Meryllion Resources Corp. , announced that effective today the Corporation has signed, and has entered into a non-binding letter of intent with the Santa Ysabel Tribal Development Corporation to complete a business combination resulting in a proposed reverse takeover of Meryllion by Back Country Property Management , SYTD's wholly owned subsidiary. The RTO is conditional upon the completion of due diligence by both [...]
Meryllion Resources Corp. , announced that on Friday January 25th, 2019 the Board of Directors had received, and it had accepted the resignation of Mr. Alan Grant as a Director of the Corporation. "On behalf of the Meryllion Board of Directors, and the entire Meryllion team, I would like to thank Mr. Grant for his contributions to the Corporation over these past few years and during this transitional period. We all wish [...]
Meryllion Resources Corp. , announced today that the Corporation has entered into several debt settlement agreements where the Corporation will issue Thirteen Million, One Hundred and Ten Thousand Common Shares at a deemed price of Two Cents CDN per Common Share, to settle Two Hundred and Sixty-Two Thousand, Two Hundred Dollars CDN of debt due to multiple creditors. The shares issued to complete the settlement agreements [...]
Meryllion Resources Corp. , announced today that the Letter of Intent between the Corporation and its intended Reverse Take Over partner, BitBlox Technologies Inc. has expired. The proposed RTO was originally announced on February 22nd, 2018. The Corporation updated the markets, via press release, in regards to the status of the RTO back on July 30th, 2018. The two companies have failed to enter into a definitive [...]
Meryllion Resources Corp. , announced today that its intended RTO partner, BitBlox Technologies Inc. , a cryptocurrency mining and blockchain company has acquired and is ready to deploy its first force of mining machines in a secure Ontario location. BitBlox will update this exciting development as details become available in the coming weeks. The two companies have also both mutually agreed to extend the deadline from [...]
Meryllion Resources announced today that it had entered into a shares for debt settlement pursuant to which the Corporation has issued Three Million Six Hundred Thousand Common Shares at a deemed price of Two and a Half Cents CDN per Common Share to settle Ninety Thousand Dollars CDN in debt owed to three creditors. For further information please contact: Mr. Paul Haber Interim CEO & Director [...]
Meryllion Resources announced that it entered into a non-binding Letter of Intent with BitBlox Technologies, a cryptocurrency mining technology company, to complete a business combination resulting in a proposed reverse takeover of Meryllion by the shareholders of BitBlox. BitBlox is a next generation, high value cryptocurrency mining enterprise that mines coins, through both Proof of Work and Proof of Stake based on [...]
Meryllion Resources is pleased to announce that Mr. Paul Haber, the Corporation's current Interim CEO, has been appointed to Meryllion's Board of Directors with immediate effect. Mr. Haber has been involved in corporate finance and capital markets for over 18 years. He has helped many companies navigate the IPO/RTO process and has participated in numerous M&A and financing transactions. Mr. Haber is the current Chairman [...]
]Meryllion Resources announced today that it has received Twenty-Five Thousand Dollars CDN from exercise of previously issued warrants. A total of 500,000 share purchase warrants were exercised at $0.05 per share. As a result of the exercise, the Corporation as at the date of this press release has a total of 50,888,420 common shares issued and outstanding. For further information please contact: Mr. Paul Haber Interim [...]
Meryllion Resources, announced today that both the Corporation's Management and Board is unaware of any material change in the Corporation's operations that would account for the recent increase in market activity and share price. The Corporation continues to evaluate acquisition targets in diverse sectors, including but not limited too, the mining, technology and medical sectors that would generate additional shareholder [...]
Meryllion Resources announced today that the Board of Directors have approved a change in its Auditor. Effective October 30th, 2017, the Corporation's Audit Committee and its Board of Directors have accepted the resignation of Crowe MacKay LLP., and have appointed UHY McGovern Hurley LLP., as the Corporation's new auditor until the close of the next annual general meeting of the Corporation. The Corporation has already [...]
Meryllion Resources announced today that it has appointed Mr. Paul Haber as Interim CEO and Mr. Frank Kordy as Interim CFO & Secretary effective immediately. Mr. Haber has been involved in corporate finance and capital markets for over 18 years. He has helped many companies navigate the IPO/RTO process and has participated in numerous M&A and financing transactions. Mr. Haber is the current Chairman and CEO of [...]