Talon Metals Appoints New Chief Financial Officer

Road Town, Tortola, British Virgin Islands (June 15, 2012) – Talon Metals Corp., (“Talon” or the “Company”) (TSX: TLO) is pleased to announce that Mr. Vince Conte has been appointed Chief Financial Officer of Talon, effective today. Mr. Conte is a Chartered Accountant who was previously Vice President of Corporate Development and Financial Evaluation at Tau Capital Corp.

Prior to his position at Tau Capital, Mr. Conte was a Senior Manager with Deloitte & Touche LLP (“Deloitte”) in Toronto, practicing in the Financial Advisory Group. In this role, Mr. Conte advised numerous mining companies and investors in the areas of valuations, mergers & acquisitions, and financial due diligence in connection with mining projects at all stages of development and located throughout North America, South America, Australia and Africa. In addition, while at Deloitte, Mr. Conte provided audit, accounting, internal control and consulting services.

Mr. Conte obtained his Bachelor of Mathematics and Masters of Accounting degrees from the University of Waterloo. He is a member of the Institute of Chartered Accountants of Ontario, the Chartered Financial Analyst Institute and the Canadian Institute of Chartered Business Valuators.

“With a multi-functional financial skill set, Vince Conte is an excellent addition to Talon’s senior management and it is my pleasure to welcome him to the team,” said Henri van Rooyen, CEO of Talon.

Talon wishes to thank Mr. Manoel Carlos Cerqueira, the outgoing CFO, for his service to the company and wishes him well in all his future endeavours.

About 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$18 million and has 92.0 million common shares outstanding and 110.9 million shares on a fully diluted basis.

Erica Belling
VP Investor Relations
Tau Capital Corp.
Tel: (416) 361-9636 x 243
Email: ebelling@taucapital.com