Meryllion Resources Announces Warrant Extension

About this update from Meryllion Resources Corp.

[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - Meryllion Resources Corporation (CSE: MYR) ("Meryllion" or the "Company") announces that it has extended the expiry date of an aggregate of 7,984,025 outstanding common share purchase warrants (the "2024 Warrants"). The 2024 Warrants were issued in connection with a non-brokered private placement of units by the Company on January 8, 2024.","length":439,"tagName":"p"},{"type":"text","content":"The initial exercise price of the 2024 Warrants is $0.07 and remains unchanged. The 2024 Warrants had an original expiry date of January 8, 2026. The Company proposes to extend the expiry date of the 2024 Warrants by an additional six months such that the 2024 Warrants will expire on July 8, 2026 (the "Extension"). All other terms and conditions of the 2024 Warrants will remain unchanged.","length":401,"tagName":"p"},{"type":"text","content":"The Extension is subject to final approval by the Canadian Securities Exchange (the "CSE"); however, the CSE has granted an exemption from the requirement of Section 6.7(c) (no warrants having been exercised in the last six months) of CSE Policy 6 to permit the Company to undertake the Extension. No action will be required on the part of the holders of the 2024 Warrants to give effect to the Extension, and replacement warrant certificates will not be issued. Original warrant certificates must be presented to the Company in order to exercise any of the 2024 Warrants.","length":582,"tagName":"p"},{"type":"text","content":"One of the directors of the Company is the beneficial owner of 2,341,625 of the 2024 Warrants and, therefore, the Extension may constitute a "related party transaction" pursuant to Multilateral Instrument 61-101 - Protection of Minority Shareholders in Special Transactions ("MI 61-101"). The Extension is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the faire market value of the Extension does not exceed 25% of the Company's market capitalization.","length":525,"tagName":"p"},{"type":"text","content":"About Meryllion Resources Corporation:","length":38,"tagName":"p"},{"type":"text","content":"Meryllion is an exploration stage company listed on the Canadian Securities Exchange. The Company recently...

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