Meryllion Resources Corporation — Capital/Financing Update 2021

Apr 22, 2021

FORM 51-102F3

MATERIAL CHANGE REPORT

1. Name and Address of Corporation

Meryllion Resources Corporation (“ Meryllion ” or the “ Corporation

800 – 885 West Georgia Street Vancouver, British Columbia V6C 3H1

2. Date of Material Change

April 12, 2021.

3. News Release

The news release with respect to the material change referred to in this report was issued by the Corporation through Newsfile Corp. on April 12, 2021.

4. Summary of Material Change

Meryllion closes second tranche of private placement.

5. Full Description of Material Change

5.1 Full Description of Material Change

Merryllion announced that it has completed the second and final tranche of its previously announced non-brokered private placement of common shares. Pursuant to this second tranche, the Corporation issued a total of 6,904,617 common shares at a price of $0.065 per share for gross proceeds of $448,800.

The Corporation will use the proceeds of the private placement for working capital purposes.

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

5.2 Disclosure for Restructuring Transactions

Not applicable.

6. Reliance on Subsection 7.1(2) or (3) of Regulation 51-102

Not applicable.

7. Omitted Information

None.

8. Executive Officer

For further information, please contact:

Michael Kozub Corporate Secretary (514) 866-6743

9. Date of Report

April 22, 2021.

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