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Medaro Mining Corp. is a lithium exploration company based in Vancouver, British Columbia. The company holds options over various lithium properties in Thunder Bay, Ontario, Quebec, and Saskatchewan. Medaro is actively involved in the development and commercialization of a new process to extract lithium from spodumene concentrate. Recently, the company terminated its option agreement with Rock Edge Resources Ltd., announced promising drilling results at the CYR South lithium property in Quebec, and approved a consolidation of its common shares. Medaro is committed to advancing its projects and expanding its exploration activities.
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Medaro Mining (CSE: MEDA, OTC: MEDAF, FSE: 1ZY0) has announced a shares-for-debt transaction to improve its financial position. The company has settled a debt of $297,682 by issuing 3,166,826 common shares to creditors at a price of $0.094 per share. All issued shares are subject to a four-month and one-day hold period.
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Medaro Mining Corp. announces a share consolidation, reducing its outstanding common shares from 94,514,572 to 9,451,457. The consolidation will not issue fractional shares, with trading on the Canadian Securities Exchange starting on April 18, 2024. Shareholders will receive new share certificates or DRS advices, with adjustments to convertible securities.
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Medaro Mining Corp. (MEDAF) announces a ten-to-one consolidation of its common shares, reducing outstanding shares to approximately 9.5 million. The company will issue a subsequent news release with details on the effective date, new CUSIP, and ISIN for the consolidated shares.
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Medaro Mining Corp. (MEDAF) announces successful diamond drilling results at the CYR South lithium property in Quebec, Canada. The exploration revealed promising lithium intersections, with drill holes showing values ranging from 40.6 ppm to 6,615.1 ppm. The Company utilized advanced technology and strategic drilling locations, aiming for further exploration in 2024.
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Medaro Mining Corp. (MEDAF) completes a successful NMR satellite survey on its Lac La Motte lithium property in Quebec, revealing promising lithium mineralization potential. The survey identified 10 lithium targets at depths ranging from 5 to 75 meters below the surface, with encouraging signs of lithium concentration along fault lines and veins. Medaro plans further exploratory work to validate the findings.
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Medaro Mining Corp. (MEDA) terminates option agreement with Rock Edge Resources Ltd. regarding the Superb Lake lithium project in Ontario.
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Medaro Mining Corp. (CSE: MEDA) (OTC Pink: MEDAF) has entered into a letter of intent with Eureka Lithium Corp. for an option to acquire a 100% undivided interest in the mineral claims comprising the Lac La Motte Project in Abitibi, Quebec. The deal includes the issuance of common shares, exploration expenses, and cash payments to the underlying owner. The Letter of Intent is non-binding, except for provisions relating to the exclusive period of dealing and the right of Eureka to conduct a due diligence review, as well as certain other customary provisions.
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Medaro Mining Corp. (CSE: MEDA) reports preliminary results at CYR with lithium values greater than 7,500 ppm. The Darlin property also shows promising results with substantial lithium anomalous areas and correlation with other critical elements. CEO Michael Mulberry expressed excitement about the developments and highlighted the potential for future exploration and development.
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Medaro Mining Corp announces results from the 2023 field program on the Superb Lake Property in Ontario.
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Medaro Mining Corp. expands Lac La Motte property in Quebec through acquisition of 15 additional claims.
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FAQ
What is the current stock price of MEDARO MINING (MEDAF)?
The current stock price of MEDARO MINING (MEDAF) is $0.12592 as of January 10, 2025.
What is the market cap of MEDARO MINING (MEDAF)?
The market cap of MEDARO MINING (MEDAF) is approximately 1.3M.
Where is Medaro Mining Corp. based?
Medaro Mining Corp. is based in Vancouver, British Columbia.
What type of company is Medaro Mining Corp.?
Medaro Mining Corp. is a lithium exploration company.
What projects does Medaro Mining Corp. have?
Medaro Mining Corp. holds options over various lithium properties in Thunder Bay, Ontario, Quebec, and Saskatchewan.
What recent achievement did Medaro Mining Corp. announce?
Medaro Mining Corp. recently terminated its option agreement with Rock Edge Resources Ltd.
What recent drilling results did Medaro Mining Corp. announce?
Medaro Mining Corp. announced promising drilling results at the CYR South lithium property in Quebec.
What corporate action did Medaro Mining Corp. approve?
Medaro Mining Corp. approved a consolidation of its common shares on a ten-to-one basis.
MEDARO MINING CORP
OTC:MEDAF
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MEDAF Stock Data
1.34M
10.01M
5.06%
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