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Medallion Resources Completes First Tranche of Private Placement

Medallion Resources Completes First Tranche of Private Placement

Medallion Resources Ltd. (TSXV:MDL), today announced that it has closed the first tranche of its non-brokered private placement (the “Offering”), as announced in its July 12, 2017 and September 15, 2017 news releases, for gross proceeds to date of $670,000.
Medallion is pursuing production of rare-earth elements (“REE”) by sourcing and

Focus Graphite and SOQUEM Launch Preliminary Economic Assessment of their Kwyjibo Rare Earth Element Project in Northern Québec – Met-Chem Selected to Conduct Study

Focus Graphite and SOQUEM Launch Preliminary Economic Assessment of their Kwyjibo Rare Earth Element Project in Northern Québec – Met-Chem Selected to Conduct Study

Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC)  are pleased to announce that they have engaged Met-Chem of Montréal, a division of DRA Americas Inc (“Met-Chem/DRA”), to undertake a Preliminary Economic Assessment  (PEA) of their Kwyjibo Polymetallic-Rare Earth Elements (REE) – Copper-Iron-Phosphate project (“Kwyjibo” or the “Project”), located in the Côte-Nord administrative district of northeastern Québec.
Met-Chem/DRA is

GéoMégA subsidiary Innord Separates Nd and Dy with 95% Purity in addition to 99.8% Purity Cobalt from Industrial Residue

Geomega Resources (“GéoMégA” or the “Corporation”) (TSX.V: GMA) is pleased to announce that Innord (“Innord”), a private subsidiary controlled by GéoMégA, successfully processed an industrial residue and produced a high purity rare earth elements concentrate (“REE”), a high purity cobalt product and is advancing separation of Neodymium and Dysprosium using

Medallion Increases Private Placement to $760,000

Medallion Increases Private Placement to $760,000

 Medallion Resources Ltd. (TSXV:MDL) , (OTCPK:MLLOF)  (“Medallion” or the “Company”), today announced that further to its news release issued July 12, 2017, the Company is increasing its private placement to raise gross proceeds of up to $760,000 (the “Offering”).
The recent and significant increase in rare-earth oxide (REO) prices, following a long

MGX Minerals Announces Lithium, Magnesium, Silicon, and REE Project Updates

MGX Minerals Announces Lithium, Magnesium, Silicon, and REE Project Updates

MGX Minerals (CSE:XMG) is pleased to provide shareholders with a  progress report on multiple fronts inclusive of lithium, magnesium, silicon, and newly acquired rare earth (REE) superalloy projects.

US / Canadian Petrolithium and Lithium Brine Projects
MGX has processed wastewater and lithium brine from eight North American project sites since inception of its

Medallion’s Don Lay Talks Share Consolidation

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

Ucore Advances Alberta Oil Sands Concentrate

Ucore Rare Metals (TSX VENTURE:UCU)(OTCQX:UURAF) (“Ucore” or the “Company”) is pleased to report on the advancement of its joint venture for the recovery of high value metals from Alberta oil sands process tailings.

In 2016, Ucore announced that it has partnered with a Major Alberta Oil Sands Producer (“MOSP”). The MOSP has

Quest Rare Minerals Common Shares to Be Delisted From the TSX

Quest Rare Minerals (TSX:QRM) (the “Company” or “Quest”) received notice that the Continued Listings Committee of the Toronto Stock Exchange (“TSX”) has determined to delist the Company’s securities effective at the close of market on August 11 2017.
The Company does not intend to appeal the decision. The securities will remain suspended from

Ucore Comments on National Defense Authorization Act for F2018

Ucore Rare Metals (TSX VENTURE:UCU)(OTCQX:UURAF) (“Ucore” or the “Company”) is pleased to comment on the US Senate’s action to provide funding and direction to the Department of Defense for the purpose of increasing strategic materials production.

In a report accompanying the National Defense Authorization Act for Fiscal Year 2018, the Senate Armed

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Medallion Resources Completes First Tranche of Private Placement

URL: https://investingnews.com/daily/resource-investing/critical-metals-investing/rare-earth-investing/medallion-resources-completes-first-tranche-private-placement/