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Talon Metals Corp.

12:44 PM EST - Talon Metals Corp. : announced that it has received the first payment from the sale of the São Jorge Gold Project to Brazilian Gold Corporation. Brazilian Gold has made the first payment to Talon of $1 million in cash and $500,000 in Brazilian Gold shares. Talon Metals Corp. shares T.TLO are trading down $.04 at $0.66.