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Melkior Resources Announces Revocation of Cease Trade Order

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Melkior Resources Announces Revocation of Cease Trade Order

Executive Summary

Melkior Resources Inc. successfully resolved a regulatory compliance issue that had temporarily halted trading of its shares. The British Columbia Securities Commission issued a cease trade order on January 6, 2026, due to the company's failure to file its audited financial statements, management discussion and analysis, and related certifications for the fiscal year ended August 31, 2025. The company quickly remedied the situation by filing the required documents on January 7, 2026, leading to the revocation of the cease trade order the following day.

While the cease trade order has been lifted, Melkior's shares remain suspended from trading on the TSX Venture Exchange pending completion of the exchange's reinstatement review process. The company has indicated it is working expeditiously to conclude this review and restore normal trading operations as soon as possible.

Melkior operates as an exploration-stage resource company with a portfolio of gold-focused mineral properties located in the prolific Abitibi Greenstone Belt across Quebec and Ontario. The company's flagship assets include the Carscallen Project, Beschefer East Project, Genex Project, and Val-d'Or Project, all strategically positioned in one of Canada's most established mining regions known for hosting significant gold and base metal deposits.

This regulatory hiccup, while resolved, highlights the importance of timely financial reporting compliance for publicly traded exploration companies. The swift resolution demonstrates management's commitment to maintaining good standing with regulators, though investors will be watching for the resumption of trading and any potential impact on the company's exploration activities and funding capabilities.
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Press Release

January 9, 2026 – TheNewswire – Melkior Resources Inc. (TSX-V: MKR) (“Melkior” or the “Company”) announces that it had received a cease trade order from the British Columbia Securities Commission (“BCSC”) on January 6, 2026 for its delay in filing its audited financial statements, MD&A and related certifications for its financial year ended August 31, 2025 (the “FYE Filings”). The Company made its FYE Filings on January 7, 2026 and on January 8, 2026, the BCSC revoked the cease trade order.

Trading of the Company’s shares on the TSX Venture Exchange (“TSXV”) is pending completion of the TSXV’s reinstatement review process. The Company is working expeditiously to conclude this review as soon as possible.

About Melkior Resources

Melkior Resources Inc. is an exploration-stage resource company operating in world-class mining jurisdictions across Quebec and Ontario. The company is dedicated to advancing a portfolio of high-potential mineral properties with a primary focus on gold exploration.

Melkior’s flagship projects include the Carscallen Project, the Beschefer East Project, the Genex Project and the Val-d’Or Project. These projects are strategically located in the Abitibi Greenstone Belt, known for hosting significant gold and base metal deposits.

ON BEHALF OF THE BOARD Keith James Deluce, Director

For more information, please contact: Melkior Resources Inc. E-mail: info@melkior.com Tel: 226-271-5170

The reader is invited to visit Melkior’s website www.melkior.com.

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.

Cautionary Note Regarding Forward-Looking Statements:

This news release contains certain statements that may be deemed “forward-looking statements” with respect to the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “plans”, “believes”, “estimates”, “potential”, “indicates”, and similar expressions, or that events or conditions “will”, “may”, “could” or “should” occur. Although Melkior believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. In this news release, such material risks and uncertainties include, but are not limited to: the timing of the TSXV reinstatement of trading. Forward-looking statements are based on the reasonable beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

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