Medallion Resources Ltd. announced the resignations of Mr. Alfredo Ramos Plasencia as Director and Dr. Kurt Forrester as Chief Technical Officer and Director. Both Mr. Ramos and Dr. Forrester will remain available to Medallion in advisory roles. Mr. Ramos and Dr. Forrester have been instrumental in advancing the Company's displacement chromatography technology developed by Purdue University.

Medallion holds exclusive, worldwide rights to use the patented methodology for the separation of rare earths and other minerals from raw materials other than coal by-products, coal waste and acid mine drainage, and wastes and recyclates from battery and magnet sources.