Talon Metals Corp., declared that it has concluded an agreement with Kmine Holdings Ltd., a private company, to acquire a 100% interest in Bancor Mineracao Ltda., a Brazilian subsidiary of Kmine. Bancor has eight potash project areas in the Sergipe and Alagoas States of Brazil comprising a total of 36,402 hectares for which it holds exploration licenses for potash or has applied for exploration licenses.

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