Thelon Capital Ltd.

Thelon Capital is pleased to announce that William A. Cousins has joined the board of Directors and will act as the Chief Operating Officer (COO) of the company. Mr. Cousins, who is Managing Director of Clear Fork Mining, brings the company over 30 years proven management experience, and local knowledge in all stages of mine planning, permitting, leasing, and day-to-day mine operations in the Appalachian coal [...]

Thelon Capital is pleased to announce that it has arranged for a $4,500,000 Non Brokered Private Placement at $0.45 a unit. Each unit will consist of one common share and one 2 year share purchase warrant exercisable @ $1.00 the first year and $1.25 the second. This is subject to TSX Venture Exchange approval. Thelon Capital Ltd. is also pleased to announce that it has engaged Launch IR Capital Inc. (“Launch“) for [...]

Thelon Capital is pleased to announce that it has entered into an option to purchase a 100% interest in a Private Tennessee Mining Company. The company is a 30 year old privately held Mining Company currently producing 50,000 tons of Coal a month from 3 permitted mines, with a fourth permit in place and planned to start producing shortly. They currently are supplying local industrial and utility markets, with plans [...]

Thelon Capital is pleased to announce that it has exercised its option to purchase Clear Fork Mining Co., whereby Thelon will acquire the Jellico Coal Project in Tennessee, as per the Letter of Agreement announced May 18, 2010. The Jellico Coal Project consists of 6350 acres of fee simple land in the Cambell and Claiborne counties in the State of Tennessee. On March 1st 2006 Mountainside Mining Co. of Kentucky [...]

Thelon Capital is pleased to announce that it has employed the services of INNOVATIVE RECLAMATION TECHNOLOGIES & ENGINEERING CO., INC. (IRTEC) to perform and direct the exploration and reserve analysis for the JELLICO COAL PROJECT. The firm is owned and operated by Timothy K. Sloan, PE, PLS. IRTEC is the foremost engineering firm in the region and Mr. Sloan has an extensive knowledge of past mining in the Appalachian [...]