TORONTO, Feb. 22, 2018 -- Melior Resources Inc. today announced it has, through its subsidiary Goondicum Resources Pty Ltd, engaged the Commonwealth Scientific Institute and Research Organisation to assist in advancing Melior’s innovative Browne processing technology. The Browne processing technology incorporates a niche area of physics with [...]
Melior Resources Inc. is pleased to announce that it has completed the second and final tranche of its private placement first announced on January 25, 2018 . Melior closed the first tranche of the Private Placement on January 25, 2018 with a total of 13,287,500 units issued, raising gross proceeds of $1,063,000. For further details, please see the [...]
Melior Resources Inc. is pleased to announce several Goondicum re-start financing milestones and provide an update on previously announced debt financing efforts: Closing of the first tranche of its previously announced non-brokered private placement, raising gross proceeds of $1,063,000; Signing of a letter of intent for a US$5 million loan and [...]
Melior Resources Inc. is pleased to announce that Mr. Martyn Buttenshaw, Chairman, and Mr. Mark McCauley, Chief Executive Officer, have today exercised options to purchase in total 2,083,334 common shares in the capital of the Company at an exercise price of $0.06 per Common Share at a total cost of $125,000 . An application will also be made for [...]
Melior Resources Inc. is pleased to announce that it submitted a Price Reservation Form with the TSX-Venture Exchange on December 6, 2017. This Price Reservation Form reserved an offering price of $0.08, representing a 25% discount to the Market Price of Melior's common shares on market close December 5, 2017. In connection therewith, Melior today [...]
Melior Resources Inc. today announced changes to its board of directors including the Company's Chairman, Mr Charles Entrekin, retiring with effect from the AGM being held on December 13th 2017, and being replaced as Chairman by Mr Martyn Buttenshaw. Mr Buttenshaw has been a director of Melior for the past 3 years and is a Managing Director at Pala [...]
Melior Resources Inc. today announced that its wholly-owned subsidiary, Goondicum Resources Pty Limited, has signed an off-take agreement to supply apatite fertilizer to SOFT Agriculture Pty Limited , an organic agri-products manufacturer based in Australia. "We are extremely pleased to have entered into a long-term off-take agreement with SOFT [...]
Melior Resources Inc. is pleased to announce that it intends to restart operations at its Goondicum ilmenite mine and has an agreement in principle with Pala Investments Limited for the provision of a US$5.25 million loan facility on the following terms and conditions: Amount: US$5.25 million . Arrangement Fee and Issuer Discount: 2% + 7.5 [...]
TORONTO, ONTARIO--(Marketwired - Aug 8, 2017) - Melior Resources Inc. (TSX VENTURE:MLR) ("Melior" or the "Company") is pleased to announce that it has appointed Logan Francis as Chief Operating Officer to oversee the final preparations for restarting the Company's flagship Goondicum ilmenite project as well as assume responsibility for the [...]
TORONTO, ONTARIO--(Marketwired - Jul 12, 2017) - Melior Resources Inc. (TSX VENTURE:MLR) ("Melior" or the "Company") is pleased to announce that it has entered into an amendment to its loan agreement (the "Amended Loan Agreement") with Pala Investments Limited ("Pala") after receiving final acceptance from the TSX Venture Exchange and approval from [...]
TORONTO, ONTARIO--(Marketwired - Jun 27, 2017) - Melior Resources Inc. (TSX VENTURE:MLR) ("Melior" or the "Company") today provided an update on the progress of its stated plan of re-starting operations at its Goondicum ilmenite mine. The progress is supported by strong industry fundamentals and favorable outlook for ilmenite prices. The Company is [...]
TORONTO, ONTARIO--(Marketwired - Feb. 14, 2017) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA Melior Resources Inc. (TSX VENTURE:MLR) ("Melior" or the "Company"), today announced that it is looking to prepare for the restart of production at its Goondicum ilmenite mine in response to favorable [...]