Talon Metals Completes the Sale of the Sao Jorge Royalty for C$2.5 Million

ROAD TOWN, BRITISH VIRGIN ISLANDS--(Marketwired - Aug. 25, 2015) - Talon Metals Corp. (TSX:TLO) (together with its Brazilian subsidiary, Talon Ferrous Mineração Ltda., "Talon" or the "Company") is pleased to announce that, further to the news release on August 17, 2015, the Company has completed the sale of the 1% net smelter returns royalty that the Company holds over the São Jorge Gold Project in Pará State, Brazil to Orion Mine Finance for gross proceeds of US$1.9 million (approximately C$2.5 million).

About Talon

Talon is a TSX-listed company focused on the exploration and development of the Tamarack Project in Minnesota, USA (which comprises the Tamarack North Project and the Tamarack South Project). The Company has a well-qualified exploration and mine management team with extensive experience in project management.

For additional information on Talon, please visit the Company's website at www.talonmetals.com.