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Talamore Mining issues $20M notes to fund Coffee Project construction and corporate needs.

Company Fundamentals
15 Oct 2026
Newsfile Corp
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Bullish
Talamore Mining issues $20M notes to fund Coffee Project construction and corporate needs.

Talamore Mining Corp. has issued the first tranche of secured promissory notes worth $20 million as part of a larger $450 million debt facility to finance its Coffee Gold Project in Yukon, Canada. The notes come with 47.25 million warrants exercisable at $15.50 per share over seven years, with restrictions on early exercise. The funds will support the construction and development of the Coffee Project and general corporate purposes. This financing move is crucial as Talamore advances toward a construction decision for its key gold project, while also maintaining commitments to local First Nations and environmental stewardship.

Talamore Mining Corp.'s recent debt facility closing provides context for Basic Materials sector activity. For readers following Basic Materials, here is Pluang's market snapshot as of Oct 16, 2026 04:41 WIB: 61 of 83 priced US stocks rose today. Notable movers include HYMC at USD 17.41 with a 6.52% gain and IAUX at USD 1.52 with a 5.90% increase.

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