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Medallion Resources

Medallion Resources raises a total of 634,425 after second round of financing closes

Medallion Resources (CVE:MDL) President and CEO Don Lay joined Steve Darling from Proactive Investors Vancouver to discuss his company closing the second tranche of their financing. That money will be used to do further metallurgical testing. 

Lay also discusses the recent big news in the space, Wesfarmer's recent all-cash bid for Lynas Corp., the largest rare earth producer outside of China. Lay discussing what it means for the sector now and in the future.

Quick facts: Medallion Resources

Price: $0.12

Market: TSX-V
Market Cap: $4.4 m
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