|September 01, 2016|
Meryllion Resources announces non-brokered private placement
|September 1, 2016 - Vancouver, British Columbia. Meryllion Resources Corporation ("Meryllion" or the "Company") (CSE: MYR) is pleased to announce that the Company will proceed with a non-brokered private placement of up to 11,000,000 common shares in the capital of the Company at a price of $0.015 per share for gross proceeds of up to $165,000 (the "Offering").|
Closing of the Offering is subject to approval by the Canadian Securities Exchange. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus a day from the date of issuance, all in accordance with applicable securities legislation. The net proceeds from the Offering will be used by the Company 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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