Medallion Resources (TSE:GAB) has released an update.
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GABO Mining Ltd., previously known as Medallion Resources Ltd., has announced a private placement aiming to raise $1 million through the sale of 10 million units at $0.10 each. The funds will support the exploration of resource sector opportunities in the Americas and advance the company’s proprietary rare-earth element extraction process. Additionally, GABO appointed Robert Doyle as the new Chief Financial Officer.
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