwater Royalties, the Company's off-take arrangement with Tesla Inc. and the

grants received by the Company from the US Department of Energy and the US Department of Defense.

Warren Newfield, Chairman of the Board for Talon stated:

"I am extremely pleased to announce that

Mike Kicis will succeed Sean Werger as Talon's President. As an integral member of the Talon team

since 2013, Mike is ideally suited to help take the Company through its next phase of growth.

Mr.

Newfield continued:

"Sean Werger's decision to continue on as a valuable member of our Board of

Directors will ensure that our business has continuity, with Sean's ongoing dedication, support and

assistance. Sean has decided to leave Talon to take on the role of Chief Operating Officer with a

prominent not-for-profit organization. On behalf of Talon, we wish Sean the best and look forward to his

continued involvement in Talon."

Henri van Rooyen, CEO of Talon stated:

"Mike, Sean and I have had the pleasure of working together

for more than a decade. Mike has always been a respected leader amongst the Talon team. He is

also extremely commercially focussed, which will be essential for Talon going forward.

I am looking

forward to my continued work with Sean."

Sean Werger stated:

"The decision to leave my post as President of Talon is bittersweet, but I am

thrilled that I can remain an important part of the team by joining the Board of Directors. I am confident

that the Company, under Henri and Mike's leadership, is extremely well positioned for success, and

given the extremely strong relationship between, Henri, Mike and me, the transition of my role to Mike

will be seamless. I am excited about Talon's future - we not only have an excellent project with the

Tamarack Nickel Project in Minnesota, but now we have also have plenty of excitement with early day

copper-nickel exploration success in Michigan. I have been fortunate to work with such a professional

and knowledgeable team and I am confident in their ability to deliver significant value for our

shareholders."

ABOUT TALON

Talon is a TSX-listed base metals company in a joint venture with

Rio Tinto

on the high-grade

Tamarack

Nickel-Copper-Cobalt Project

located in central Minnesota. Talon's shares are also traded in the US

over the OTC market under the symbol TLOFF. The Tamarack Nickel Project comprises a large land

position (18km of strike length) with additional high-grade intercepts

outside the current resource area

.

Talon has an earn-in right to acquire up to 60% of the Tamarack Nickel Project, and currently owns 51%.

Talon is focused on (i) expanding and infilling its current high-grade nickel mineralization resource

prepared in accordance with NI 43-101 to shape a mine plan for submission to Minnesota regulators,

and (ii) following up on additional high-grade nickel mineralization in the Tamarack Intrusive Complex.

Talon has a

neutrality and workforce development agreement

in place with the United Steelworkers

union. Talon's Battery Mineral Processing Facility in Mercer County was

selected by the US Department

of Energy

for US$114.8 million funding grant from the Bipartisan Infrastructure Law and the

US

Department of Defense awarded Talon a grant of US$20.6 million

to support and accelerate Talon's

exploration efforts in both Minnesota and Michigan. Talon has well-qualified experienced exploration,

mine development, external affairs and mine permitting teams.

For additional information on Talon, please visit the Company's website at

www.talonmetals.com

or

contact:

Media Contact:

Todd Malan

1 (202) 714-8187

[email protected]

Investor Contact:

Sean Werger

1 (416) 500-9891

[email protected]

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/231510