News: MLM Melior Announces Termination Of Arrangement Agreement With Metallica

Dec 27 (Reuters) - Melior Resources Inc MLR.V :

• MELIOR ANNOUNCES TERMINATION OF ARRANGEMENT AGREEMENT WITH METALLICA
• MELIOR RESOURCES INC - RIGHT TO TERMINATE ARRANGEMENT AGREEMENT ARISES OUT OF METALLICA'S FAILURE TO PERFORM CERTAIN COVENANTS AS REQUIRED
• MELIOR RESOURCES INC - WILL CONTINUE TO FOCUS ON RAMP UP OF PRODUCTION AT ITS GOONDICUM PROJECT.
• MELIOR RESOURCES - WILL NOW UNDERTAKE TO COMPLETE CONTINUANCE FROM BRITISH COLUMBIA TO AUSTRALIA
• MELIOR RESOURCES INC - INTENDS TO MAKE APPLICATION TO AUSTRALIAN SECURITIES EXCHANGE FOR OFFICIAL QUOTATION OF ITS SHARES ON ASX