Medallion Resources closes private placement
Medallion Resources Ltd. (TSX VENTURE:MDL) reported the closure, on 31 December 2009 of its non-brokered flow-through private placement offering.
The press release is quoted as saying:
Medallion focuses on exploration for rare-earth elements (REE’s), lithium and other metals required by the new energy-saving technologies. The Company’s first project, announced 1 Dec 2009, is the Eden REE project in Western Manitoba.