Welcome to our dedicated page for Meryllion Resour news (Ticker: MYRLF), a resource for investors and traders seeking the latest updates and insights on Meryllion Resour stock.
Meryllion Resources Corporation reports exploration-stage mining developments tied to critical minerals and precious metals projects. The company is listed on the Canadian Securities Exchange and trades on the OTC Pink market under MYRLF. Its recurring updates cover the Makenzie gold, silver and antimony project in Nye County, Nevada, and the Westbury and Tasmanian Strategic Green Metals ionic adsorption clay rare earth elements projects in northeastern Tasmania, Australia.
Company news also includes drilling and sampling programs, rare earth element assay references, permitting activity, technical appointments, management changes, private placements, warrant amendments and stock option grants. These releases frame Meryllion's exploration work, project funding and public-company governance actions.
Meryllion (OTC:MYRLF) closed its previously announced non-brokered LIFE financing. The company issued 20,350,000 units at $0.05, raising gross proceeds of $1,017,500. Each unit includes one share and a warrant exercisable at $0.07 for 36 months after a 62-day delay.
Meryllion paid a $25,000 advisory fee plus 500,000 shares, and finder’s fees of $81,400 plus 1,628,000 finder’s warrants. Proceeds will fund exploration, development, and working capital. A director-controlled entity invested $75,000, treated as a related-party transaction under MI 61-101 with applicable exemptions.
Meryllion Resources (OTC: MYRLF) has started drilling at its ionic adsorption clay (IAC) rare earths project in northeastern Tasmania on February 19, 2026. The company holds an 800 km2 tenement package and will conduct a reconnaissance open-hole RAB program totalling ~400m in wide-spaced vertical holes averaging 6m depth.
Previous sampling returned up to 3,505.3 ppm TREE, including high dysprosium (163.0–276.6 ppm Dy2O3) and terbium (26.11–43.28 ppm Tb4O7); results are expected within 60 days. Permitting for the Makenzie Nevada project is planned in Q1 2026.
Meryllion Resources (OTC: MYRLF, CSE: MYR) granted an aggregate of 8,400,000 stock options to certain officers, directors and consultants on January 28, 2026.
Each option permits purchase of one common share at $0.08, vests immediately, expires in three years, and is subject to a statutory hold period of four months plus one day.
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.