Medallion Resources Ltd (CVE:MDL) (OTCQX:MLLOF) announces that the company's shares commenced trading Tuesday on the U.S. Over-the-Counter (OTC) market's highest tier, OTCQX®, under the symbol MLLOF.
Medallion Resources (CVE:MDL) reports that it has appointed Mr Donald M Lay, presently a director of the Company, to the position of President and Dr William Bird has been appointed as Chairman of the Board, while remaining Medallion's CEO.
Medallion Resources Ltd (CVE: MDL) reports a $2.7 million private placement arrangement of up to 9 million units at $0.30 per unit for gross proceeds of up to $2,700,000. The proceeds of the Offering will be used for further exploration of the Company’s Eden rare-earth-element (REE) project in Manitoba and its Red Wine heavy REE project [...]
Medallion Resources Ltd (CVE:MDL) reports on its Red Wine project reconnaissance sampling in Labrador, Canada. The sampling is part of the 2010 exploration program, which Medallion is conducting as part of its requirements for acquiring a 100% interest in the six mineral licenses that comprise the Red Wine Property (the “Property”). For complete news release, click here. For [...]
Medallion Resources (CVE:MDL) reports it has received data from its recent completed airborne geophysical survey on it’s heavy rare-earth project, Red Wine district of Labrador, Canada. The new data both expands and supports previous estimates on the area for rare-earth mineralization. For complete news release, click here. For Medallion’s company profile,click here.
Medallion Resources (CVE:MDL) reports it has received approval from Eden REE project acquisition agreement with Rare Element Resources Ltd. The Exchange has also accepted for filing the Eden REE Project NI43-101-compliant Technical Report (the “Report”), which is posted on SEDAR and the Company’s website. For complete news release, click here. For Medallion Resources’ company profile, click here.
Medallion Resources (CVE:MDL) reports that it has closed its non-brokered unit private placement. Each Unit consists of one common share and one transferable common-share purchase warrant (a “Warrant”). Each Warrant can be exercised to acquire one common share at an exercise price of $0.25 for a period of 36 months from closing of the Offering (12 [...]
Medallion Resources Ltd. reports that it has added 2 additional mineral licences to its existing Red Wine heavy-rare-earth-element exploration property. These new mineral licenses cover important key areas of the well-known northern Red Wine peralkaline intrusion, which is known to contain eudialyte, a mineral widely expected by experts to eventually supply a significant portion of the world’s heavy-REE [...]
Friday, The House of Representatives approved the National Defense Authorization Act, which outlines the US Department of Defense’s (DoD) budget and expenditures. Included in the Act was an amendment to formulate a plan to establish a domestic source of rare earth element neodymium.
Medallion Resources Ltd. (TSX VENTURE:MDL) reported the closure, on 31 December 2009 of its non-brokered flow-through private placement offering.
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