Taltson Critical Minerals Corp., a Canadian mineral exploration firm listed on the CSE under the ticker SLZ, announced the appointment of Casey Forward, CPA and CGA, as its new chief financial officer and a director. Forward succeeds Heath Ellingham, who resigned to pursue other business interests. Forward brings senior‑management experience from public and private mining companies operating in Canada, the United States and South America.
In a concurrent financing move, Taltson closed a non‑brokered private placement that generated gross proceeds of $85,000. The offering comprised 2,125,000 units priced at $0.04 each. Each unit contains one common share and one warrant allowing the purchase of an additional share at $0.07 for three years. The securities are restricted from trading until January 22, 2027, and the net proceeds will be used for general working capital.
An insider in the company purchased 500,000 units for $20,000, representing 23.5% of the total amount raised. The transaction qualified as a related‑party transaction under Multilateral Instrument 61‑101 and was approved by the board. Because the transaction value did not exceed 25% of Taltson’s market capitalization, the company was exempt from formal valuation and minority‑shareholder approval requirements.
Taltson’s primary asset is the O’Connor Lake project, a 76.25‑square‑kilometre exploration property located about 100 km east of Fort Resolution in the South Slave region of the Northwest Territories. The company continues to focus on advancing the project while maintaining sufficient liquidity through the recent placement.
