MKR Melkior Resources Inc

Melkior Resources Inc. ("Melkior") (TSX VENTURE:MKR) is pleased to announce a
non-brokered private placement of up to 12,000,000 combined unit A and Unit B
for maximum gross proceeds ("Gross Proceeds") of $600,000 CAD, subject to the
Corporation's right to increase the Offering at its sole discretion. 


Each unit A is comprised of one flow through common share and of one non flow
through common share purchase warrant. Each whole warrant entitles the holder to
purchase a common share at a price of $0.10 CAD per share for a period of 24
months following the Closing. 


Each unit B is comprised of one common share and of one common share purchase
warrant. Each whole warrant entitles the holder to purchase a common share at a
price of $0.05 CAD per share for a period of 24 months following the Closing.


In connection with the Offering, Melkior may pay a finders' fee of up to 7% of
Gross Proceeds payable in cash and 10% in warrants. Each whole warrant entitles
the holder to purchase a common share at a price of $0.05 CAD per share for a
period of 24 months following the Closing.


In accordance with securities legislation currently in effect in Canada, the
Shares, the Warrants and the Warrant Shares will be subject to a "hold period"
of four months plus one day from the date of closing of the private placement


Melkior is also pleased to announce that it has completed the closing of its
previously announced private placement for aggregate proceeds of $170,000
consisting of the issuance of 3,400,000 units at a price of $0.05 per unit. Each
unit is comprised of one common share and one common share purchase warrant.
Each full warrant entitles its holder to purchase one additional common share at
a price of $0.05 for a period of 24 months following the closing. The securities
issued under the private placement are subject to a four (4) month hold period
ending February 8, 2014.


In conjunction with the private placement, insiders of Melkior have subscribed
for aggregate proceeds of $105,000.


Melkior paid cash commissions totalling $700 and issued 120,000 broker warrants
in relation to this private placement. The broker warrants have the same terms
as the unit warrants.


The proceeds of both placements will be for definition drilling for a near
surface 43-101 calculation and deep exploration drilling on Melkior's 100% owned
Carscallen gold property in Timmins Ontario.


In other news

Under the new Ontario Mining Act, mineral exploration companies are required to
undertake consultation with the First Nation that have traditional rights and
treaty rights on the lands being explored. Melkior signed the MOU referred to in
the news release dated October 4, 2013 indicating a recognition and respect for
these rights as part of the consultation process. The 200,000 share payment was
agreed to in recognition of the importance of the assistance provided in this
process.


About Melkior:

Melkior is a junior exploration company with active exploration projects in West
Timmins and holds several other exploration properties of which the most
important is the 100% owned Launay gold property in West Quebec. Melkior also
holds two important claim groups in the Beardmore Long-Lac gold camps.


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 Hansen
President
613.721.2919
613.680.1091 (FAX)
info@melkior.com


Melkior Resources Inc.
Sabino Di Paola
CFO
613.293.9219
613.680.1091 (FAX)
sabino.dipaola@accmadeeasy.ca
www.melkior.com

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