Melkior Annual Shareholders Meeting and Corporate Update

March 7, 2016 Trading Symbol: MKR TSX Venture Exchange

Ottawa, Ontario, Melkior Resources Inc. (“Melkior”) held its Annual Shareholder meeting on

March 4, 2016 in its Ottawa office. The shareholders approved the appointment of the four directors

with Sabino Di Paola, Jim Deluce, Bruce Deluce, and Norman Farrell with a 99% approval. Smythe

CPA will remain as the Auditors of the Corporation for the August 31, 2016, year end audit.

Melkior personnel will be present at the March 6th to 9th Prospectors and Developers

Convention in Toronto (Booth 2903 Beaufield Resources). Melkior Exploration Manager, Wayne

Holmstead will be giving a talk about the Carscallen Gold Property at the Ontario Pavilion (Booth

637) on Monday March 7 at 3:30 pm.

This news release has been prepared by Jens E. Hansen, P. Eng, CEO, (613 715 1190)

Melkior Resources Inc.

About Melkior:

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

For more information:

Melkior Resources Inc.

Wayne Holmstead, Exploration Manager Sabino Di Paola, CFO Tel: 613.876.6844 Tel: 613.293.9219 Fax: 613.680.1091 Fax: 613.680.1091 E-mail: [email protected] 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.