Melkior Announces AGM Results

Head Office: 66 Brousseau Ave., Suite 207, Timmins, ON P4N 5Y2 Canada

Melkior Announces AGM Results

January 29, 2018 Trading Symbol: MKR

TSX Venture Exchange

Timmins, Ontario. Melkior Resources Inc. (“ Melkior” or the “ Company”) is pleased to

announce that all resolutions tab led at its Annual General and Special Meeting held on January

24, 2018, were approved. The resolutions included;

- election of Keith James Deluce, Norman Farrell, Bruce Deluce an d Dominic Verdejo as

directors;

- appointment of auditors and authorization of directors to fix the auditor’s remuneration;

- passing of a special resolution approving the continuation of t he Company into British

Columbia, from the federal jurisdiction of the Canada Business Corporations Act.

The Board of Directors have determined to proceed with the cont inuation forthwith. As part of

the continuation, the Company will adopt Articles pursuant to t he British Columbia Business

Corporations Act, which will include advance notice provisions with respect to e lection of

directors (the “ Advance Notice Provisions ”). The Advance Notice Pr ovisions will ensure an

orderly nomination process of d irectors, ensure that shareholde rs are well-informed about the

identity, intentions and credentials of director nominees and e nsure that shareholders vote in an

informed manner after having been afforded reasonable time for appropriate deliberation.

The Articles will be available on SEDAR under the Company’s pro file once the continuation is

completed.

ON BEHALF OF THE BOARD

Keith James Deluce, CEO

For more information, please contact:

Melkior Resources Inc.

E-mail: [email protected]

Tel: 705-267-4000

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

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.