Thelon Capital Ltd.

Thelon Capital Ltd.

September 14, 2011 09:42 ET

Thelon Engages Primoris Group Inc., Toronto

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 14, 2011) - Thelon Capital Ltd. (TSX VENTURE:THC)(FRANKFURT:TFHC) is pleased to announce that it has engaged Primoris Group Inc. to provide media relations services to the Company. Primoris Group is a Toronto-based investor and media relations firm.

Under the leadership of principals Joseph Carusone and Nick Boutsalis, Primoris Group will provide the Company with a full range of media relations services, coordinating editorial coverage through print, radio and TV, and online media outlets.

Under the terms of the agreement, which commences Sep 14, 2011 for a one-year period, Primoris Group will execute a comprehensive communications program to support the Company's growth strategy, for which it will be paid a fee of $7,000 per month. Primoris Group has also been granted options to purchase 200,000 common shares (being set as of today's date) of the Company exercisable for a period of Two years from the date of issuance (the "Options"). The Options will vest over an 18-month period.

The agreement between the Company and Primoris Group and the grant of Options are subject to regulatory approval. Primoris Group does not currently have any interest, directly or indirectly, in Thelon Capital or its securities, or any right or intent to acquire such an interest.


On behalf of the Board of Directors

Jason Walsh, President

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

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