Mr. Richard Revelins reports

MERYLLION RESOURCES MAKES OPTION EXERCISE PAYMENT

Meryllion Resources Corp., further to its press release of Jan. 15, 2024, has made the option exercise payment in respect of the rare earth exploration leases held by Tasmania Strategic Green Metals Pty. Ltd. (TSGM) and Westbury Resources Pty. Ltd. (Westbury) in Tasmania. The payment was made by way of issuance of an aggregate of 4,186,046 common shares to TSGM and Westbury at a deemed issue price of 4.3 cents per share for total consideration of $180,000 ($200,000 (Australian)).

All shares issued are subject to a hold period equal to four months and one day from the date of issuance.

We seek Safe Harbor.