Medallion Announces Private Placements Totaling $650,000

- June 2nd, 2010

Medallion Resources reports a non-brokered private placement of up to 2 million units at $0.125 per unit for gross proceeds of up to $250,000 has been arranged on approval of TSX exchange.
Each Unit consists of one common share and one transferable common share purchase warrant (a “Warrant”). Each Warrant shall be exercisable to acquire one common share […]

Medallion Resources reports a non-brokered private placement of up to 2 million units at $0.125 per unit for gross proceeds of up to $250,000 has been arranged on approval of TSX exchange.

Each Unit consists of one common share and one transferable common share purchase warrant (a “Warrant”). Each Warrant shall be exercisable to acquire one common share at an exercise price of $0.25 for a period of 36 months from closing of the Offering (“Closing Date”).

For complete news release, click here.

For Medallion Resources’ company profile, click here.

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6 responses to “Medallion Announces Private Placements Totaling $650,000

  1. A
    chief consideration accounts for the actual source of the electricity required
    to charge the electric vehicles.  China
    is adding a new coal-fired generating plant at a rate of one every two weeks.  The dominant technology in the country is coal
    pulverization in lieu of what is generally considered to be environmentally preferable
    coal gasification.  Furthermore, less
    than 15% of plants have desulphurization systems.

  2. A
    chief consideration accounts for the actual source of the electricity required
    to charge the electric vehicles.  China
    is adding a new coal-fired generating plant at a rate of one every two weeks.  The dominant technology in the country is coal
    pulverization in lieu of what is generally considered to be environmentally preferable
    coal gasification.  Furthermore, less
    than 15% of plants have desulphurization systems.

  3. I assume the health impacts are positive in cities that have higher EV prenetration?  The article just says “environmental health impacts of electric cars are greater than they are for conventional gasoline vehicles,” but never says whether the health impacts are good or bad.

  4. I assume the health impacts are positive in cities that have higher EV prenetration?  The article just says “environmental health impacts of electric cars are greater than they are for conventional gasoline vehicles,” but never says whether the health impacts are good or bad.

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