Medallion Resources Provides Update On ACDC Metals Pty Ltd Progress Toward IPO On ASX
In a non-binding agreement, Medallion is licensing its proprietary Medallion Monazite Process (MMP) to ACDC, an Australian company that plans to develop heavy mineral sand projects in southern Australia. Remarking on the deal, Medallion CEO Mark Saxon said, “ACDC has made excellent progress to finalize multiple mineral sand acquisitions, raise seed capital, and prepare for ASX listing. Through its early support, Medallion is positioned to not only benefit from the uplift in ACDC’s valuation through the IPO process, but also start receiving milestone payments and royalties as ACDC advances its projects.”
For more details about the results, disclosures and other information, please read Medallion’s recent full news release below.
Origin Therapeutics’ Portfolio Company, Dimensions, To Launch Psychedelic Healing Retreat
One of Origin Therapeutics’ (ORIG) portfolio companies, Dimensions Health Centres Inc. (Dimensions) has unveiled the plans for its first psychedelic retreat destination. The retreat will take participants to Dimensions Algonquin Highlands. Origin CEO Alexander Somjen praised the retreat designs and Dimensions’ efforts, saying, “By delivering these therapies in an integrative environment, we anticipate that outcomes will have the potential to produce significant, positive mental health outcomes in a time when so many desperately need it.” Check out the press release for more info.
TerraZero Debuts 22Gz Decentraland Music Video
TerraZero is making moves in the music world. In collaboration with Brooklyn drill rapper 22Gz and Atlantic Records, TerraZero developed and built out a metaverse replica of New York’s Brooklyn Bridge for the world premier of the music video for 22Gz’s single, Spin. Find out more about the metaverse world premier in TerraZero’s recent press release.
Medallion Strengthens Its Up-List Plan To Facilitate Dual Listing In The U.S. And Canada
Medallion has announced a new strategic plan that will allow it to continue trading on TSX-V after listing on NasdaqCM. Both current and prospective shareholders are positive about the strategy, which, as Medallion Pres. and CEO Mark Saxon put it, will focus “on the supply of materials and technologies for the energy transition and up-listing to Nasdaq.” The plan was developed in response to Canadian shareholders’ preference for Medallion to be dual listed, and will be addressed at the upcoming Shareholders’ Meeting. For now, you can find out more in Medallion’s press release:
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