Meliadine Gold Ltd. announced that it has entered into an agreement for the private placement of 1,500,000 units at a price of CAD 0.10 per unit for the gross proceeds of CAD 150,000 on January 6, 2021. Each unit is comprised of one common share and one half warrant exercisable at CAD 0.10 per share for a period of one year from closing subject to acceleration in the event that MGL receives a land use permit. The transaction will include participation from International Consolidated Uranium Inc.