VANCOUVER, BC--(Marketwired - August 04, 2015) - Medallion Resources Ltd. (TSX VENTURE: MDL) (OTC PINK: MLLOF) ("Medallion" or the "Company"), today announced that it has appointed GHC Minerals Ptd. Ltd. ("GHC") of Perth, Australia to source monazite sand concentrates from suppliers in South-East Asia. GHC is now actively working on the logistical and contractual issues required for the delivery of large sample lots and [...]
VANCOUVER, BC--(Marketwired - May 20, 2015) - Medallion Resources Ltd. (TSX VENTURE: MDL)(OTCQB: MLLOF) ("Medallion" or the "Company"), today announced that it has made significant progress on its lab-scale metallurgical testing to extract rare earths from beach sand monazite. This recent work, undertaken by the Company's Chief Technical Advisor Dr Bill Bird and a Denver-based metallurgical consultancy, confirms [...]
Medallion today announced that it has closed its non-brokered private placement, as announced in news releases issued April 8, 9 and 20, 2015, for total gross proceeds of $325,000. Pursuant to the Offering, the Company has issued 6,500,000 units (each a "Unit") at $.05 per Unit, each unit consisting of one common share and one-half of a transferable common share purchase warrant (a "Warrant"). Each whole Warrant is [...]
Medallion today announced that further to the news releases issued April 8 and 9, 2015, it now has increased its private placement to a total of $325,000. The Offering now calls for the issue of up to 6,500,000 units at $0.05 per Unit, each Unit consists of one common share and one-half of a transferable common share purchase warrant. Each whole Warrant is exercisable to acquire one common share at an exercise price of [...]
Medallion Resources today announced that due to strong interest it is increasing the private placement, announced April 8, 2015 by an additional $50,000 to a total of $300,000. The terms of the placement now call for the issue of up to 6,000,000 units at $0.05 per Unit for gross proceeds of up to $300,000 (the "Offering"). Each Unit consists of one common share and one-half of a transferable common share purchase warrant [...]
Medallion today announced that it has arranged a non-brokered private placement of up to 5,000,000 million units at $0.05 per Unit for gross proceeds of up to $250,000. Each Unit consists of one common share and one-half of a transferable common share purchase warrant. Each whole Warrant is exercisable to acquire one common share at an exercise price of $0.20, for a period of 3 years from closing of the Offering ("Closing [...]
VANCOUVER, BC--(Marketwired - March 02, 2015) - Medallion Resources Ltd. (TSX VENTURE: MDL) (OTCQB: MLLOF) ("Medallion" or the "Company") today announced that it has appointed R&R Consulting ("R&R") to provide investor relations services to the Company. R&R Consulting, with offices in Vancouver and Toronto, is a newly-formed investor relations advisory firm founded by principals Richard Penn and Roman Rubin. Most [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 29, 2015) - Medallion Resources Ltd (TSX VENTURE:MDL)(OTCQB:MLLOF) ("Medallion" or the "Company"), today announced the acceleration of its evaluation of jurisdictions outside the Middle East in order to expedite the approval, construction, and operation of its proposed monazite-based rare-earth processing facility. "Over the past year, as demand and prices for rare-earth [...]
Medallion Resources today announced that it has closed the second and final tranche of its non-brokered private placement announced November 9, and updated December 11, for total gross proceeds of $250,000. The Company has issued, pursuant to the closing of the second tranche of the placement, 2 million units (each a "Unit") at $0.05 per Unit for gross proceeds of $100,000. Each Unit in the offering (the "Offering [...]
Medallion, today announced that it has closed a first tranche of $150,000 of its $200,000 non-brokered private placement announced November 9, 2014. The Company also announced that it is increasing the private placement by an additional $50,000. The terms of the placement now call for the issue of up to 5,000,000 units at $0.05 per Unit for gross proceeds of up to $250,000. Each Unit consists of one common share and [...]
Medallion, today announced that it has arranged a non-brokered private placement of up to 4,000,000 million units at $0.05 per Unit for gross proceeds of up to $200,000. Each Unit consists of one common share and one-half of a transferable common share purchase warrant. Each whole Warrant is exercisable to acquire one common share at an exercise price of $0.20, for a period of 3 years from closing of the Offering.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 30, 2014) - Medallion Resources Ltd. (TSX VENTURE:MDL)(OTCQB:MLLOF)(FRANKFURT:MRD) ("Medallion" or the "Company") today announced the initiation of lab-scale extraction tests of rare earths from monazite. The extraction will use the standard commercial monazite process to produce a rare-earth chemical concentrate, co-products and waste materials of the type expected from a [...]