Medallion’s Don Lay Talks Share Consolidation


In an interview with CEO.CA, Medallion Resources Ltd. (TSXV:MDL) CEO Don Lay talked about Medallion’s roll back in conjunction with a private placement offering. To listen to the interview, click here.

Medallion Resources Ltd. (TSXV:MDL, OTCQX:MLLOF) is focused on becoming a low-cost producer of industrially important rare earth elements (REEs) from Monazite. Monazite is available as a by-product from existing mineral sands mining sources. Medallion Resources is pursuing monazite purchasing agreements, and processing partnerships, and plans to build a rare earths processing facility in North America.

Investment Highlights

  • REEs are recognized as important industrial commodities.
  • Monazite feedstock contains a good distribution of magnetic materials which are driving the bulk of the revenue in current REE markets.
  • Building a redundant supply chain by acquiring more than one supply source outside of China from existing stockpiles and mining operations.
  • Well-understood metallurgical requires no mining or a high purity input, translating to a low capital cost project with low operating costs.
  • A well-respected, talented management and technical team with wide industry depth.

Click here to connect with Medallion Resources Ltd. (TSXV:MDL) to receive an Investor Presentation.

Get the Latest Rare Earth Investing Stock Information

Get the latest information about companies associated with Rare Earth Investing delivered directly to your inbox.

Rare Earth

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.


Leave a Reply