Medallion Resources Ltd. is pleased to announce it has entered into a definitive agreement with ACDC Metals Ltd. whereby ACDC has the right to use Medallion's proprietary monazite processing technology, the Medallion Monazite Process to extract rare earth elements from monazite sourced as a by-product of heavy mineral sand production. ACDC has secured rights to acquire interests in four heavy mineral sand properties in [...]
Medallion Resources Ltd. is pleased to announce it has received proceeds of Cdn $1,286,000 from the issuance of US$1,150,000 Principal Amount unsecured notes due August 2, 2023 bearing interest at 5% issued to two US investors at an original issue discount of US$150,000. Subject to regulatory approval and completion of the planned public offering of shares or units and uplist to the Nasdaq Capital Market (the “UpList”) or [...]
Medallion Resources Ltd. is pleased to announce it has received proceeds of Cdn $1,286,000 from the issuance of US$1,150,000 Principal Amount unsecured notes due August 2, 2023 bearing interest at 5% issued to two US investors at an original issue discount of US$150,000. Subject to regulatory approval and completion of the planned public offering of shares or units and uplist to the Nasdaq Capital Market or other U.S [...]
Medallion Resources is pleased to announce the appointment of Mr. Douglas Newby as the Company’s new CFO and Corporate Secretary. Mr. Newby has extensive and diverse experience in finance, financial management, and project evaluation and implementation primarily focused on industrial, precious, and specialty metals including rare earth elements and lithium. He has held senior positions with global investment banks, and [...]
Medallion Resources is pleased to announce that shareholders have approved all resolutions put forth at the Annual General and Special Meeting of Shareholders held in Vancouver, on May 27, 2022. In the annual meeting, 34.86% of the eligible shares were represented and all motions put forward by the Company were passed. The number of directors of the Company was fixed at six and Mark Saxon, Rod McKeen, David Shaw, Andrew [...]
Medallion Resources is pleased to announce important progress by ACDC Metals Pty Ltd. Under a non-binding LOI, Medallion agreed to license its proprietary Medallion Monazite Process to ACDC to extract REE from monazite byproduct from ACDC’s projects and other third-party sources in southeastern Australia. Medallion and ACDC are currently negotiating a Definitive Licensing and Royalty Agreement under which ACDC plans to [...]
Medallion Resources is pleased to announce that it plans to introduce a resolution at its upcoming Annual General and Special Meeting of Shareholders to enable the Company’s common shares to continue trading on the TSX-V after the planned listing on the Nasdaq Capital Market. In its news release dated April 26, 2022, Medallion announced a new strategic plan to position the Company in the near term as a technology leader [...]
Medallion Resources announces that it will be exhibiting at the upcoming Vancouver Resource Investment Conference at the Vancouver Convention Centre West on Tuesday, May 17 and Wednesday, May 18, 2022. Medallion’s management team invite current shareholders, potential investors, analysts, brokers, and interested parties to visit booth #309 to discuss the Company's recent activities, including updates on the Company's New [...]
Medallion Resources Ltd. issued a press release on March 28, 2022 announcing signing of an exclusivity agreement with a private North American research company to provide a three-month period to undertake additional due diligence on proprietary REE metallization and rare earth magnet recycling technologies. The Press Release contained information with regard to the Ligand Assisted Displacement (“LAD”) Chromatography [...]
Medallion Resources Ltd. is pleased to announce the launch of a new strategic plan to position the Company in the near term as a technology leader within the industries essential to the generation, storage, and efficient use of clean energy. Key parts of the plan include a strengthened executive leadership team, up-listing to Nasdaq Capital Markets, and rebranding as Medallion Innovations Corp. to better reflect the [...]
Medallion Resources Ltd. is pleased to announce signing of an exclusivity agreement with a private North American research company to provide a three-month period to undertake additional due diligence on proprietary rare earth element metallization and rare earth magnet recycling technologies. If the technical due diligence is successful, Medallion will seek to negotiate investment terms to acquire or partner on all or [...]
Medallion Resources Ltd. is pleased to announce the appointment of Dr. Kurt Forrester as a director of the Company. Mr. Daniel Mamadou has resigned as a non-executive director to pursue other engagements, and shall join Medallion's Advisory Board. The Company thanks Mr. Mamadou for his input and vision as a director, and wishes him success in his future ventures. The appointment of Dr. Forrester signals a significant [...]
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