Melkior Resources Inc.
TSX VENTURE : MKR
OTC PINK : MKRIF
FRANKFURT : MEK

Melkior Resources Inc.

May 31, 2016 08:30 ET

Melkior Appoints New Chief Financial Officer and Grants Stock Options

OTTAWA, ONTARIO--(Marketwired - May 31, 2016) - Melkior Resources Inc. (TSX VENTURE:MKR)(OTC PINK:MKRIF)(FRANKFURT:MEK) ("Melkior") is pleased to announce that Laina Maclean, CPA, currently Melkior's Controller, will become its new Chief Financial Officer, replacing Sabino Di Paola, who will become Melkior's permanent Chief Executive Officer. Ms. Maclean will assume the role on June 1, 2016

Ms. Maclean brings extensive experience in exploration accounting from her previous role as an accounting manager for (Noranda/Falconbridge) Glencore.

"We are excited to announce Laina's acceptance of the CFO role. She brings major mining company experience and an extensive knowledge of Melkior to the position in addition to outstanding analytical and strategic skills," said Sabino Di Paola.

In other news Melkior is pleased to announce that the Board of directors has approved the grant of 4,000,000 stock options to directors, officers and consultants at $0.10 per share exercisable for 5 years. The stock options are subject to Melkior's Stock Option Plan.

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.

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