Medallion Resources Ltd. is pleased to announce it has closed its $1,600,000 non-brokered private placement, with lead investments by Talaxis Limited and Amvest Capital, to fund development of the Company’s new North American-focused rare-earth element supply chain consortium. “We are delighted to have been able to invest in Medallion, building on [...]
Medallion Resources Ltd. is pleased to announce it has agreed to a $1,500,000 non-brokered private placement, pursuant to which it will issue up to 10,000,000 units at a purchase price of $0.15 per Unit for gross proceeds of up to $1,500,000. Each Unit will consist of one common share in the capital of the Company and one-half of a transferable [...]
Medallion Resources announces the appointment of Robert Doyle, CPA, CA, as the Company’s new Chief Financial Officer and Corporate Secretary. Bob is a principal of Pacific Opportunity Capital, a highly regarded Vancouver-based corporate services firm. “It’s great to receive the input of Bob and the support of the Pacific Opportunity team as we [...]
Medallion Resources Ltd. is pleased to announce it has entered into a services agreement with Singapore-based Talaxis. The non-binding Memorandum of Understanding specifies the terms for a close working relationship whereby Talaxis delivers to Medallion support for the global sourcing and transport of monazite, along with marketing of finished [...]
Medallion Resources is pleased to announce its participation within a newly formed technical and financial consortium aimed at accelerating the development of a comprehensive rare-earth element supply chain within the United States. The consortium comprises financial and industry partners including leading financial advisory firm Amvest Capital [...]
Medallion Resources pursuing smart production of NdPr magnet metals, today announced it has closed its non-brokered private placement, as announced June 16, 2020, for gross proceeds of $250,000. The Private Placement consisted of 2,500,000 units at a purchase price of $0.10 per Unit. Each Unit will consist of one common share in the capital of the [...]
Medallion Resources is pleased to announce the arrangement of a non-brokered private placement of up to 2,500,000 units at a purchase price of $0.10 per Unit for gross proceeds of up to $250,000. The Company was presented with the opportunity to complete this small financing with long-standing investors,” said Mark Saxon, Medallion President & CEO [...]
Medallion Resources is pleased to provide an update on the Company’s strategy to develop a secure, 100% domestic supply chain for rare earth elements within the United States. Medallion is executing on a unique technology-led business model that can deliver the most critical magnet REEs quickly and cost-effectively. Key Points Medallion is [...]
Medallion Resources today announced it has appointed Mr. Mark Saxon, as President & CEO of the Company, effective May 25, 2020. Mr. Saxon is an experienced and respected public market executive, with substantial experience in rare earth elements and other critical raw materials. Current President & CEO Don Lay will transition to a strategic advisor [...]
Medallion Resources today reports the completion of Process Engineering Design for its proprietary extraction of a rare-earth element concentrate. Summary of this news Completion of an extensive Process Engineering Design project for the extraction of REE from monazite sand, including detailed process flow diagrams and full waste management [...]
Medallion Resources announced that is has received inquiries from several rare-earth element refineries interested in receiving specifications and potential volumes of the Company’s REE concentrate product. These refineries are considering their response to the US Department of Defense’s recent Funding Opportunity Announcement, directed [...]
Medallion Resources has engaged international engineering group Stantec to evaluate sites in the United States for its rare-earth element extraction plant using feedstock sourced from the Southeast United States. Medallion, after many years of testwork and development, has recently completed the design of a proprietary hydrometallurgical process to [...]
