Melkior Announces Two Years Extension of Warrants


OTTAWA, ONTARIO--(Marketwired - Oct. 18, 2016) - Melkior Resources Inc. ("Melkior") (TSX VENTURE:MKR) is pleased to announce that, subject to regulatory approval, it has agreed to extend for two years the term of the following previously issued share purchase warrants:

Number of
warrants
Exercise
price
Issue Date Expiry date
prior to
revision
Revised
Expiry Date
7,810,000 0.05 October 20, 2014 October 20, 2016 October 20, 2018

Melkior has significantly advanced its exploration projects during the past year thanks to the investors in 2014 and is of the opinion that an extension of these warrants is justified.

About Melkior:

The reader is invited to visit Melkior's new web site www.melkior.com.

Neither 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:

Jim Deluce
CEO
613.721.2919
613.680.1091 (FAX)
info@melkior.com