Melkior Resources Announces $250,000 Flow-Through Private Placement
(TheNewswire)
March 29, 2019, Timmins, ON – Melkior Resources Inc. (the “Company” or “Melkior”) (TSXV - “MKR”) is pleased to announce that it has arranged a non-brokered flow-through private placement (the “Private Placement”) for proceeds up to C$250,000.
The Private Placement will be flow-through common shares issued at a price of $0.06 per common share, with each such share issued as a “Flow-Through Share” within the meaning of the Income Tax Act (Canada).
Proceeds of the Private Placement will be used to conduct further exploration on the Company’s Canadian mineral properties.
Finders’ fees may be paid as permitted by the TSX Venture Exchange, and applicable securities laws. All securities issued under the Private Placement will have hold period of four months and a day from closing.
On behalf of the Board of Directors
“Keith James Deluce”
Keith James Deluce, CEO
For further information, please contact:
The reader is invited to visit Melkior’s web site www.melkior.com.
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