VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 9, 2013) - Medallion Resources Ltd. (TSX VENTURE:MDL)(OTCQX:MLLOF)(FRANKFURT:MRD) ("Medallion" or the "Company") today announced that it has signed a memorandum of understanding (the "MOU") with Arab Mining Company ("Arab Mining"), a Jordan-based, Pan-Arab mining-industry investment firm. The MOU [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/25/13 -- Medallion Resources Ltd. (TSX VENTURE: MDL)(OTCQX: MLLOF)(FRANKFURT: MRD) ("Medallion" or the "Company") today announced that it has closed a non-brokered private placement, announced June 10, 2013, for gross proceeds of $400,000 comprising 2,000,000 common shares of Medallion at a price [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/20/13 -- Medallion Resources Ltd. (TSX VENTURE: MDL)(OTCQX: MLLOF)(FRANKFURT: MRD) ("Medallion" or the "Company") today announced that it has signed a memorandum of understanding (the "MOU") with Takamul Investment Company ("Takamul"), a subsidiary of government-owned Oman Oil Company, to conduct [...]
Medallion announces that its President, Don Lay, has arranged the sale through the facilities of the TSXV of 2,000,000 common shares of Medallion held or controlled by Mr. Lay at a price of $0.20 per share. The proceeds from the Disposition will be used by Mr. Lay to fund his subscription to a private placement by Medallion of 2,000,000 common [...]
Medallion is pleased to provide an update of recent Company developments. In support of Medallion's strategy of locating its proposed large-scale, rare-earth-processing facility within the Middle Eastern Gulf States, the Company continues to negotiate financing and investment terms with a number of interested sovereign-related parties, who want to [...]
Medallion, announces that, working with metallurgical consultants, it has produced preliminary processing technical plans, including flow sheets and initial capital and operating financial models, for a monazite-based rare-earth processing facility, which is expected to be constructed in the Middle East. The proposed facility, based on assumed [...]
Medallion announces that, after extensive review including meetings and site visits in several Middle Eastern jurisdictions, the Company expects to construct its proposed large-scale, rare-earth processing facility within the Gulf States. Since March 2012, the Company has been actively engaged with potential Middle East sovereign-supported [...]
