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Medallion Resources Ltd. (TSXV:MDL,OTCQX:MLLOF,FWB:MRD) reported the recent exercise of 1,571,000 common-share purchase warrants, resulting in gross proceeds of $392,750 to Medallion.
Medallion Resources Ltd. (TSXV:MDL,OTCQX:MLLOF,FWB:MRD) reported the recent exercise of 1,571,000 common-share purchase warrants, resulting in gross proceeds of $392,750 to Medallion.
As quoted in the press release:
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.
Click here to read the Medallion Resources Ltd. (TSXV:MDL,OTCQX:MLLOF,FWB:MRD) press release
Click here to see the Medallion Resources Ltd. (TSXV:MDL,OTCQX:MLLOF,FWB:MRD) profile.
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