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Talon Metals Announces Results of AGM

Shareholder Meetings

Talon Metals Announces Results of AGM

Road Town, Tortola, British Virgin Islands--(Newsfile Corp. - June 22, 2022) - Talon Metals Corp. (TSX:

TLO) (

"Talon"

or the

"Company"

) is pleased to announce the results of its annual and special meeting

of shareholders ("

AGM

") held today.

All of the nominee directors listed in Talon's management information circular dated May 24, 2022 were

elected as directors.

The results of the shares voted in respect of the election of each director were as

follows:

Name of Nominee

Votes For

Votes Withheld

David L. Deisley

398,816,540

(99.89%)

450,041

(0.11%)

Arne H. Frandsen

398,783,269

(99.88%)

483,312

(0.12%)

John D. Kaplan

370,882,906

(92.89%)

28,383,675

(7.11%)

Gregory S. Kinross

381,594,899

(95.57%)

17,671,682

(4.43%)

Warren E. Newfield

398,921,608

(99.91%)

344,973

(0.09%)

Henri van Rooyen

398,799,189

(99.88%)

467,392

(0.12%)

David E. Singer

383,509,594

(96.05%)

15,756,987

(3.95%)

Frank D. Wheatley

398,792,735

(99.88%)

473,846

(0.12%)

Furthermore at the AGM, shareholders of the Company, (i) by a majority of votes cast, excluding the

votes attaching to the common shares of the Company held by insiders and their associates, approved

the issuance of all unallocated options issuable, from time to time, under the Company's stock option

plan until June 22, 2025, and (ii) voted in favour of appointing MNP LLP as auditors of the Company for

the ensuing year and authorizing the directors to fix their remuneration.

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 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, (ii) following up

on additional high-grade nickel mineralization in the Tamarack Intrusive Complex, and (iii) exploring the

prospects for significant carbon storage in the ultra-mafic rocks that comprise the Tamarack Intrusive

Complex through carbon mineralization.

Talon has an agreement with Tesla Inc.

to supply it with 75,000

metric tonnes (165 million lbs) of nickel in concentrate (and certain by-products, including cobalt and

iron) from the Tamarack Nickel Project over an estimated six-year period once commercial production is

achieved. 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:

Sean Werger

President

Talon Metals Corp.

Tel: (416) 361-9636 x102

Email:

[email protected]

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

https://www.newsfilecorp.com/release/128599