Brief: Medallion announces $600,000 private placement and share consolidation

Gamma Resources

12/07/2017 11:00

July 12 (Reuters) - Medallion Resources Ltd  MDL.V  
    * Medallion announces $600,000 private placement and share 
consolidation 
    * Plans to complete a consolidation  on basis of one new 
common share for every four currently-outstanding common shares 
    * Does not intend to change name or current trading symbol 
in connection with proposed share consolidation 
    * No fractional consolidated common shares will be issued as 
a result of share consolidation 
 
Source text for Eikon:  ID:nCCNplrQta  
Further company coverage:  MDL.V  
 
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