Medallion Resources announces that it is taking the next step toward development of a North American rare-earth element extraction plant. The Company has engaged Australian-based Simulus Engineers, an independent engineering consultancy, to develop the chemical process model to extract a REE concentrate from by-product monazite sand. “This [...]
Medallion Resources today announced that it has closed the second and final tranche of its non-brokered private placement, as announced in the Company’s news release dated August 2, 2019, for gross proceeds to the Company of $230,754. In aggregate this Offering, including both tranches, was for total gross proceeds of $794,874. The Company [...]
Medallion Resources pursuing smart production of magnet metals, announces it has achieved a major milestone in completing the development of its proprietary flow-sheet design to extract a rare-earth element concentrate from by-product monazite sand. “We believe this new flowsheet represents an important improvement in the processing of [...]
Medallion Resources today announced that it has closed the first tranche of its $798,000 non-brokered private placement, as announced in the Company’s news release dated August 2, 2019, for gross proceeds to the Company of $564,120. Medallion has issued an aggregate of 5,372,572 units pursuant to the first tranche of the Offering at a price [...]
Medallion Resources announces that the Saskatchewan Research Council has successfully concluded the final major testwork program for Medallion’s rare-earth element extraction process. Medallion is developing the process and business model to quickly get to REE production in North America by processing by-product monazite sand. “This [...]
Medallion Resources today announces that it has arranged a non-brokered private placement of 7,600,000 units at a purchase price of $0.105 per Unit for gross proceeds of $798,000. Each Unit will consist of one common share in the capital of the Company and one-half of one transferable Common Share purchase warrant. Each Warrant will be exercisable [...]
Medallion Resources at the request of the Investment Industry Regulatory Organization of Canada, announces that its management is not aware of any undisclosed material information relating to the Company that may be contributing to the recent increase in its trading activity. About Medallion Resources Medallion is preparing for near-term production [...]
Medallion Resources announced it is seeking third party proposals to advance its development of a North American rare-earth extraction plant. One proposal calls for evaluation of logistics and plant siting options in both the US and Canada; while the other, development of the process engineering design for Medallion’s rare-earth flowsheet [...]
Medallion Resources Ltd. – “Medallion” or the “Company”), pursuing smart production of magnet metals, today provides an update on its process development work now in progress at the Saskatchewan Research Council and the Chemical Engineering & Applied Chemistry Department at the University of Toronto. Byproduct monazite [...]
Medallion Resources Ltd. , pursuing smart production of NdPr magnet metals, today announced that it has closed the second and final tranche of its non-brokered private placement , as announced in the Company’s news release dated March 15, 2019, for gross proceeds to the Company of $36,915. In aggregate this Offering, including both tranches [...]
Medallion Resources Ltd. – “Medallion” or the “Company”), pursuing smart production of magnet metals, today announced that it has closed the first tranche of its $630,000 non-brokered private placement , as announced in the Company’s news release dated March 15, 2019, for gross proceeds to the Company of [...]
Medallion Resources Ltd. today announced that it will receive up to $34,800 in funding from the federal government through the National Research Council of Canada Industrial Research Assistance Program to research the optimization of its monazite rare earth extraction process at the University of Toronto. “Monazite contains significant [...]
