| Melkior Resources
Inc. ("Melkior")(TSX VENTURE:
MKR)
Grant of 1,900.000 options at $0.50
As
of December 17, 2007, Melkior's Board
of directors has approved the grant of 1,900,000
options to directors and officers at $0.50 per
share exercisable for 5 years.
Acquisition of
Loveland
On November 2, 2007, Melkior entered
into an agreement whereby Melkior acquired a 100%
interest in 44 units in 9 claims located in the
Loveland Township near Timmins Ontario for $4,400
cash and 200,000 shares of the Corporation ,
subject to regulatory approval.
This news release
was prepared by Jens E. Hansen, P. Eng, President
Melkior Resources Inc., a Qualified Person under
NI 43-101.
This press release may contain
forward-looking statements that are subject to known
and unknown risks and uncertainties that could cause
actual results to vary materially from targeted results.
Such risks and uncertainties include those described
in the Company' periodic reports including the annual
report or
in the filings made by the Company from time to
time with securities regulations. The Company undertake
no obligation to publicly release the result of
any revision of these forward-looking statements
to reflect events or circumstances after the date
they are made or to reflect the occurrence of unanticipated
event. |
