TORONTO, April 19, 2018 (GLOBE NEWSWIRE) — Melior Resources Inc. (TSX-V:MLR) (“Melior” or the “Company”) is pleased to announce the restart of the Goondicum Mine following the closing of its US$5.0M loan agreement with Hainan Wensheng High Tech Materials Co. Ltd. and its subsequent receipt of the first US$2.5M drawdown pursuant thereof, in addition to the closing of the previously announced US$7.25M debt facility with Pala Investments Limited.