MDL Medallion Resources

Medallion Resources Announces the Passing of Director and Former CEO Don Lay

Medallion Resources Announces the Passing of Director and Former CEO Don Lay

VANCOUVER, British Columbia, June 14, 2021 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”), advises that Mr. Don Lay, Director, VP Corporate Development and Former CEO of the Company, passed away unexpectedly this weekend. Mr. Lay was a strong voice in the industry and CEO of Medallion from 2014 until May 2020.

Rod McKeen, Chairman of the Board, said, “It is with tremendous sadness that we share the passing of our colleague and friend Don Lay. Don was the strength and drive behind Medallion for many years, and laid the groundwork for the Company. He will be greatly missed.”

The Board of Medallion would like to extend their sincerest condolences to Don’s family at this difficult time.

For more information please contact CEO Mark Saxon at .

About Medallion Resources

Medallion Resources has developed a proprietary process and related business model to achieve low-cost, near-term, rare-earth element (REE) production by exploiting monazite. Monazite is a rare-earth phosphate mineral that is widely available as a by-product from mineral sand mining operations. Furthermore, Medallion has recently licensed an innovative REE separation technology from Purdue University which can be utilized by Medallion and sub-licensed by Medallion to third party REE producers.

More about Medallion (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) can be found at .

Contact(s):

Mark Saxon, President & CEO

+1.604.681.9558 or

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 



EN
15/06/2021

Underlying

MDLMedallion Resources

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Medallion Resources

 PRESS RELEASE
Free
MDL Medallion Resou...

Medallion Changes Name to Gabo Mining Ltd.

Medallion Changes Name to Gabo Mining Ltd. VANCOUVER, British Columbia, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”) announces that effective February 14, 2024, the Company is changing its corporate identity and rebranding as “GABO MINING LTD.” and will start trading on the TSX Venture Exchange under the symbol “GAB”. The Company also announces that pursuant to directors' resolutions dated January 11, 2024 and following the receipt of all necessary approvals, effective February 14, 2024 the Company ...

February 9, 2024 1 EN
 PRESS RELEASE
Free
MDL Medallion Resou...

Medallion Announced Board Changes

Medallion Announced Board Changes VANCOUVER, British Columbia, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”) announced today that Rod McKeen and Andrew Morden have resigned from the Board of Directors, effective immediately. Mark Saxon, a current Director, will assume the role of Chairman. The Company also announces the appointment of John C. (“JC”) Cunningham as Director. Mr. Cunningham currently serves as the President of VLP Inc., a renowned consulting firm specializing in navigating the intricaci...

October 27, 2023 1 EN
 PRESS RELEASE
Free
MDL Medallion Resou...

Purdue Research Foundation Terminates Medallion’s License to Use Lad C...

Purdue Research Foundation Terminates Medallion’s License to Use Lad Chromatography VANCOUVER, British Columbia, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”) announced today that its license to use ligand assisted displacement chromatography has terminated. The Medallion Board and management will consider next steps in light of this development. Separately, Douglas Newby has given notice of his resignation as Chief Financial Officer but has agreed to continue to serve for up to 30 days on a...

October 18, 2023 1 EN
 PRESS RELEASE
Free
MDL Medallion Resou...

Medallion Receives Notice of Default From Purdue Research Foundation

Medallion Receives Notice of Default From Purdue Research Foundation VANCOUVER, British Columbia, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”) announced today that it has received notice of default from Purdue Research Foundation (“PRF”) and has until October 17, 2023 to cure the default or the Company’s license to use ligand assisted displacement chromatography will be terminated. The Company is in discussion with PRF about curing the default or extending the term but there is no assurance that t...

October 10, 2023 1 EN
 PRESS RELEASE
Free
MDL Medallion Resou...

Medallion Resources Appoints Gabriel Alonso-Mendoza as Interim CEO

Medallion Resources Appoints Gabriel Alonso-Mendoza as Interim CEO VANCOUVER, British Columbia, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”) announced today the appointment of Mr. Gabriel Alonso-Mendoza as Interim Chief Executive Officer.   Based in New York City, Mr. Alonso-Mendoza is the founder and managing partner of Amvest Capital Inc., a specialist investment management and corporate finance firm focused solely on the natural resources sector. He brings 15 years of financial and resource market...

August 28, 2023 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch