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 owner-operator of critical mineral processing facilities in partnership with upstream [...]
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 convert into common shares upon successful completion of a pilot plant [...]
Medallion Resources Ltd. is pleased to announce it has appointed Alfredo Ramos Plasencia as President, CEO and Director, and Dr. Kurt Forrester as Chief Technology Officer; Dr. Forrester will continue to serve as a director. Mark Saxon, who was appointed President and CEO in May 2020, will continue as a director and Vice President of Business Development focused on upstream rare earth feedstock supply. Douglas Newby will [...]
Medallion Resources Ltd. is pleased to announce it has entered into a definitive agreement with ACDC Metals Ltd. whereby ACDC has the right to use Medallion's proprietary monazite processing technology, the Medallion Monazite Process to extract rare earth elements from monazite sourced as a by-product of heavy mineral sand production. ACDC has secured rights to acquire interests in four heavy mineral sand properties in [...]
Medallion Resources Ltd. is pleased to announce it has received proceeds of Cdn $1,286,000 from the issuance of US$1,150,000 Principal Amount unsecured notes due August 2, 2023 bearing interest at 5% issued to two US investors at an original issue discount of US$150,000. Subject to regulatory approval and completion of the planned public offering of shares or units and uplist to the Nasdaq Capital Market (the “UpList”) or [...]
Medallion Resources Ltd. is pleased to announce it has received proceeds of Cdn $1,286,000 from the issuance of US$1,150,000 Principal Amount unsecured notes due August 2, 2023 bearing interest at 5% issued to two US investors at an original issue discount of US$150,000. Subject to regulatory approval and completion of the planned public offering of shares or units and uplist to the Nasdaq Capital Market or other U.S [...]
Medallion Resources is pleased to announce the appointment of Mr. Douglas Newby as the Company’s new CFO and Corporate Secretary. Mr. Newby has extensive and diverse experience in finance, financial management, and project evaluation and implementation primarily focused on industrial, precious, and specialty metals including rare earth elements and lithium. He has held senior positions with global investment banks, and [...]
Medallion Resources is pleased to announce that shareholders have approved all resolutions put forth at the Annual General and Special Meeting of Shareholders held in Vancouver, on May 27, 2022. In the annual meeting, 34.86% of the eligible shares were represented and all motions put forward by the Company were passed. The number of directors of the Company was fixed at six and Mark Saxon, Rod McKeen, David Shaw, Andrew [...]
Medallion Resources is pleased to announce important progress by ACDC Metals Pty Ltd. Under a non-binding LOI, Medallion agreed to license its proprietary Medallion Monazite Process to ACDC to extract REE from monazite byproduct from ACDC’s projects and other third-party sources in southeastern Australia. Medallion and ACDC are currently negotiating a Definitive Licensing and Royalty Agreement under which ACDC plans to [...]
Medallion Resources is pleased to announce that it plans to introduce a resolution at its upcoming Annual General and Special Meeting of Shareholders to enable the Company’s common shares to continue trading on the TSX-V after the planned listing on the Nasdaq Capital Market. In its news release dated April 26, 2022, Medallion announced a new strategic plan to position the Company in the near term as a technology leader [...]
Medallion Resources announces that it will be exhibiting at the upcoming Vancouver Resource Investment Conference at the Vancouver Convention Centre West on Tuesday, May 17 and Wednesday, May 18, 2022. Medallion’s management team invite current shareholders, potential investors, analysts, brokers, and interested parties to visit booth #309 to discuss the Company's recent activities, including updates on the Company's New [...]
Medallion Resources Ltd. issued a press release on March 28, 2022 announcing signing of an exclusivity agreement with a private North American research company to provide a three-month period to undertake additional due diligence on proprietary REE metallization and rare earth magnet recycling technologies. The Press Release contained information with regard to the Ligand Assisted Displacement (“LAD”) Chromatography [...]
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