Meryllion Resources Corp. announces that it has cancelled an aggregate of 2,290,000 stock options of the Company. Of the cancelled options, an aggregate of 1,340,000 were exercisable at exercise prices of $0.105 to $0.115 until May 27, 2026, and an aggregate of 950,000 were exercisable at exercise prices of $0.105 to $0.115 until September 26, 2027. All of the options were voluntarily surrendered by the holders thereof [...]
Meryllion Resources Corp. is pleased to announce that, further to its press release of January 15, 2024, it has made the option exercise payment in respect of the rare earth exploration leases held by Tasmania Strategic Green Metals Pty Ltd. and Westbury Resources Pty Ltd. in Tasmania. The payment was made by way of issuance of an aggregate of 4,186,046 common shares to TSGM and Westbury at a deemed issue price of [...]
Meryllion Resources Corp. is pleased to announce that further to its decision to exercise its option in respect of the Ionic Adsorption Clay hosted rare earths project in Tasmania , it has released an NI 43-101 compliant technical report in respect of the Project. This report was authored by Dr. Louis Bucci, PhD , B AppSc Hon , GCert.Ed, MAIG, and can be accessed through the Company's website. The report concluded: "The [...]
Meryllion Resources Corp. is pleased to announce that it intends to exercise its previously announced option in respect of the rare earth exploration leases held by Tasmania Strategic Green Metals Pty Ltd. and Westbury Resources Pty Ltd. in Tasmania . The option agreement originally required an initial cash payment of AUD$125,000 to TSGM/Westbury. Pursuant to varied terms, the Company will now make an initial payment to [...]
Meryllion Resources Corp. , is pleased to announce that it has closed its previously announced non-brokered private placement . Pursuant to the Private Placement, the Corporation issued a total of 8,011,625 units of the Corporation at a price of $0.04 per Unit for gross proceeds of $320,465. Each Unit consists of one common share of the corporation and one common share purchase warrant . Each Warrant entitles the holder [...]
Meryllion Resources Corp. announces an amendment to the terms of its non-brokered private placement financing previously announced on November 14, 2023. The intended Private Placement will now be comprised of up to 14,900,000 units of the Company at a price of $0.04 per Unit for gross proceeds of up to $596,000. Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant [...]
Meryllion Resources Corp. is pleased to announce that it intends to complete a non-brokered private placement financing for total gross proceeds of up to $1,192,000. The financing will consist of the issuance of up to 29,800,000 common shares at a price of $0.04 per share. In connection with the above-noted non-brokered private placement, a finder's fee of 7% cash will be paid to eligible finders in accordance with the [...]
Meryllion Resources Corp. is pleased to announce that, further to its press release of July 20, 2023, it has entered into an amended arm's-length Option and Earn-In Agreement with Tasmania Strategic Green Metals Pty Ltd. and Westbury Resources Pty Ltd. , a private Australian company, to acquire from Westbury an interest in an additional 250 square kilometre granted rare earth exploration lease located in northeast [...]
Meryllion Resources Corp. is pleased to announce that it has entered into a marketing consulting agreement as of August 28, 2023 with Jemini Capital , a Canadian-based consulting firm, for corporate development, marketing and financing services. Pursuant to the Agreement, Jemini will provide investor relations, corporate communications and consulting services to the Corporation. Under the terms of the Agreement, Jemini [...]
Meryllion Resources Corp. is pleased to announce that it has entered into a market-making agreement as of August 11, 2023 with Independent trading Group , Inc. pursuant to which ITG has agreed to provide certain market-making services to the Company. ITG will trade the securities of the Company on the Canadian Securities Exchange for the purposes of maintaining an orderly market and improving liquidity of the Company's [...]
Meryllion Resources Corp. is pleased to announce that it has entered into an arm's-length Option and Earn-In Agreement dated as of July 17, 2023 with Tasmanian Strategic Green Metals Pty Ltd. , a private Australian company, to acquire an interest on four rare earth exploration leases located in northeast Tasmania totaling approximately 809 square kilometres . Under the terms of the Agreement, Meryllion will have a 90-day [...]
Meryllion Resources Corp. , is pleased to announce that it has closed a non-brokered private placement pursuant to which the Corporation has issued a total of 2,000,000 units of the Corporation at a price of $0.05 per Unit for gross proceeds of $100,000. Each Unit consists of one common share of the corporation and one common share purchase warrant . Each Warrant entitles the holder thereof to acquire an additional Common [...]