Melkior closes $40,000 private placement

Ottawa, Ontario. Melkior Resources Inc. (“Melkior”) is pleased to announce that it has completed the closing of its previously announced private placement for aggregate proceeds of $40,000 consisting of the issuance of 616,667 flow through units at a price of $0.06 per unit. Each unit is comprised of one flow through common share and one non-flow through common share purchase warrant. Each full warrant entitles its holder to purchase one additional common share at a price of $0.06 for a period of 24 months following the closing. The securities issued under the private placement are subject to a four (4) month hold period ending April 20, 2014.

In conjunction with the private placement, insiders of Melkior have subscribed for aggregate proceeds of $12,000.

There were no commissions issued in relation to this private placement.

The proceeds of the placement will be for advancing exploration on Melkior’s 100% owned Carscallen gold property in Timmins Ontario.


About Melkior:

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For more information:

Melkior Resources Inc.


Jens Hansen, President           or         Sabino Di Paola, CFO

Tel: 613.721.2919                               Tel: 613.293.9219

Fax: 613.680.1091                              Fax: 613.680.1091

E-mail: [email protected]    E-mail: [email protected]



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