Road Town, Tortola, British Virgin Islands (February 9, 2012) – Talon Metals Corp., (“Talon” or the “Company”) (TSX: TLO) is pleased to announce that Mr. Henri Van Rooyen has been appointed CEO of Talon, effective immediately. The Talon board has accepted the resignation of Mr. Eddie Scholtz, which is due to the need for him to focus on his ongoing role within CIC Energy Corp. Mr. Scholtz will be available to Mr. Van Rooyen to ensure a smooth transition.
Mr. Van Rooyen has been working with Tau Capital Corp since 2000, and for the past 5 years, has been primarily responsible for its new business evaluation process and the implementation of exploration and development programs for mineral projects in countries across Africa and Latin America, including Brazil. Prior to joining Tau Capital, Mr. Van Rooyen was President & CEO of Groupman, a private company that built the largest silica mine in South Africa, as well as one of South Africa’s largest offshore diamond exploration projects.
“On behalf of the board we would very much like to thank Eddie Scholtz for his contributions to Talon and its iron projects,” said Warren Newfield, Chairman of Talon. “I would also like to welcome Henri Van Rooyen to Talon. Henri has assisted Talon on many occasions in the past as a consultant and he knows the Company well and brings extensive experience in the resource industry which will be of significant benefit to Talon.”
Talon is a TSX-listed company focused on the exploration and development of its portfolio of iron projects in Brazil. The Company has a well-qualified exploration and management team with extensive experience in exploration and project management.
Talon has a treasury of approximately CDN$21 million and has 92,001,687 common shares outstanding and 107,481,189 shares fully diluted.
For additional information on Talon please visit the Company’s website at www.talonmetals.wpengine.com or contact:
VP Investor Relations
Tau Capital Corp.
Tel: (416) 361-9636 x 243