Talon Metals Corp.
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Talon Metals Corp. - overview
Established
2005
Location
Road Town, -, British Virgin Islands
Primary Industry
Mining
About
Talon Metals Corp. is a mining company focused on the extraction and production of high-grade nickel, copper, and cobalt, primarily through its Tamarack Nickel-Copper-Cobalt Project in Minnesota, USA. Talon Metals Corp. was founded in 2005 in Road Town, British Virgin Islands, and specializes in the mining sector.
The company has raised a total of CAD 33. 95 mn through multiple funding rounds, with its latest round being a PIPE Private Placement in January 2022, led by TD Securities. The CEO is Henri Rooyen. Talon Metals Corp.
operates primarily in the mining sector, focusing on extracting high-grade nickel, copper, and cobalt from the Tamarack Nickel-Copper-Cobalt Project in Minnesota, USA. The company produces nickel in concentrate, essential for electric vehicle (EV) batteries. Talon has agreements with manufacturers, including Tesla Inc. , to supply sustainable and responsibly sourced materials for the automotive and battery industries.
In the most recent financial year 2015, Talon Metals Corp. reported a revenue of CAD 4,943. 6 mn, with an EBITDA of CAD -4,892,626. 4.
Talon Metals Corp. plans to leverage the recent funding of CAD 33. 95 mn raised through a private placement to support its expansion efforts. The company is focusing on launching new products in the next year and expanding its market presence, particularly in the electric vehicle sector.
This includes targeting key international markets to meet the growing demand for high-grade nickel and other essential materials for battery production.
Current Investors
Resource Capital Funds
Primary Industry
Mining
Sub Industries
Metal Mining
Website
www.talonmetals.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Talon Metals Corp. - financials
| Fiscal Year Ended | Dec 31, 2009 | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | - | 6,311 | - | - | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBITDA (USD) | - | - | - | - | - | - | (6,245,897) | - | - | - | - | - | (5,561,154) | - | - | - |
| Operating Income (USD) | - | - | - | - | - | - | (6,303,315) | - | - | - | - | - | (5,561,154) | - | - | - |
| Operating Margin | - | - | - | - | - | - | (99878.2%) | - | - | - | - | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | (98968.4%) | - | - | - | - | - | - | - | - | - |
| NET Income (USD) | 1,800,000 | 4,400,000 | (5,600,000) | (18,600,000) | (7,200,000) | (17,300,000) | (6,303,315) | (1,400,000) | (3,200,000) | (9,400,000) | (4,000,000) | (2,700,000) | (5,545,812) | - | - | - |
| % Net Margin | - | - | - | - | - | - | (99878.2%) | - | - | - | - | - | - | - | - | - |
Talon Metals Corp. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE, Private Placement/Follow on | Completed | Talon Metals Corp. | - | ||||||||
| PIPE, Secondary Buyout | Completed | Talon Metals Corp. | - | ||||||||
| Private Placement/Follow on | Completed | Talon Metals Corp. | - | ||||||||
| Private Placement/Follow on | Completed | Talon Metals Corp. | - | ||||||||
| PIPE | Completed | Talon Metals Corp. | - |
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Talon Metals Corp. - employee data
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