MDL Medallion Resources Ltd

Medallion Resources Ltd. (TSX VENTURE:MDL)(OTCQX:MLLOF)(FRANKFURT:MRD)
("Medallion" or the "Company") today announced that it has appointed David Shaw,
PhD, a highly accomplished independent geological consultant, to the Company's
Board of Directors. 


With over 30 years of experience and a doctorate in structural geology, Mr. Shaw
is sought-after for his analysis of structural controls of mineralization and
expertise in both technical and financial due diligence of mineral project
investments. Most recently, David was Chairman of Salares Lithium Inc., a
Canadian-listed explorer that subsequently merged with Australian producer
Talison Lithium. David remained as an independent director through Talison's
acquisition by Chengdu Tianqi Group for $848 Million in February 2013. 


"David has been an active member of Medallion's Advisory Board for several
years. Now, as we move closer to key decisions on the proposed Oman-based,
rare-earth-production facility, the addition of David's technical expertise and
financial judgment helps us to advance the project," commented Dr. Bill Bird,
Medallion's Chairman and CEO. 


Currently, David Shaw is an independent director of First Majestic Silver Corp.,
Great Quest Metals Ltd., and President of Albion Petroleum Ltd. Shaw's
appointment to Medallion's Board of Directors brings the total number of
directors to six. Pursuant to its stock option plan and subject to TSX Venture
Exchange approval, Medallion has granted 235,000 incentive options, with an
exercise price of $.15, to David Shaw. 


About Medallion Resources

Led by Dr. Bill Bird and supported by an experienced technical team, the Company
focuses on low-cost, near-term, rare-earth production opportunities using the
rare-earth mineral monazite, which is available as a by-product from existing
mining and mineral-sands sources principally in the Indian Ocean basin.
Medallion is currently evaluating a proposal to import monazite feedstock and
produce rare-earth products at a proposed processing facility in the industrial
city of Duqm, Oman. Rare earths are used in critical components for virtually
all computing and mobile electronic products, as well as wind turbines, electric
and hybrid vehicles, and strategic defense systems. Medallion is committed to
following best practices and accepted international standards in all aspects of
mining, mineral processing and the safe management of waste materials. More
about Medallion (TSX VENTURE: MDL)(OTCQX:MLLOF)(FRANKFURT:MRD) can be found at
www.medallionresources.com.


Medallion management takes full responsibility for content and has prepared this
news release. Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. Some of the
statements contained in this release are forward-looking statements, such as
statements relating to completion of the private placement, completion of
transactions under the Company's MOUs, completion of monazite feed agreements,
and estimates and statements that describe Medallion's future exploration,
production and financing plans, objectives or goals, including words to the
effect that Medallion or management expects a stated condition or result to
occur. Since forward-looking statements address future events and conditions, by
their very nature, they involve inherent risks and uncertainties, including the
risks inherent in completing complex business arrangements in international
jurisdictions and other risks outlined in the Company's management discussions
and analysis of financial results. Actual results in each case could differ
materially from those currently anticipated in these statements. Such risks
include risks of completing planned financing, and risks that expectations may
be raised by discussing potential business, acquisitions or development plans.
Also, in order to proceed with Medallion's plans, additional funding will be
necessary and, depending on market conditions, this funding may not be
forthcoming on a schedule or on terms that facilitate Medallion's plans.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Medallion Resources Ltd.
Donald Lay
President
+1.604.681.9558
info@medallionresources.com
www.medallionresources.com


Hamza Thindal Capital Corp.
Kam Thindal
+1.604.488.9875
kam@htcapitalcorp.com

Grafico Azioni Medallion Resources (TSXV:MDL)
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