Telson Finalizes Empress Royalty Silver Stream Agreement

b'Vancouver, British Columbia--(Newsfile Corp. - April 16, 2021) - Telson Mining Corporation (TSXV: TSN) (OTC Pink: SOHFF) (FSE: TSGN) ("Telson" or the "Company") is pleased to announce the execution of the US$5M silver stream agreement (the "Stream Agreement") with Empress Royalty Corp. ("Empress") previously announced in its news release dated February 23, 2021 .\nUnder the terms of the Stream Agreement, Telson will deliver to Empress silver credits purchased from a bullion bank in an amount equivalent to 100% of the first 1,250,000 ounces of payable silver contained within produced lead and zinc concentrates; thereafter, the Stream percentage silver credit delivery will step down to 20% of the payable silver from produced lead and zinc concentrates.