Meryllion Resour Stock Price, News & Analysis

Meryllion Resources (OTC:MYRLF) announced an investor awareness and media services agreement dated January 19, 2026 with Martin City Studios, operator of The Ellis Martin Report.

Under the six-month agreement Martin City Studios will produce audio interview content and distribute it via broadcast and digital platforms. Compensation is a cash fee of USD 15,000 plus stock options to buy 300,000 common shares at CAD 0.065 per share exercisable for 24 months. The agreement is subject to final acceptance by the Canadian Securities Exchange and Martin City Studios is described as an arm's-length provider with no ownership interest in the company.

Meryllion Resources (OTC:MYRLF) closed the second tranche of a non‑brokered private placement on January 12, 2026, issuing 5,875,000 common shares at C$0.05 each for gross proceeds of C$293,750. Combined with the first tranche (Dec 23, 2015), total gross proceeds raised under the placement are C$575,750. Securities are subject to a statutory hold period of four months and one day and the placement is subject to final acceptance by the Canadian Securities Exchange. Proceeds will fund exploration and working capital, including an imminent drilling campaign at the company’s ionic adsorption clay hosted rare earths project in northeastern Tasmania. Insiders subscribed for an aggregate of C$200,000, a related‑party participation exempt from formal valuation and minority approval under MI 61‑101.

Meryllion Resources (OTC:MYRLF) closed the first tranche of a non-brokered private placement on December 23, 2025. The Company issued 5,640,000 common shares at $0.05 per share for gross proceeds of $282,000.

The Company paid a $10,500 finder’s fee and says proceeds will be used for exploration activities and working capital. A second tranche is expected within two weeks and issuance remains subject to final CSE acceptance. All securities are subject to a four-month-and-one-day hold period. Insiders subscribed for $37,500, constituting a related-party transaction exempt from formal valuation and minority approval under MI 61-101.

Meryllion Resources (OTC:MYRLF) announced an extension of 7,984,025 outstanding common share purchase warrants issued January 8, 2024.

The warrants keep their $0.07 exercise price and were originally set to expire January 8, 2026; the company proposes to extend expiry by six months to July 8, 2026. All other warrant terms remain unchanged and holders need take no action; replacement certificates will not be issued and original certificates must be presented to exercise.

The Extension is subject to final approval by the Canadian Securities Exchange, which granted an exemption from CSE Policy 6. One director beneficially owns 2,341,625 of the warrants, so the Extension may be a related party transaction but is exempt from MI 61-101 formal valuation and minority approval requirements.

Meryllion (OTC:MYRLF) intends to complete a non-brokered private placement of up to 12,000,000 common shares at $0.05 per share for gross proceeds up to $600,000. Proceeds are earmarked for exploration activities and working capital. Shares will carry a four-month-and-one-day hold period. Closing is subject to CSE approval and other regulatory consents. The company has drilling permits and a budgeted drilling program ready to start on close, with management expecting drilling results within 60 days of closing. Management noted adjacent ABX reported a high-grade mixed rare earth carbonate, but said adjacent results are not necessarily indicative of Meryllion leases.

Meryllion Resources (CSE:MYR) announced several changes to its management team. Guy Charette has resigned from his position as director of the company. Additionally, Chuck Forrest has stepped down as Chief Financial Officer but will continue serving as a director. The company has appointed Ian Lynch as its new Chief Financial Officer, effective September 1, 2025.

Meryllion Resources (CSE: MYR) has appointed Mark J. Pryor as Technical Advisor of US Exploration. Pryor, a geologist with 40 years of experience, has successfully advanced multiple mining projects and currently serves as Executive Vice President of Exploration for a private US exploration group.

The company recently entered into a lease and option agreement for the Makenzie gold/silver/antimony project in Nevada, which Pryor introduced to Meryllion. The project, located 48 km from Kinross Mining's Round Mountain Gold Project, represents one of Nevada's largest untested precious metals anomalies. Meryllion has expanded its presence by staking an additional 89 claims, bringing the total to 102 claims covering 8.24 km².

Meryllion Resources (CSE:MYR) has executed a Lease and Option Agreement with Bull Mountain Resources LLC for the Makenzie Gold, Silver and Antimony project in Nevada. The project, located 44 km south-southwest of Austin, represents one of Nevada's largest untested gold, silver, and antimony anomalies.

The company has expanded the project area to 102 claims covering 8.34 km². Historical drilling results include values up to 1.337 g/t Au over 10 meters and 31.89 g/t Ag. Recent sampling reported values up to 2.90 g/t Au, 70.2 g/t Ag, and 288ppm Sb.

Under the five-year agreement terms, Meryllion will make staged payments totaling $370,000, complete 6,000 linear meters of drilling, and can acquire 100% interest in the property while granting BMR a 2% NSR on project lands.

Meryllion Resources Corporation (CSE: MYR) has secured a CAD$195,000 loan from company director David Steinepreis. The loan comes with a 12-month term and carries a 6% annual interest rate, payable quarterly. The unsecured loan can be prepaid without penalty, and the proceeds will be used for working capital and settling accrued liabilities. As a related party transaction under MI 61-101, the company has utilized exemptions from valuation and minority shareholder approval requirements, citing its market listing status and the transaction value being below 25% of market capitalization.