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Meryllion Resources Corporation MYRLF


Primary Symbol: C.MYR

Meryllion Resources Corporation is a Canada-based exploration company. The Company is focused its Ionic Adsorption Clay (IAC) hosted Rare Earth Elements (REE) project in Tasmania. The Tasmania REE Projects are hosted in highly sought rare earth-rich ionic adsorption clay hosted deposits comprising Jurassic dolerites and basalts and provide upside potential for economic rare earth magnet metals. It has interest in four rare earth exploration leases located in northeast Tasmania totaling approximately 809 square kilometers.


CSE:MYR - Post by User

Post by Skymanon Mar 19, 2021 8:25am
230 Views
Post# 32836245

Insider Buying

Insider BuyingAfter the financing this week, two insiders have increased their ownership to 22.17% of this shell company according to statutory filings on Sedar:

David Steinepreis, London, England 
Jeremy Edelman, Claremont, Western Australia
Together they own almost half of the outstanding shares.

The last nuance of debt has been cleared from the balance sheet through the issuance of shares.
The stage is being set for an RTO or Special Acquisition.
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