Melior Resources Inc. announced that it has entered into a demand promissory note with Pala Investments Limited a shareholder of Melior, to be used for the purpose of funding the completion of Meliors annual audit. The Promissory Note is for an aggregate principal amount of $105,550.00 and carries an interest rate of 5% per annum payable on maturity. Â In addition, the Promissory Note is unsecured and cannot be called in for repayment prior to March 31, 2020. Â The Company may at any time repay some or all of the Promissory Note (without restriction or prepayment charges).