Rare earth element (REE) company Medallion Resources is rebranding as Gabo Mining and will start trading on the TSX-V under the symbol ‘GAB’ on February 14.
The company, which has developed a proprietary process to extract REEs from monazite, will be consolidating its common shares on the basis of one new post-consolidation share for every seven pre-consolidation common shares.
Effective at the opening of the market on February 14, the common shares of the company will start trading on a post-consolidation basis.