This News Release is Intended FOR Distribution IN Canada Only and is Not

MELKIOR RESOURCES INC.

66 Brousseau Ave., Suite 207

Timmins, Ontario P4N 5Y2

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT

FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED

STATES NEWSWIRE SERVICES

38663682.1

MELKIOR RESOURCES CLOSES $250,000 FLOW-THROUGH PRIVATE PLACEMENT

April 10, 2019, Timmins, ON – Melkior Resources Inc. (the “Company” or “Melkior”) (TSXV -

“MKR”) is pleased to announce that it has closed a non-brokered flow-through private

placement (the “Private Placement”) for gross proceeds of C$250,000, subject to final TSX

Venture Exchange (the “TSXV”) approval.

The Private Placement will be flow-through common shares issued at a price of $0.06 per

common share, with each such share issued as a “Flow-Through Share” within the meaning of

the Income Tax Act (Canada).

Proceeds of the Private Placement will be used to conduct further exploration on the Company’s

Canadian mineral properties. The Company issued 291,667 finders’ warrants exercisable for a

period of 24 months at an exercise price of $0.11 and paid finders’ fees of $17,500 in respect of

the Private Placement as permitted by the TSXV, and applicable securities laws.

All securities issued under the Private Placement will have hold period of four months and a day

from closing.

On behalf of the Board of Directors

“Keith James Deluce”

Keith James Deluce, CEO

For further 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 the 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.