Medallion Resources Announces Results From 2013 Annual and Special Meeting of Shareholders
Published : September 30, 2013
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Keywords :   Market | Market Conditions | Oman | Rare Earth | Wind |

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 30, 2013) - Medallion Resources Ltd. (News - Market indicators)(OTCQX:MLLOF)("Medallion" or the "Company") is pleased to advise on the results of the voting on the matters submitted to the annual and special meeting (the "Meeting") of the shareholders (the "Shareholders") of the Company held on September 25, 2013.

Shareholders voted in favour of all items of business at the Meeting, including: (i) the reappointment of Lancaster and David, Chartered Accountants as auditors of the Company; (ii) the election of each director nominee, being William Bird, Donald Lay, David Haber, Rod McKeen and Andrew Morden; (iii) the annual ratification and approval of the Company's existing 10% "rolling" stock option plan as mandated by the policies of the TSX Venture Exchange; and (iv) the approval of an advance notice policy (the "Policy"), for the purpose of providing Shareholders, directors and management of Medallion with a clear framework for nominating directors. 

The Policy is meant to: (a) facilitate an orderly and efficient annual general or, where the need arises, special meeting process; (b) ensure all Shareholders receive adequate notice of the director nominations and sufficient information with respect to all director nominees; and (c) allow Shareholders to register an informed vote having been afforded reasonable time for appropriate deliberation. The board of directors of the Company has determined that the Policy to be effective and in full force and effect as of September 25, 2013. The full text of the Policy is available via SEDAR under Medallion's issuer profile at www.sedar.com or upon request by contacting the Corporate Secretary at 604-681-9558. 

About Medallion Resources Ltd.

Medallion is rethinking rare earths. Led by Dr Bill Bird and supported by an experienced technical team, the Company focuses on low-cost, near-term, rare-earth production opportunities using the rare-earth mineral monazite, which is available as a by-product from existing mining and mineral-sands sources principally in the Indian Ocean basin. Medallion, partnered with Takamul Investment Company, is currently evaluating a proposal to import monazite feedstock and produce rare-earth products at a proposed processing facility in the industrial city of Duqm, Oman. Rare earths are used in critical components for virtually all computing and mobile electronic products, as well as wind turbines, electric and hybrid vehicles, and strategic defense systems. Medallion is committed to following best practices and accepted international standards in all aspects of mining, mineral processing and the safe management of waste materials. More about Medallion (TSX-V: MDL; OTCQX: MLLOF; Frankfurt: MRD) can be found at medallionresources.com. 

Medallion management has prepared this news release and takes full responsibility for content. 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. Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe Medallion's future exploration, production and financing plans, objectives or goals, including words to the effect that Medallion or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in these statements. Such risks include expectations that may be raised by discussing potential business, acquisitions or development plans. Also, in order to proceed with Medallion's plans, additional funding will be necessary and, depending on market conditions, this funding may not be forthcoming on a schedule or on terms that facilitate Medallion's plans.



Donald Lay
President
Medallion Resources Ltd.
+1.604.681.9558
info@medallionresources.com
or
Kam Thindal
Partner
Hamza Thindal Capital Corp.
+1.888.371.9098
kam@htcapitalcorp.com
Data and Statistics for these countries : Oman | All
Gold and Silver Prices for these countries : Oman | All

Medallion Resources Ltd.

EXPLORATION STAGE
CODE : MDL.V
ISIN : CA5839351015
CUSIP : 583935 10 1
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Medallion Res. is a iron and titanium exploration company based in Canada.

Its main exploration properties are RED WINE and ROMAINE RIVER in Canada.

Medallion Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.7 millions as of today (US$ 1.3 millions, € 1.3 millions).

Its stock quote reached its highest recent level on October 23, 1996 at CA$ 7.75, and its lowest recent point on July 24, 2015 at CA$ 0.01.

Medallion Res. has 84 090 000 shares outstanding.

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Annual reports of Medallion Resources Ltd.
Annual Report 2008
Annual Report 2007
Financings of Medallion Resources Ltd.
4/8/2015Announces $250,000 Private Placement
1/14/2015Closes Second Tranche of $250,000 Private Placement
10/18/2013Applies for Warrant Extension
7/17/2013Reports Exercise of Warrants for Approximately $400,000
6/25/2013Closes $400,000 Private Placement
6/10/2013Announces Private Placement
10/5/2009 $300,000 Private Placement Financing
2/20/2008Closes oversubscribed private placement
Project news of Medallion Resources Ltd.
6/20/2013Partners With Takamul Investment Company to Evaluate Rare-Ea...
3/15/2011Dr. Bill Bird of Medallion Resources is quoted in article Ch...
Corporate news of Medallion Resources Ltd.
7/6/2016Medallion Announces $300,000 Private Placement
6/7/2016Medallion Appoints Mark Saxon to Advisory Board
4/8/2016Medallion Plans Pilot-Scale Tests of Rare Earth Extraction P...
1/28/2016Medallion Resources – 2016 Plans
1/28/2016Medallion Resources -- Plans for 2016
10/26/2015Medallion Provides Rare Earth Product Samples to Industry
10/22/2015Medallion Resources Completes Private Placement
10/1/2015Nevada Sunrise Appoints David Shaw to Advisory Board
9/26/2015Medallion Clarifies Previously Announced Private Placement
9/25/2015Medallion Clarifies Previously Announced Private Placement
9/17/2015Medallion Resources Arranges $225,000 Private Placement
8/25/2015Rare-Earth Extraction Tests Produce Phosphate By-Product
8/12/2015IIROC Trading Resumption - MDL
8/12/2015Medallion’s Metallurgical Tests Yield a Refinery-Ready Rare ...
8/12/2015Medallion's Metallurgical Tests Yield a Refinery-Ready Rare ...
8/11/2015IIROC Trading Halt - MDL
8/4/2015Medallion Appoints Agent to Source South-East Asian Monazite
4/21/2015Private Placement Increased to $325,000
4/20/2015Private Placement Increased to $325,000
4/9/2015Medallion Increases Private Placement to $300,000
4/8/2015Medallion Announces $250,000 Private Placement
3/16/2015@INN_RareEarth
3/10/2015Medallion Resources Appoints R+R Consulting
3/2/2015Medallion Resources Appoints R+R Consulting
1/29/2015Medallion Provides Business Strategy Update
11/7/2014Medallion Announces $200,000 Private Placement
10/31/2014Medallion Initiates Laboratory-Scale Rare Earth Monazite Pro...
10/31/2014Medallion Announces Management Changes and Reports 2014 Annu...
10/30/2014Medallion Initiates Laboratory-Scale Rare Earth Monazite Pro...
10/8/2014Medallion Announces Management Changes and Reports 2014 Annu...
9/8/2014Medallion Resources Announce Extension of MOUs
7/8/2014Medallion Resources Appoints David Shaw to Board of Director...
6/4/2014Medallion Closes $700,000 First Tranche of Private Placement
5/21/2014Medallion Resources Announces $1,000,000 Private Placement
10/25/2013Clarifies Disclosure
9/30/2013Announces Results From 2013 Annual and Special Meeting of Sh...
9/18/2013to Attend Swiss Mining Institute Conferences in Zurich and G...
7/9/2013and Arab Mining Company to Develop and Finance Rare-Earth Op...
2/19/2013Provides Corporate Update
11/5/2012Completes Initial Technical Plans for Rare-Earth Processing ...
12/20/2011Rare Earth Mining Innovations Interview with Anthony Mariano...
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TSX-V (MDL.V)OTHER OTC (MLLOF)
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