MKR Melkior Resources Inc

Melkior Resources Inc. ("Melkior") (TSX VENTURE:MKR) is pleased to announce
that, subject to regulatory approval, it has agreed to extend and reprice for
one year the term of the following previously issued share purchase warrants:




Number             Revised                                                  
of       Exercise Exercise               Expiry date prior    Revised Expiry
warrants    price    Prise    Issue Date       to revision              Date
----------------------------------------------------------------------------
602,000      0.30     0.10 June 29, 2012 December 28, 2013 December 28, 2014
----------------------------------------------------------------------------



In accordance with the policies of the TSX Venture Exchange, if the Company's
common shares trade at a closing price of $0.1333 or higher for ten consecutive
trading days, the exercise period of the Warrants will be shortened to a period
of 30 days commencing one week after the final such trading day. According to
policies of the TSX Venture Exchange, the Company has voluntarily cancelled
18,000 warrants held by insiders to allow the extension and re pricing of the
above warrants.


Melkior has significantly advanced its exploration projects during the past year
thanks to the investors in 2012 and is of the opinion that an extension of these
warrants is justified.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Melkior Resources Inc.
Jens E. Hansen
President
(613) 721-2919
(613) 680-1091 (FAX)
www.melkior.com

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