GABO Mining Ltd. . announced today that David Shaw has resigned from the Board of Directors, effective November 11, 2024. The Company sincerely thanks Mr. Shaw for his invaluable contribution over many years and wishes him all the best in his future endeavors. Gabriel Alonso-Mendoza, CEO, commented, "Both personally and on behalf of the Medallion [...]
GABO Mining Ltd. . is pleased to announce the closing of the second and final tranche of its non-brokered private placement for gross proceeds of $105,000. Further to the Company's price reservation of June 11, 2024 and its news release of June 26, 2024, the company has raised aggregate gross proceeds of $1,175,000 in the offering. As stated in the [...]
GABO Mining Ltd. . is pleased to announce the non-brokered private placement announced February 27, 2024 for gross proceeds of up to $1,000,000 has been increased to gross proceeds of up to $2,000,000 and the Company announces the closing of the first tranche on June 26, 2024 for gross proceeds of $1,103,000. The Private Placement will consist of [...]
Medallion Resources announces that effective February 14, 2024, the Company is changing its corporate identity and rebranding as "GABO MINING LTD." and will start trading on the TSX Venture Exchange under the symbol "GAB". The Company also announces that pursuant to directors' resolutions dated January 11, 2024 and following the receipt of all [...]
Medallion Resources announced today that Rod McKeen and Andrew Morden have resigned from the Board of Directors, effective immediately. Mark Saxon, a current Director, will assume the role of Chairman. The Company also announces the appointment of John C. Cunningham as Director. Mr. Cunningham currently serves as the President of VLP Inc., a [...]
Medallion Resources Ltd. announced today that its license to use ligand assisted displacement chromatography has terminated. The Medallion Board and management will consider next steps in light of this development. Separately, Douglas Newby has given notice of his resignation as Chief Financial Officer but has agreed to continue to serve for up to [...]
Medallion Resources announced that it has received notice of default from Purdue Research Foundation and has until October 17, 2023 to cure the default or the Company's license to use ligand assisted displacement chromatography will be terminated. The Company is in discussion with PRF about curing the default or extending the term but there is no [...]
Medallion Resources Ltd. announced today the appointment of Mr. Gabriel Alonso-Mendoza as Interim Chief Executive Officer. Based in New York City, Mr. Alonso-Mendoza is the founder and managing partner of Amvest Capital Inc., a specialist investment management and corporate finance firm focused solely on the natural resources sector. He brings 15 [...]
Medallion Resources Ltd. is pleased to announce that the holders of the Company's US$1,150,000 Principal Amount unsecured promissory notes originally due August 2, 2023 have agreed to extend the maturity date to October 31, 2023. In light of recent market conditions and the Company's decision to pursue financing alternatives other than listing on [...]
Medallion Resources Ltd.is pleased to announce a non-brokered private placement offering consisting of up to 40,000,000 units at a price of Cdn$0.05 per Unit, for gross proceeds of up to Cdn$2,000,000. Each Unit will comprise one common share of the Company and one-half of one common share purchase warrant, each whole warrant entitling the holder [...]
Medallion Resources Ltd. is pleased to announce completion of an internal strategic review of the Company's technologies, commercial opportunities, and challenges conducted by the Company's leadership team appointed in late 2022. Medallion's vision is to power the energy transition through innovation in critical minerals by becoming an [...]
Medallion Resources Ltd. is pleased to announce that ACDC Metals Ltd shares will begin trading on the Australian Securities Exchange on January 17, 2023 under the ticker ADC. ACDC has completed allocation of shares issued at A$0.20 per share in its initial public offering. Medallion holds 4,800,000 common shares, 2,500,000 performance rights that [...]
