Melkior Closes Flow-Through Financing

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

Melkior Closes Flow-Through Financing

December 22, 2017 Trading Symbol: MKR

TSX Venture Exchange

Timmins, Ontario. 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.

The Company paid finder’s fees of $40,000 and issue d 461,538 share purchase warrants in respect of the

placement. Each finder’s warrant is exercisable in to one common share of the Company for a period of

two years at a price of $0.065.

All securities issued under the placement will be s ubject to statutory hold periods expiring on April 23,

2018.

The Company will use the proceeds from the private placement to conduct further exploration on its

Canadian mineral properties.

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 Ser vices Provider (as that term is defined in the poli cies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.