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Melior Announces Filing of AIF, Annual Financials and MD&A Toronto, Ontario

Financials

NEWS RELEASE

MELIOR ANNOUNCES FILING OF AIF, ANNUAL FINANCIALS AND MD&A

TORONTO, Ontario, October 28th, 2011 – Melior Resources Inc. (formally Coalcorp Mining Inc.) (TSXV-MLR) (‘Melior’ or the ‘Company’) announces that it has today filed its annual information form, and the audited annual financial statements and related management discussion and analysis for the year ending June 30th, 2011 (the “Financials”).

A copy of the AIF and Financials are available on the SEDAR website at www.sedar.com and on the Company’s website at www.meliorresources.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.

FOR FURTHER INFORMATION:

Steven Cresswell Chief Financial Officer 416-644-1217 [email protected]