|September 02, 2016|
Meryllion Resources announces closing of private placement
|September 2, 2016 - Vancouver, British Columbia. Meryllion Resources Corporation ("Meryllion" or the "Company") (CSE: MYR) announces that further to its news release dated September 1, 2016, the Company has now completed a non-brokered private placement. The Company has issued a total of 11,000,000 common shares in the capital of the Company at a price of $0.015 per share for a gross proceeds of $165,000 (the "Offering"). |
All securities issued under the Offering are subject to a statutory hold period expiring on January 3, 2017 in accordance with applicable Canadian securities laws. The proceeds from the private placement will be used for general working capital.
Meryllion is a natural resource company engaged in the acquisition and exploration of resource properties in South America.
ON BEHALF OF THE BOARD
Neither the CSNX nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this press release.
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