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MKR.V ·

Melkior Appoints New Chief Financial Officer Melkior Head Office Moves to New Location

Management Changes

January 13, 2017 Trading Symbol: MKR TSX Venture Exchange

Timmins, Ontario: Melkior Resources Inc. ("Melkior") is pleased to appoint David Lindsay as its new Chief Financial Officer, as of January 1, 2017, replacing Mr. Sabino Di Paola.

David holds a Certificate in Canadian Tax Executives and has obtained Secret Clearance with the Federal Government, as well as a member of the Financial Management Institute of Canada. He has worked with the private, government, and non-government business sectors , including Domtar Forest Products (Comptroller), Churchill Falls (Labrador) Corporation (Project Controller), Canadian Institutes of Health Research (Financial Accountant), Accu-tech Computer Systems (V.P Finance), Federation of Canadian Municipalities (Financial advisor for Greenhouse Gas Project).

Melkior Resources Inc. has relocated its head office to 66 Brousseau Ave., Suite 207, Timmins, Ontario P4N 5Y2, allowing a closer proximity to current and upcoming projects.

The board of directors would like to thank Mr. Di Paola for his work as Chief Financial Officer and Chief Operating Officer during the restructuring of the corporate.

The reader is invited to visit Melkior's website www.melkior.com.

For more information:

Melkior Resources Inc.

E-mail: [email protected]

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.