Gamma Resources Ltd.

British Columbia, Feb. 22, 2018 -- Medallion Resources Ltd. today announces that it has increased its non-brokered private placement, announced February 2, 2018 by 1,000,000 units and total 5,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $500,000 . Each Unit will consist of one Common Share and one transferable common share purchase warrant with a three-year term. Each Warrant will be exercisable [...]

VANCOUVER, British Columbia, Feb. 07, 2018 -- Medallion Resources Ltd. , the smart producer of magnet metals, is pleased to announce that it has successfully completed the bench-scale optimization phase of its metallurgical testwork. This critical phase produced a cerium-depleted, rare-earth element concentrate derived from monazite sand. The final report from the Saskatchewan Research Council is expected within 10-15 [...]

British Columbia, Feb. 02, 2018 -- Medallion Resources Ltd. – “Medallion” or the “Company”), the smart producer of magnet metals, is pleased to announce that it has arranged a non-brokered private placement of up to 4,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $400,000 . Each Unit will consist of one common share of the Company and one transferable Common Share [...]

VANCOUVER, British Columbia, Dec. 22, 2017 -- Medallion Resources Ltd. , the smart producer of magnet metals, is pleased to provide a corporate and market development update. Medallion is pursuing near-term production of a rare-earth element concentrate rich in NdPr from by-product monazite sand. NdPr are the key metals used to produce high-powered and lightweight rare-earth permanent magnets. The market for rare-earth [...]

VANCOUVER, British Columbia, Oct. 31, 2017 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V:MDL)(OTCPK:MLLOF) (“Medallion” or the “Company”), that further to its news releases of September 15, 2017 and October 3, 2017, the Company announces that it has completed its private placement offering (“Offering”) for gross proceeds of $670,000 and will not be closing any subsequent tranches [...]

VANCOUVER, British Columbia, Oct. 26, 2017 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V:MDL) (OTCPK:MLLOF) (“Medallion” or the “Company”), is pleased to report that, following its recent private placement financing, it has resumed its process development test-work to extract rare-earth elements (REE) from by-product monazite sand at the Saskatchewan Research Council (SRC). Kurt Forrester [...]

VANCOUVER, British Columbia, Oct. 03, 2017 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V:MDL) (OTCPK:MLLOF) (“Medallion” or the “Company”), today announced that it has closed the first tranche of its non-brokered private placement (the “Offering”), as announced in its July 12, 2017 and September 15, 2017 news releases, for gross proceeds to date of $670,000. Medallion is pursuing [...]

Medallion Resources today announced that further to its news release issued July 12, 2017, the Company is increasing its private placement to raise gross proceeds of up to $760,000. The recent and significant increase in rare-earth oxide prices, following a long period of low and relatively flat pricing, has been driven by the gro...

Medallion Resources is pleased to report that the TSX Venture Exchange has approved the consolidation of its issued and outstanding common shares on the basis of one new common share for every four currently-outstanding Common Shares, which was originally announced in the Company’s news release dated July 12, 2017.

Medallion Resources, today announced that it plans to complete a consolidation of its issued and outstanding common shares on the basis of one new common share for every four currently-outstanding Common Shares. It is anticipated that the Share Consolidation will reduce the number of outstanding shares of the Company from 84,091,933 Common Shares to approximately 21,022,983 Consolidated Common Shares. The Board of [...]