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Medallion Resources to Exhibit at the 2022 Vancouver Investment Conference – Booth #309

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Medallion Resources Ltd. (OTCQB: MLLOF) will exhibit at the Vancouver Resource Investment Conference on May 17-18, 2022. The management team invites shareholders and potential investors to booth #309 to discuss their New Clean Energy Technology Strategy and recent activities. Medallion focuses on low-cost rare-earth element production from monazite and has licensed innovative separation technology from Purdue Research Foundation. REEs are crucial for electric vehicles, electronics, and defense systems. More information is available at medallionresources.com.

Positive
  • Participation in the Vancouver Resource Investment Conference may enhance investor relations.
  • Utilization of a proprietary process for low-cost REE production could strengthen market position.
  • Recent licensing of innovative REE separation technology may improve operational efficiency.
Negative
  • Market conditions and regulatory approvals pose inherent risks to future business plans.

VANCOUVER, British Columbia, May 12, 2022 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN – “Medallion” or the “Company”), announces that it will be exhibiting at the upcoming Vancouver Resource Investment Conference (VRIC) at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Tuesday, May 17 and Wednesday, May 18, 2022.

Medallion’s management team invite current shareholders, potential investors, analysts, brokers, and interested parties to visit booth #309 to discuss the Company's recent activities, including updates on the Company's New Clean Energy Technology Strategy.

We look forward to seeing you there.

About Medallion Resources

Medallion Resources (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) 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 Research Foundation which can be utilized by Medallion and sub-licensed by Medallion to third party REE producers.

REEs are critical inputs to 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 mineral transportation, processing and the safe management of waste materials. Medallion utilizes 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.

Contact(s):

Mark Saxon, President & CEO
+1.604.681.9558 or msaxon@medallionresources.com


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.

Medallion management takes full responsibility for the content of and has prepared this news release. Some of the statements contained in this release are forward-looking statements, such as statements that describe Medallion’s plans with respect to general strategic matters and the advancement of its business plan, Medallion’s ability to advance and commercialize its technology platforms and negotiate commercial agreements with third parties.

Forward-looking statements are frequently, but not always, identified by words such as "expects," "anticipates," "believes," "intends," "estimates," "potential," "possible," "projects," "plans," and similar expressions, or statements that events, conditions or results "will," "may," "could," or "should" occur or be achieved or their negatives or other comparable words.   Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties, including the risks related to market conditions and regulatory approval and other risks outlined in the Company’s management discussions and analysis of financial results. Actual results in each case 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 update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required pursuant to applicable laws.


FAQ

What is Medallion Resources' stock symbol?

Medallion Resources' stock symbol is MLLOF (OTCQB).

When is Medallion Resources exhibiting at the Vancouver Resource Investment Conference?

Medallion Resources will exhibit at the conference on May 17-18, 2022.

What technology has Medallion Resources licensed?

Medallion Resources has licensed REE separation technology from Purdue Research Foundation.

What minerals does Medallion Resources focus on for production?

Medallion Resources focuses on producing rare-earth elements (REEs) from monazite.

What are the critical applications for rare-earth elements?

REEs are essential for electric vehicles, electronics, imaging systems, wind turbines, and defense systems.

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