Latest Medallion Resources Ltd (MLLOF) Headlines
Post# of 12
Medallion Resources Corporate Update
Marketwire - Fri Feb 28, 6:01AM CST
Medallion Resources Ltd (TSX VENTURE: MDL) (OTCQX: MLLOF) ("Medallion" or the "Company"), is focussed on re-establishing monazite as a significant economic mineral and major source of rare earths, and today provided an update.
Medallion Resources Announces Exercise and Grant of Stock Options
Marketwire - Mon Jan 13, 7:02AM CST
Medallion Resources Ltd (TSX VENTURE: MDL) (OTCQX: MLLOF) (FRANKFURT: MRD) ("Medallion" or the "Company") today announced that it has, pursuant to its stock option plan, approved a grant of stock options covering 420,000 shares at an exercise price of $.20 per share for a period of five years to directors of the Company. These options effectively replace the 420,000 directors' options which were due to expire in January 2014. The expiring options have been exercised in full for total proceeds to the Company of $63,000.
Medallion Resources Announces Important Extension of MOUs
Marketwire - Mon Dec 23, 1:53PM CST
Medallion Resources Ltd (TSX VENTURE: MDL)(OTCQX: MLLOF) ("Medallion" or the "Company") today announced that it has completed six-month extensions of the existing Memorandums of Understanding (the "MOUs") with Oman-based Takamul Investment Company ("Takamul") and Jordan-based Arab Mining Company ("Arab Mining"). The original MOUs, which were executed earlier this year, commit the partners to investigating the viability of financing, constructing and operating a monazite-based, rare-earth production project in the industrial city of Duqm, Oman. Renewing these agreements confirms the regional partners' interest in, and desire to advance Medallion's monazite-based rare-earth production strategy.
Medallion Resources Announces Shares for Debt Settlement
Marketwire - Mon Dec 09, 4:16PM CST
Medallion Resources Ltd (TSX VENTURE: MDL) (OTCQX: MLLOF) ("Medallion" or the "Company") announces that it has entered into a shares-for-debt agreement with Euro Pacific Canada Inc to satisfy the remaining amount owing under a completed corporate-finance services agreement. Medallion will issue 236,250 shares to Euro Pacific Canada Inc, at a deemed price of $0.16 per common share, to satisfy the debt of $37,800. The agreement is subject to approval of the TSX Venture Exchange and the common shares will be subject to a four (4) month hold period upon issuance.
Medallion Resources Clarifies Disclosure
Marketwire - Fri Oct 25, 1:31PM CDT
Medallion Resources Ltd. (TSX VENTURE: MDL)(OTCQX: MLLOF) ("Medallion" or the "Company") announces that, as a result of a technical disclosure review by the British Columbia Securities Commission ("the BCSC"), it is issuing the following news release to clarify and retract certain disclosure.
Medallion Resources Applies for Warrant Extension
Marketwire - Fri Oct 18, 6:59PM CDT
Medallion Resources Ltd. (TSX VENTURE: MDL) ("Medallion") - Medallion wishes to announce that it has applied to the TSX Venture Exchange (the "Exchange") for acceptance to amend the terms of an aggregate of 4,499,993 common share purchase warrants (the "Warrants") issued pursuant to a non-brokered private placement (the "Private Placement") which closed in two tranches, on October 25, 2010 and November 9, 2010, respectively. The Warrants originally issued are exercisable into common shares in the capital of the Company at an exercise price of $0.40 per common share, with 1,958,331 of the Warrants expiring on October 25, 2013 and 2,541,662 Warrants expiring on November 9, 2013. These Warrants will be amended by extending the expiry date of the Warrants to May 30, 2014. No Warrants issued under the Private Placement have been exercised to date. The amendment to the terms of the Warrants is subject to Exchange approval.
Medallion to Attend Swiss Mining Institute Conferences in Zurich and Geneva, Switzerland
Marketwire - Wed Sep 18, 6:01AM CDT
Medallion Resources Ltd. (TSX VENTURE: MDL)(OTCQX: MLLOF)(FRANKFURT: MRD) ("Medallion" or the "Company") is pleased to announce that Chairman and Chief Executive Officer Dr. Bill Bird and President Don Lay will attend and present at two of Bally Capital Advisors' investment conferences on Oct. 1 and 2, 2013. Bally Capital Advisors SA is a Swiss based Asset-Manager founded in 2003 and is a member of the Swiss Association of Asset Managers (SAAM) and Groupement Patronal des Gerants de Patrimoines (GPGP).
Medallion Reports Exercise of Warrants for Approximately $400,000
Marketwire - Wed Jul 17, 5:01AM CDT
Medallion Resources Ltd (TSX VENTURE: MDL) (OTCQX: MLLOF) (FRANKFURT: MRD) ("Medallion" or the "Company") is pleased to announce the recent exercise of 1,571,000 common-share purchase warrants, resulting in gross proceeds of $392,750 to Medallion. The warrants were issued as part of the Company's July 2010 financing, entitling the holders to purchase one common share of Medallion stock at a price of $.25, and expired July 12, 2013. Of the total available warrants from the July 2010 financing, over 99% have been exercised by their holders.
Medallion and Arab Mining Company to Develop and Finance Rare-Earth Opportunities
Marketwire - Tue Jul 09, 5:00AM CDT
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 grants Arab Mining, for a period of six months, the exclusive right to negotiate terms to invest or participate in a joint venture, controlled and majority-owned by Medallion, which will focus on rare-earth production and processing opportunities within the Arab League nations, including a proposed rare-earth processing facility in Duqm, Sultanate of Oman.
Medallion Resources Closes $400,000 Private Placement
Marketwire - Tue Jun 25, 5:01AM CDT
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 of $0.20 per share (the "Private Placement").