Meryllion Resources Corp.

Meryllion Resources Corp. , is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement . Pursuant to this First Tranche, the Corporation issued a total of 16,320,001 common shares in the capital stock of the Corporation at a price of $0.015 per Common Share for gross proceeds of $244,800. The Corporation expects to close a second tranche of the Private Placement on [...]

Meryllion Resources Corp. is pleased to announce its intention to complete a non-brokered private placement of up to 33,000,000 common shares in the capital stock of the Company at a price of $0.015 per share for gross proceeds of up to $495,000 . The Private Placement may be oversubscribed. In connection with the Private Placement, finders' fees may be payable to eligible arm's length persons with respect to certain [...]

Meryllion Resources Corp. is pleased to announce that the maiden ionic rare earth drilling campaign in north-east Tasmania has been granted permits required for the exploration drilling on EL20/2022. Highlights Exploration Drilling Permits have been granted for Maiden Drilling Program Three locations have been identified for preliminary exploration drilling The drilling will target potential extensions of known iREE [...]

Meryllion Resources Corp. wishes to announce that it has borrowed the sum of CAD$50,000 from Croesus Mining Pty Ltd., a company controlled by Mr. David Steinepreis, a director of the Company. The Loan is unsecured, bears no interest and is repayable in full on or before May 14, 2025. The Loan is a related party transaction pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special [...]

Meryllion Resources Corp. is pleased to announce that it has closed its previously announced shares-for-debt transaction with its Chief Financial Officer to settle $10,000 of accrued salary. Pursuant to the transaction, a total of 200,000 common shares in the capital stock of Meryllion were issued at a deemed issued price of $0.05 per Share. All Shares issued pursuant to the transaction are subject to a hold period of [...]

Meryllion Resources Corp. announces that it has cancelled an aggregate of 2,290,000 stock options of the Company. Of the cancelled options, an aggregate of 1,340,000 were exercisable at exercise prices of $0.105 to $0.115 until May 27, 2026, and an aggregate of 950,000 were exercisable at exercise prices of $0.105 to $0.115 until September 26, 2027. All of the options were voluntarily surrendered by the holders thereof [...]

Meryllion Resources Corp. is pleased to announce that, further to its press release of January 15, 2024, it has made the option exercise payment in respect of the rare earth exploration leases held by Tasmania Strategic Green Metals Pty Ltd. and Westbury Resources Pty Ltd. in Tasmania. The payment was made by way of issuance of an aggregate of 4,186,046 common shares to TSGM and Westbury at a deemed issue price of [...]

Meryllion Resources Corp. is pleased to announce that further to its decision to exercise its option in respect of the Ionic Adsorption Clay hosted rare earths project in Tasmania , it has released an NI 43-101 compliant technical report in respect of the Project. This report was authored by Dr. Louis Bucci, PhD , B AppSc Hon , GCert.Ed, MAIG, and can be accessed through the Company's website. The report concluded: "The [...]

Meryllion Resources Corp. is pleased to announce that it intends to exercise its previously announced option in respect of the rare earth exploration leases held by Tasmania Strategic Green Metals Pty Ltd. and Westbury Resources Pty Ltd. in Tasmania . The option agreement originally required an initial cash payment of AUD$125,000 to TSGM/Westbury. Pursuant to varied terms, the Company will now make an initial payment to [...]

Meryllion Resources Corp. , is pleased to announce that it has closed its previously announced non-brokered private placement . Pursuant to the Private Placement, the Corporation issued a total of 8,011,625 units of the Corporation at a price of $0.04 per Unit for gross proceeds of $320,465. Each Unit consists of one common share of the corporation and one common share purchase warrant . Each Warrant entitles the holder [...]