Mr. Gino Roger reports
MIDLAND ANNOUNCES EXERCISE OF WARRANTS FOR $1,750,300
Midland Exploration Inc. has exercised warrants of Midland, for an aggregate amount of $1,750,300, at a price of $1.15 per share. Such warrants were issued pursuant to a private placement closed in May, 2015.
Midland will use the proceeds to finance exploration works on properties located in Quebec.
About Midland Exploration Inc.
Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum group elements and base metals. Midland is proud to count on reputable partners such as Agnico Eagle Mines Ltd, Iamgold Corp., Osisko Mining Inc., Altius Resources Inc., Soquem Inc., Teck Resources Ltd., Niobay Metals Inc. and Abcourt Mines. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the company's portfolio and generate shareholder value.
We seek Safe Harbor.
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