Research Coverage Initiated on Telson Resources Inc - Buy Recommendation Sparks High Volume Trading Day for TSXV:TSN (OTCBB:SOHFF)
FUNDAMENTAL RESEARCH CORP INITIATES ANALYSTS COVERAGE OF TELSON RESOURCES INC.

Research Coverage Initiated on Telson Resources Inc - Buy Recommendation Sparks High Volume Trading Day for TSXV:TSN (OTCBB:SOHFF)

Telson Resources Inc. had a good day on the market today after Fundamental Research Corp. ("FRC") published an analyst research report on the company. Stock closed up $0.19 on large volumes both in Canada on the TSX venture exchange and in the US on the OTC BB.

I am delighted to see some recognition of the companies underlying intrinsic value being recognized today on the market. In my opinion, still a long ways to go and based upon the development progress and success achieved to date, I am confident that Telson's management team can move forward on its development plans to realize the ultimate value contained within its resource projects.

For anyone interested the analyst report it is currently available to view, or to download, from FRC’s website - www.researchfrc.com or upon written request from FRC.

Fundamental Research Corp.

Analysts: Sid Rajeev and/or Anthony de Ruijter

Suite 308 – 1155 West Pender Street

Vancouver, BC, Canada V6E 2P4

telephone: 604-682-7050, fax: 604-682-7001, email: [email protected]

Telson Resources Inc. is a Canadian based resource development company advancing two gold, silver and base metal projects towards production over the coming months of 2017 and early 2018. Telson's Tahuehueto Project, located in north-western Durango State, Mexico and its recently acquired Campo Morado Mine in Guerrero, Mexico purchased from Nyrstar Mining are both polymetallic deposits containing significant gold, silver, lead, zinc and copper. Subject to securing funding, Telson plans to recommence mining operations at Campo Morado within 3 to 5 months while at the same time develop it's Tahuehueto Project through the mine construction phase with an anticipated timeline to be producing at the project site in its own mineral processing facility by the first quarter of 2018 or earlier.

For regulatory compliance please review the following disclaimer prior to viewing the research report,

The opinions expressed in the Research Report referenced above are the true opinions of the analyst about Telson and its industry.  Any “forward looking statements” are FRC’s best estimates and opinions based upon information that is publicly available and that analysts believe to be correct, but have not independently verified with respect to truth or correctness. There is no guarantee that the analyst’s forecasts will materialize.  Actual results will likely vary.  The analysts and Fundamental Research Corp. “FRC” do not own any shares of Telson, do not make a market or offer shares for sale of Telson, and do not have any investment banking business with the Telson.   Although the Company has paid a fee to FRC to subsidize the high costs of research and monitoring (just as fees are paid to bond-rating agencies and auditors for their opinions), the Company is not responsible for the content, accuracy or timelines contained in an analyst’s report and the fee was not dependent on the opinion provided. In addition, readers should be aware, and are cautioned, that opinions, estimates, or forecasts contained in research analyst reports are not subject to the requirements of Canadian National Instrument 43-101 “Standards of Disclosure for Mineral Projects” (“NI 43-101”) and have not received any endorsement or approval by Telson. As such, Telson does not imply or in any way represent that any of the reports, opinions, estimates, or forecasts regarding Telson made by research analysts complies with NI 43-101 or represent the opinions or beliefs of Telson or its management or representatives. In addition to information filed by Telson as found on SEDAR (www.sedar.com), readers should only refer to the technical report(s) of Telson relating to its projects for information about the projects prepared in accordance with NI 43-101. FRC takes steps to ensure independence including setting fees in advance and utilizing analysts who must abide by CFA Institute Code of Ethics and Standards of Professional Conduct. Additionally, FRC analysts may not trade in any security under coverage. FRC’s full editorial control of all research, timing of release of the reports, and release of liability for negative reports are protected contractually. To further ensure independence, Telson has agreed to a minimum coverage term including an initial report and three updates.  Coverage cannot be unilaterally terminated.



Ould Babou Mohamed

Business Develop Manager chez SMEP

7 年

Congrats Ralph

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