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MEDARO MINING CORP - MEDAF STOCK NEWS

Welcome to our dedicated page for MEDARO MINING news (Ticker: MEDAF), a resource for investors and traders seeking the latest updates and insights on MEDARO MINING stock.

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.

News

Medaro Mining Terminates Yurchison Uranium Property Option Agreement

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Medaro Mining (CSE: MEDA, OTC: MEDAF, FSE: 1ZY0) has announced the termination of its option agreement with Skyharbour Resources regarding the Yurchison uranium property. The termination will be effective February 12, 2025. The original agreement was dated November 1, 2021.

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Medaro Announces Shares for Debt Transaction

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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 Announces Share Consolidation

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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 Announces Proposed Share Consolidation

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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 Provides an Update on Its CYR South Discovery in James Bay, Quebec

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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 Unveils Promising Findings from Satellite Survey at its Lac La Motte Lithium Project

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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 Terminates Option over Superb Lake Property

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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. and Eureka Lithium Corp. Sign Letter of Intent to Option Their Lac La Motte Lithium Properties near Val D'Or, Quebec

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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 Completes 2023 Exploration Work with CYR South Drill Program Core Logging and Sampling at the Darlin Lithium Property in Quebec

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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’s JV Partner Rock Edge Resources Announces Sample Results From the 2023 Field Program at Superb Lake

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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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FAQ

What is the current stock price of MEDARO MINING (MEDAF)?

The current stock price of MEDARO MINING (MEDAF) is $0.1084 as of January 28, 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.
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MEDAF Stock Data

1.34M
10.52M
5.06%
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