News

Telferscot Resources Announces Private Placement

TORONTO, Ontario, April 25, 2017 – Telferscot Resources Inc. (CSE:TFS) (“Telferscot” or the “Company”) is pleased to announce that it has arranged a non-brokered private placement of up to 10 million common shares at a price of CAD$0.01 per share for gross proceeds of up to C$100,000.  The company requested and was granted relief from…

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Telferscot Resources Announces Termination of Agreement

TORONTO, Ontario, January 5, 2017 – Telferscot Resources Inc. (CSE:TFS) (“Telferscot” or the “Company”) announces that as at December 31, 2016 a number of conditions precedent to the closing of the previously reported transaction with Auxico Resources Canada Inc. (“Auxico”) remained outstanding. Accordingly, the agreement with Auxico has been terminated and pursuant to the terms…

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Telferscot Signs Extension Agreement with Auxico Resources and Grants Options

TORONTO, Ontario, October 5, 2016 – Telferscot Resources Inc. (CSE:TFS) (“Telferscot” or the “Company”) announces that further to its news release dated June 30, 2016, the Company and Auxico Resources Canada Inc. (“Auxico”) have signed an amendment to the Amalgamation Agreement to extend the closing date to December 31, 2016. Telferscot has also granted 10,150,000…

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Telferscot Signs Agreement to Acquire Silver-Gold Assets in Mexico

TORONTO, Ontario, June 30, 2016 – Telferscot Resources Inc. (CSE:TFS) (“Telferscot”) and Auxico Resources Canada Inc. (“Auxico”), a private Canadian corporation, are pleased to announce that they have entered into an amalgamation agreement (the ”Amalgamation Agreement”) as per the Letter of Intent (see press release May 17, 2016). Pursuant to the Amalgamation Agreement, and on…

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Telferscot Extends Letter of Intent with Auxico

TORONTO, Ontario, June 16, 2016 – Telferscot Resources Inc. (CSE:TFS) (“Telferscot” or the “Company”) has agreed to an extension to the previously announced letter of intent dated May 17, 2016 (the “LOI”) to acquire the issued and outstanding shares of Auxico Resources Canada Inc.(“Auxico”) (see press release dated May 17, 2016). Telferscot and Auxico have…

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Telferscot to Acquire Silver/Gold Mines in Mexico & Strategic Supply Alliance

Telferscot Resources Inc. (CSE:TFS) (“Telferscot” or the “Company”) is pleased to announce the signing of a binding Letter of Intent (“LOI”) to acquire the issued and outstanding shares of Auxico Resources Canada Inc.(“Auxico”). The LOI calls for the issuance of up to 23,500,000 shares of the Company following a consolidation of Telferscot shares to equal…

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Telferscot Resources Announces Return of Capital

TORONTO, Ontario, March 24, 2016 – Telferscot Resources Inc. (CSE:TFS) (“Telferscot” or the “Company”) is pleased to announce a distribution to shareholders of record on March 10, 2016 (“Shareholders”) of $0.0145 per share (“Distribution”) as and by way of a reduction in the stated capital of the Company. Shareholders have the option, at their election,…

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Telferscot Resources Announces Asset Sale and Distribution

TORONTO, Ontario, March 2, 2016 – Telferscot Resources Inc. (CSE:TFS) (“Telferscot” or the “Company”) is pleased to announce the completion of the previously announced sale of its interest in DR Congo exploration company, Kolwezi Copper Corp. (see Telferscot press releases from January 11 and 28, 2016 for complete details of the sale) and subsequent distribution…

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Telferscot Resources Annual General & Special Meeting

TORONTO, Ontario, January 28, 2016 – Telferscot Resources Inc. (CSE:TFS) (“Telferscot” or the “Company”) has set the date of its Annual General and Special Meeting of shareholders to be held at the Company’s offices on February 25, 2016 at 10:00 am EST. In addition to the normal course business issues to be addressed, shareholders will…

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Telferscot Resources Completes Definitive Agreement for Sale of Kolwezi Copper Corp.

TORONTO, Ontario, January 11, 2016 – Telferscot Resources Inc. (CSE:TFS) (“Telferscot” or the “Company”) is pleased to announce that it has completed a definitive agreement for the sale of its 2,775 common shares of Kolwezi Copper Corp. (“KCC”) (the “Definitive Agreement”) which holds the Kolwezi exploration permits in Katanga Province, Democratic Republic of Congo. The…

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Telferscot Resources Announces Intent to Sell Its interest in Kolwezi Copper Corp.

TORONTO, Ontario, November 11, 2015 – Telferscot Resources Inc. (CSE:TFS) (“Telferscot” or the “Company”) is pleased to announce that it has entered into a Letter of Intent (the “LOI”) to sell its 2,775 common shares or approximately 7.4% interest in Kolwezi Copper Corp. (“KCC”) for USD 854,700 (the “Sale”). The Sale will close in two…

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Telferscot Resources Announces Closing of Financing

TORONTO, Ontario, October 6, 2015 – Telferscot Resources Inc. (CSE:TFS) (“Telferscot” or the “Company”) is pleased to announce that it has closed the second and final tranche of the financing previously announced on May 13, 2015. The Company issued $250,000 in convertible notes (the “Notes”) for total proceeds of $250,000. The Notes are interest free…

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Telferscot Resources Announces Closing of First Tranche of Financing

TORONTO, Ontario, June 22, 2015 – Telferscot Resources Inc. (CSE:TFS) (“Telferscot” or the “Company”) is pleased to announce that it has closed the first tranche of the financing previously announced on May 13, 2015.  The Company issued 30,000,000 common shares at $0.005 for total proceeds in the first tranche of $150,000.    Telferscot plans to…

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Telferscot Resources Announces Financing and Potential Business Acquisition

TORONTO, Ontario, May 13, 2015 – Telferscot Resources Inc. (CSE:TFS) (“Telferscot” or the “Company”) is pleased to announce that it has entered into a letter of intent with Resideo Properties Inc. (“Resideo”) to acquire the business of Resideo following the completion of due diligence and a formal purchase agreement (the “Acquisition”).   It is anticipated…

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Telferscot Resources Announces Approval of 2015 Budget for Kolwezi Copper Project

TORONTO, Ontario, June 26, 2014 – Telferscot Resources Inc. (CNSX:TFS) (“Telferscot” or the “Company”) is pleased to announce that the board of Kolwezi Copper Corp. (“KCC”) and its majority shareholder, Ivory Mines Investments Limited (“Ivory”), have approved the annual exploration budget for KCC for the period ending June 2015.  KCC will use these funds to…

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Telferscot Resources Announces Completion of Share Exchange

TORONTO, Ontario, October 23, 2013 – Telferscot Resources Inc. (CNSX:TFS) (“Telferscot” or the “Company”) announces the completion of the share exchange transaction (“Exchange Transaction”) approved by the Company’s shareholders at its Annual General and Special Meeting held on August 19th, 2013 (See the Company’s Management Information Circular dated July 10, 2013). As per the terms…

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Telferscot Resources Announces USD 20 million Financing of its Kolwezi Copper Project

TORONTO, Ontario, June 4, 2013 – Telferscot Resources Inc. (CNSX:TFS) (“Telferscot” or the “Company”) is pleased to announce that its subsidiary Kolwezi Copper Corp. (“KCC”) has entered into a binding agreement (the “Agreement”) with an arms length, third party to provide USD 20 million of funding to advance its Kolwezi Project in the copper-cobalt rich…

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Telferscot Resources Grants Stock Options

TORONTO, Ontario, November 29, 2012 – Telferscot Resources Inc. (CNSX:TFS) (“Telferscot” or the “Company”) announces that it has granted stock options to purchase up to 1,900,000 common shares of the Company to certain directors, officers and employees of the Company.  The options have an exercise price of $0.15 per common share, a term of five…

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Telferscot Resources Announces Non-Brokered Private Placement; Adds New Director

TORONTO, Ontario, November 14, 2012 – Telferscot Resources Inc. (CNSX:TFS) (“Telferscot” or the “Company”) is pleased to announce that it has completed a non-brokered private placement of 3,313,000 common shares at a price of CAD 0.15 per share for gross proceeds of CAD 496,950. The Securities are legended and restricted from trading for four months. …

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Telferscot Resources Provides Operational Update on Copper Exploration in the Democratic Republic of Congo

TORONTO, Ontario, October 29, 2012 – Telferscot Resources Inc. (CNSX:TFS) (“Telferscot” or the “Company”) is pleased to provide an operational update for its Kolwezi Project situated in the copper-cobalt rich Kolwezi District located in Katanga Province. During September 2012, the Company completed a combined airborne magnetic and radiometric survey of exploration licences PR 12717, PR…

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Telferscot Resources Acquires 3 New Copper Exploration Permits in the Democratic Republic of the Congo

TORONTO, Ontario, June 12, 2012 – Telferscot Resources Inc. (CNSX:TFS) (“Telferscot” or the “Company”) is pleased to announce that its subsidiary Kolwezi Copper Corp. (“Kolwezi Copper” or “KCC”) has acquired three additional exploration permits in the Democratic Republic of the Congo (“DRC”).  The permits are situated in the copper-cobalt rich Kolwezi District located in Katanga…

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Telferscot Announces Change of Auditor

TORONTO, Ontario, April 23, 2012 – Telferscot Resources Inc. (CNSX: TFS) (“Telferscot” or the “Company”) wishes to announce that its former auditor, Jim M. Smith, Chartered Accountant Inc., has resigned and has been replaced by MSCM LLP.  The resignation was a result of Mr. Smith being a sole practitioner and having his external engagement quality…

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Telferscot Resources Appoints CHF Investor Relations

TORONTO, Ontario, April 10, 2012 – Telferscot Resources Inc. (CNSX: TFS) (“Telferscot” or the “Company”) is pleased to announce the appointment of CHF Investor Relations (“CHF”) to provide investor relations services including its market liquidity program to the Company.  Effective April 9, 2012, the Company has entered into an agreement with CHF for the provision…

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Telferscot Resources Announces Non-Brokered Private Placement and Commencement of Drilling

TORONTO, Ontario, October 28, 2011 – Telferscot Resources Inc. (CNSX:TFS) (“Telferscot” or the “Company”) is pleased to announce that it has completed a non-brokered private placement of 4 million common shares at a price of CAD$0.25 per share for gross proceeds of CAD$1,000,000. The Company reserves the right to issue up to 2,000,000 additional common…

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Telferscot Resources Strengthens Management Team and Grants Stock Options

TORONTO, Ontario, July 27, 2011 – Telferscot Resources Inc. (CNSX:TFS) (“Telferscot” or the “Company”) is pleased to announce the creation of the positions of President and Chief Operating Officer and the immediate appointment of William (Bill) Trewick to the same. In addition, Mr. Trewick is joining the Board of Directors of the Company. The Company…

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Telferscot Resources Completes Acquisition of Copper-Cobalt Exploration Company

TORONTO, Ontario, July 18, 2011 – Telferscot Resources Inc. (CNSX:TFS) (“Telferscot” or the “Company”) is pleased to announce the completion of its of acquisition of 1830953 Ontario Inc. (as previously announced on June 13, 2011) and the assumption of that company’s rights and obligations to earn into exploration projects located in the Kolwezi district in…

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Telferscot Resources Declares Intent to Explore for Copper in the DRC

TORONTO, Ontario, June 13, 2011 – Telferscot Resources Inc. (CNSX:TFS) (“Telferscot” or the “Company”) is pleased to announce the signing of a binding Letter of Intent to acquire up to 100% of an exploration property (the “Property”) located in the Kolwezi district in the Democratic Republic of Congo (“DRC”). The subject property has been identified as prospective…

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Telferscot Resources Commences Trading on CNSX

TORONTO, Ontario, April 21, 2011 – Telferscot Resources Inc. (CNSX:TFS) (“Telferscot” or the “Company”) is pleased to announce that the common shares of the Company will begin trading today on the Canadian National Stock Exchange (“CNSX”) under the symbol “TFS”.

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