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Press release from Marketwire

Melior Announces Filing of AIF, Annual Financials and MD&A

Tuesday, October 16, 2012

Melior Announces Filing of AIF, Annual Financials and MD&A15:52 EDT Tuesday, October 16, 2012TORONTO, ONTARIO--(Marketwire - Oct. 16, 2012) - Melior Resources Inc. (formally Coalcorp Mining Inc.) (TSX VENTURE:MLR) ('Melior' or the 'Company') announces that it filed today its annual information form, and the audited annual financial statements, and related management discussion and analysis for the year ending June 30th, 2012 (the "Financials").A copy of the Financials and AIF are available on the SEDAR website at www.sedar.com and the Company's website at www.meliorresources.com. Forward Looking Statements Disclaimer Forward Looking Statements made in this news release may be forward-looking and therefore subject to various risks and uncertainties. Such statements can typically be identified by terminology such as "may", "will", "could", "should", "expect", "potential", "plan", "anticipate", "believe", "intend", "possible", "continue", "objective" or other similar expressions concerning matters that are not historical facts. Certain material factors or assumptions are applied in making forward-looking statements and actual results may differ materially from those expressed or implied in such statements. Melior does not undertake to update any forward-looking statements; such statements speak only as of the date made.FOR FURTHER INFORMATION PLEASE CONTACT: Thomas MasneyMelior Resources Inc.Chief Financial Officer416-644-1217info@meliorresources.comwww.meliorresources.comNeither the 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.