Melior Announces Issuance of Shares


TORONTO, ONTARIO--(Marketwire - Sept. 30, 2011) - Melior Resources Inc. (formally Coalcorp Mining Inc.) (TSX VENTURE:MLR) ('Melior' or the 'Company') has issued 373,925 shares to Mr. Richard Lister in accordance with the previously announced terms of a share compensation agreement between the Company and Mr. Lister.

Forward Looking Statements Disclaimer

Forward Looking Statements made in this news release may be forward-looking and therefore subject to various risks and uncertainties. Such statements can typically be identified by terminology such as "may", "will", "could", "should", "expect", "potential", "plan", "anticipate", "believe", "intend", "possible", "continue", "objective" or other similar expressions concerning matters that are not historical facts. Certain material factors or assumptions are applied in making forward-looking statements and actual results may differ materially from those expressed or implied in such statements. The Company does not undertake to update any forward-looking statements; such statements speak only as of the date made.

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.

Contact Information:

Melior Resources Inc.
Steven Cresswell
Chief Financial Officer
416-644-1217