March 29, 2019, Timmins, ON - Melkior Resources Inc. (the "Company" or "Melkior") (TSXV - "MKR") is pleased to announce that it has arranged a non-brokered flow-through private placement (the "Private Placement") for proceeds up to C$250,000.
The Private Placement will be flow-through common shares issued at a price of $0.06 per common share, with each such share issued as a "Flow-Through Share" within the meaning of the Income Tax Act (Canada).
Proceeds of the Private Placement will be used to conduct further exploration on the Company's Canadian mineral properties.
Finders' fees may be paid as permitted by the TSX Venture Exchange, and applicable securities laws. All securities issued under the Private Placement will have hold period of four months and a day from closing.
On behalf of the Board of Directors
"Keith James Deluce"
Keith James Deluce, CEO
For further information, please contact:
Melkior Resources Inc.
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
Tel: 705-267-4000
The reader is invited to visit Melkior's web site www.melkior.com.
Neither the 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.
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
