Mr. Gino Roger reports

SIMON LUSSIER JOINS MIDLAND'S BOARD OF DIRECTORS

Simon Lussier has been elected as a director of Midland Exploration Inc. at the annual meeting of shareholders held on Feb. 15, 2024.

"It is a privilege to have Simon join our team. His strategic experience and in-depth knowledge of capital markets acquired while working at Sprott Securities as well as his entrepreneurial leadership in financing projects in growth companies makes him a perfect fit for our board. We are thrilled to benefit from his knowledge and skill set in the years to come," commented Gino Roger, president and chief executive officer.

About Mr. Lussier

Mr. Lussier holds a bachelor's degree in commerce and entrepreneurship from McGill University and an MBA in finance from HEC Montreal. He has more than 35 years of diverse experience in the financial industry. From 2012 until recently, he held the position of partner, vice-president and senior adviser at Van Berkom Global Asset Management (member of the executive management committee (EMC)), including more than six years as Chief Compliance Officer. From 2006 to 2012, Mr. Lussier was senior vice-president, institutional equities, at Laurentian Bank Securities (member of the EMC), where he was able to follow Midland's exploration projects since its inception. From 1994 to 2006, he was partner and director of the Montreal office of Sprott Securities.

After a fulfilling career, Mr. Lussier currently offers financial literacy to students and professionals. He joins Midland's board of directors with great enthusiasm.

About Midland Exploration Inc.

Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold and critical metals. Midland is proud to count on reputable partners such as BHP Canada Inc., Rio Tinto Exploration Canada Inc., Barrick Gold Corp., Agnico Eagle Mines Ltd., Probe Gold Inc., Wallbridge Mining Company Ltd., Electric Element Mining Corp., SOQUEM Inc., Brunswick Exploration Inc., Nunavik Mineral Exploration Fund, Cosmos Exploration Ltd. and Abcourt Mines Inc. 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 Midland's portfolio and generate shareholder value.

We seek Safe Harbor.