(TheNewswire)
Timmins, ON / TheNewswire / June 5, 2018 – Melkior Resources Inc. (the
“Company” or “Melkior”) (TSXV - “MKR”) wishes to provide an update regarding its previously announced private placement
(the “Offering”) of up to 20,000,000 units (the “Units”).
The Offering will now consist of up to 20,000,000 Units at a price of $0.06 per Unit for gross
proceeds of up to $1,200,000. Each Unit is comprised of one common share of the Company and one common share purchase warrant
(a “Warrant”). Each Warrant will now entitle the holder to acquire one common share of the Company for a period of 3
years at a price of $0.085.
Proceeds of the Private Placement will be used to conduct further exploration on the Company’s
Canadian mineral properties and for general corporate and working capital purposes. Finders’ fees may be paid as permitted by the
TSX Venture Exchange, and applicable securities laws.
On behalf of the Board of Directors
“ Keith James Deluce”
Keith James Deluce, CEO
For further information, please contact:
Melkior Resources Inc.
E-mail: info@melkior.com
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.
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