Meryllion Resources Corp. announced that it has received CAD 0.320465 million in funding
and 2,341,625 warrants and now holds, or exercises control or direction over, 9,067,932 common shares and 2,341,625 warrants. Following the Private Placement, Steinepreis common share ownership in the company increased from approximately 22.50% to 23.93%. In the event that Steinepreis was to exercise all of his Warrants, his common share ownership of the company would increase to approximately 28.35%, on a partially-diluted basis. Immediately prior to the Private Placement, Jeremy Edelman had ownership of, or exercised control or direction over, 3,538,976 common shares and no warrants. Pursuant to the Private Placement, Edelman acquired 1,250,000 common shares and 1,250,000 warrants and now holds or exercises control or direction over, 4,788,976 common shares and 1,250,000 warrants. Following the Private Placement, Edelman?s common share ownership in the company increased from approximately 11.84% to 12.64%. In the event that Edelman was
to exercise all of his warrants, his common share ownership of the company would increase to approximately 15.42%, on a partially-diluted basis.