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Medallion Resources Closes Institutional Tranche of $2.7 Million Private Placement
Oct. 27, 2010 11:39AM PST
Rare Earth InvestingMedallion Resources Ltd (CVE:MDL) reports that it has closed its institutional tranche of $2.7 million private placement.
The press release is quoted as saying:
This initial tranche represents purchases made by institutional investors introduced through Global Hunter Securities LLC, Medallion’s exclusive United States institutional facilitator for the Offering.
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