Melkior Resources Inc. announced a non-brokered private placement of 2,500,000 flow-through shares at a price of CAD 0.24 per share for gross proceeds of CAD 600,000 on December 23, 2022. The company issued 175,000 finder warrants exercisable for a period of 24 months at an exercise price of CAD 0.24 and paid finders' fees of CAD 42,000. All securities issued under the private placement, including the finder warrants, will have a hold period of four months and one day from closing.