Business
Medallion Resources Appoints Alfredo Ramos Plasencia President, CEO and Director, Dr. Kurt Forrester as Chief Technology Officer
VANCOUVER, British Columbia, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Compan
About this update from Gamma Resources Ltd.
[{"type":"text","content":" VANCOUVER, British Columbia, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN) – “Medallion” or the “Company”) is pleased to announce it has appointed Alfredo Ramos Plasencia as President, CEO and Director, and Dr. Kurt Forrester as Chief Technology Officer; Dr. Forrester will continue to serve as a director. Mark Saxon, who was appointed President and CEO in May 2020, will continue as a director and Vice President of Business Development focused on upstream rare earth feedstock supply. Douglas Newby will continue to serve as Chief Financial Officer and Corporate Secretary. Under Mr. Ramos’ leadership, Medallion will focus on mid-stream separation and purification of rare earth oxides and salts (“REOs”) based on patented LAD Chromatography, enablement of upstream processing using its proprietary MMP technology, and marketing of magnetic REOs (neodymium, praseodymium, dysprosium, and terbium) to downstream rare earth permanent magnet producers and consumers. Mr. Ramos brings more than 20 years’ experience in process industries, having worked in diverse research and development, engineering and operational roles across a wide range of sectors including chemicals, energy and mining. He has key expertise in digital design and smart manufacturing solutions having developed and commercialized novel technologies supporting design, engineering and operation of industrial assets. Mr. Ramos holds a Masters in Chemical Engineering from RWTH Aachen University (Dipl.-Ing.) and an MBA, with distinction, from London Business School. Mr. Ramos is a Governor at Teesside University, a member of the Industry Advisory Board at the University of Edinburgh's Department of Chemical Engineering, and an advisor to the High Value Manufacturing Catapult in the UK. He has been completing his tenure as member of the senior leadership at the Center for Process Innovation Ltd. (“CPI”) since April 2022 when Medallion first announced his intention to join the Company. “I am excited to join Medallion. As the world embarks on the transition to sustainable energy sources, it is of paramount importance to develop supply chains to provide the global economy with critical materials needed to produce, store and consume energy in an environmentally and socially responsible way,” Mr. Ramos stated. “Medallion is well ...