VANCOUVER, British Columbia, May 12, 2022 (GLOBE NEWSWIRE) — Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN – “Medallion” or the “Company”)announces it will exhibit at the upcoming Vancouver Resource Investment Conference (VRIC) at the Vancouver Convention Center West (1055 Canada Place, Vancouver) on Tuesday, May 17 and Wednesday, May 18, 2022.
Medallion’s management team invites current shareholders, potential investors, analysts, brokers and interested parties to visit booth #309 to discuss the company’s recent activities, including updates on the New technology for clean energy†
We look forward to seeing you there.
About Medallion Resources
Medallion Resources (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) has developed its own process and associated business model to produce low-cost, short-term rare earth elements (REE) by exploiting monazite. Monazite is a rare earth phosphate mineral that is widely available as a by-product of mineral sand mining activities. In addition, Medallion recently licensed an innovative REE separation technology from Purdue Research Foundation that can be used by Medallion and sublicensed by Medallion to third-party REE manufacturers.
REEs are essential inputs for electric and hybrid vehicles, electronics, imaging systems, wind turbines and strategic defense systems. Medallion is committed to following best practices and accepted international standards in all aspects of the transportation, handling and safe management of mineral wastes. Medallion uses Life Cycle Assessment methodology to support investment and process decision making.
More about Medallion (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) can be found at medallionresources.com†
Mark SaxonPresident & CEO
Neither TSX Venture Exchange nor its Regulatory Services Provider (as that term is defined in the TSX Venture Exchange policies) assumes any responsibility for the suitability or accuracy of this release.
Medallion management assumes full responsibility for the contents of and has prepared this press release. Some of the statements in this press release are forward-looking statements, such as statements describing Medallion’s plans with respect to overall strategic business and the progress of its business plan, Medallion’s ability to advance and commercialize its technology platforms and to enter into commercial agreements with third parties to negotiate. parties.
Forward-looking statements are often, but not always, identified by words such as “expects,” “anticipates,” “believes,” “intends,” “estimates,” “potential,” “possible,” “projects,” “plans,” and similar expressions or representations that events, conditions or results “will”, “will”, “could” or “should” occur or be achieved or their negatives or other similar words. Because forward-looking statements relate to future events and conditions, by their nature they involve inherent risks and uncertainties, including those associated with market conditions and regulatory approval and other risks set forth in the management discussions and analysis of financial results of the company. In any event, actual results could differ materially from those currently anticipated in these statements. These forward-looking statements are made as of the date of this press release and, other than as required by applicable securities laws, Medallion disclaims any intent or obligation to publicly update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable law.