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Medallion Resources raises a total of 634,425 after second round of financing closes

Medallion Resources (CVE:MDL) President and CEO Don Lay joined Steve Darling from Proactive Investors Vancouver to discuss his company closing the second tranche of their financing. That money will be used to do further metallurgical testing. 

Lay also discusses the recent big news in the space, Wesfarmer's recent all-cash bid for Lynas Corp., the largest rare earth producer outside of China. Lay discussing what it means for the sector now and in the future.

Quick facts: Medallion Resources Ltd.

Price: 0.155 CAD

TSX-V:MDL
Market: TSX-V
Market Cap: $7.18 m
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Full interview: Medallion Resources names mining veteran Mark Saxon as new...

Medallion Resources (CVE: MDL- OTCPK: MLLOF) Chief Executive Officer Mark Saxon joined Steve Darling from Proactive Vancouver with details about his new role with the company. Saxon taking over the top job after Don Lay stepped away to become a strategic advisor. Saxon telling Proactive what...

on 26/5/20

2 min read