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“This consolidation is a logical transaction and compelling opportunity to create value for both sets of shareholders by unlocking important synergies in the exploration and development of the
“Assuming the TMK transaction completes, Talon shareholders will continue to have a material interest in the upside associated with Gurvantes, while at the same time mitigating the liquidity and funding risks that would have existed in the unlisted spin-out structure.
“The Talon board believes that the TMK transaction is in the best interests of Talon shareholders and unanimously recommends it to our shareholders.”
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