Melkior Closes Flow-Through Financing

About this update from Melkior Resources Inc.

[{"type":"text","content":"Melkior Closes Flow-Through Financing(via TheNewswire)\n \n \nTimmins, Ontario / TheNewswire / Melkior Resources Inc. (the \"Company\") is pleased to announce that it has closed a private placement of 7,692,307 flow-through common shares at $0.065 for total proceeds of $500,000.\n\n \n \nThe Company paid finder's fees of $40,000 and issued 461,538 share purchase warrants in respect of the placement. Each finder's warrant is exercisable into one common share of the Company for a period of two years at a price of $0.065.\n\n \n \nAll securities issued under the placement will be subject to statutory hold periods expiring on April 23, 2018.\n\n \n \nThe Company will use the proceeds from the private placement to conduct further exploration on its Canadian mineral properties.\n\n \n \nON BEHALF OF THE BOARD\n\n\n \nKeith James Deluce, CEO\n\n \n \nFor more information, please contact:\n\n\n \nMelkior Resources Inc.\n\n\n \nE-mail: [email protected] \n\n\n \nTel: 705-267-4000\n\n \n \nThe reader is invited to visit Melkior's web site www.melkior.com.\n\n \n \nNeither 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.\n\n \n Copyright (c) 2017 TheNewswire - All rights reserved.","length":2972,"tagName":"div"}]

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