The Gold Investment Letter helps sophisticated investors maximize profits in mining stocks with unbiased, specific, and actionable recommendations. Wednesday, we updated readers and subscribers on our blog with a new post on "Medallion Resources". The post can be read on our blog page:
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 18, 2013) - Medallion Resources Ltd. (TSX VENTURE:MDL)(OTCQX:MLLOF)(FRANKFURT:MRD) ("Medallion" or the "Company") is pleased to announce that Chairman and Chief Executive Officer Dr. Bill Bird and President Don Lay will attend and present at two of Bally Capital Advisors' investment conferences on Oct. 1 and 2, 2013. Bally Capital Advisors SA is a Swiss based Asset-Manager [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 17, 2013) - Medallion Resources Ltd. (TSX VENTURE:MDL) (OTCQX:MLLOF) (FRANKFURT:MRD) ("Medallion" or the "Company") is pleased to announce the recent exercise of 1,571,000 common-share purchase warrants, resulting in gross proceeds of $392,750 to Medallion. The warrants were issued as part of the Company's July 2010 financing, entitling the holders to purchase one common [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 9, 2013) - Medallion Resources Ltd. (TSX VENTURE:MDL)(OTCQX:MLLOF)(FRANKFURT:MRD) ("Medallion" or the "Company") today announced that it has signed a memorandum of understanding (the "MOU") with Arab Mining Company ("Arab Mining"), a Jordan-based, Pan-Arab mining-industry investment firm. The MOU grants Arab Mining, for a period of six months, the exclusive right to [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/25/13 -- Medallion Resources Ltd. (TSX VENTURE: MDL)(OTCQX: MLLOF)(FRANKFURT: MRD) ("Medallion" or the "Company") today announced that it has closed a non-brokered private placement, announced June 10, 2013, for gross proceeds of $400,000 comprising 2,000,000 common shares of Medallion at a price of $0.20 per share (the "Private Placement").
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/20/13 -- Medallion Resources Ltd. (TSX VENTURE: MDL)(OTCQX: MLLOF)(FRANKFURT: MRD) ("Medallion" or the "Company") today announced that it has signed a memorandum of understanding (the "MOU") with Takamul Investment Company ("Takamul"), a subsidiary of government-owned Oman Oil Company, to conduct studies investigating the viability of constructing and operating a [...]
Medallion announces that its President, Don Lay, has arranged the sale through the facilities of the TSXV of 2,000,000 common shares of Medallion held or controlled by Mr. Lay at a price of $0.20 per share. The proceeds from the Disposition will be used by Mr. Lay to fund his subscription to a private placement by Medallion of 2,000,000 common shares of Medallion at a price of $0.20 per share, for gross proceeds to [...]
Medallion is pleased to provide an update of recent Company developments. In support of Medallion's strategy of locating its proposed large-scale, rare-earth-processing facility within the Middle Eastern Gulf States, the Company continues to negotiate financing and investment terms with a number of interested sovereign-related parties, who want to locate the facility at a suitable industrial site within their [...]
Medallion, announces that, working with metallurgical consultants, it has produced preliminary processing technical plans, including flow sheets and initial capital and operating financial models, for a monazite-based rare-earth processing facility, which is expected to be constructed in the Middle East. The proposed facility, based on assumed annual rare-earth-oxide production of 10,000 tonnes per year, incorporates [...]
Medallion announces that, after extensive review including meetings and site visits in several Middle Eastern jurisdictions, the Company expects to construct its proposed large-scale, rare-earth processing facility within the Gulf States. Since March 2012, the Company has been actively engaged with potential Middle East sovereign-supported joint-venture partners to arrange potential investment and to determine a suitable [...]
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