Medallion Resources today announced that it has closed the first tranche of its $798,000 non-brokered private placement, as announced in the Company’s news release dated August 2, 2019, for gross proceeds to the Company of $564,120. Medallion has issued an aggregate of 5,372,572 units pursuant to the first tranche of the Offering at a price of $0.105 per Unit. Each Unit consists of one common share of the Company
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