File: Attachment MGC NR March 2025 PP .pdf

March 25, 2025 NEWS RELEASE

Midasco Announces Non-Brokered Private Placement

Vancouver, B.C. The Company (Midasco Capital Corp. TSX-V Symbol MGC.H) wishes to announce that it intends to issue up to a maximum of 7,000,000 units (the "Units") at the price of $0.05 per Unit for gross proceeds of up to $350,000, subject to regulatory approval. Each Unit will be sold on a non-brokered private placement basis and will be offered pursuant to exemptions from registration and prospectus requirements of applicable securities legislation. Each Unit will consist of one common share of the Company and one share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to purchase one common share of the Company at an exercise price of $0.075 per share for a period 12 months from the date of closing. It is anticipated that certain insiders of the Company will participate in the offering. All securities issued pursuant to the private placement will be subject to a four-month hold period from the date of closing. In addition, the securities will be subject to a contractual restriction on transfer for a period of 12 months from the date of closing, with 1/12th of the securities being released to subscribers on each one-month anniversary of the closing date, subject to acceleration at the sole discretion of the Company. The private placement is subject to the acceptance of the TSX Venture Exchange.

Net proceeds from this offering will be used to identify and evaluate new business opportunities in the mineral resource sector and for general working capital. It is not anticipated that the Company will pay any finder's fees in connection with the above financing.

It is currently expected that one or more directors and/or officers of the Company will participate in the private placement, acquiring Units on the same basis as other subscribers. Consequently, the private placement will constitute a "related party transaction" as such term is defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company intends to rely on exemptions from the formal valuation and minority shareholder approval requirements set forth in MI 61-101.

The securities offered have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as "forward- looking statements". Forward looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements. Any forward-

c/o 12216 Boundary Drive North, Surrey, B.C. V3X 1Z5 Phone: (604) 503-09861 Email:wcpettigrew@gmail.com Midasco News Release March 25, 2025......Page 2 looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, except in accordance with the applicable laws. Contact: William Pettigrew, Chief Executive Officer Ph: (604) 313-8585

Neither the TSX Venture Exchange nor its Regulatory Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

1400-6016-7444, v. 1

File: '\\swfile\EmailIn\20250325 134221 Attachment MGC NR March 2025 PP .doc'

Midasco News Release March 25, 2025......Page 2

1400-6016-7444, v. 1

c/o 12216 Boundary Drive North, Surrey, B.C. V3X 1Z5

Phone: (604) 503-09861 Email:wcpettigrew@gmail.com

March 25, 2025 NEWS RELEASE

Midasco Announces Non-Brokered Private Placement

Vancouver, B.C. - The Company (Midasco Capital Corp. - TSX-V Symbol MGC.H) wishes to announce that it intends to issue up to a maximum of 7,000,000 units (the "Units") at the price of $0.05 per Unit for gross proceeds of up to $350,000, subject to regulatory approval. Each Unit will be sold on a non-brokered private placement basis and will be offered pursuant to exemptions from registration and prospectus requirements of applicable securities legislation. Each Unit will consist of one common share of the Company and one share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to purchase one common share of the Company at an exercise price of $0.075 per share for a period 12 months from the date of closing. It is anticipated that certain insiders of the Company will participate in the offering. All securities issued pursuant to the private placement will be subject to a four-month hold period from the date of closing. In addition, the securities will be subject to a contractual restriction on transfer for a period of 12 months from the date of closing, with 1/12th of the securities being released to subscribers on each one-month anniversary of the closing date, subject to acceleration at the sole discretion of the Company. The private placement is subject to the acceptance of the TSX Venture Exchange.

Net proceeds from this offering will be used to identify and evaluate new business opportunities in the mineral resource sector and for general working capital. It is not anticipated that the Company will pay any finder's fees in connection with the above financing.

It is currently expected that one or more directors and/or officers of the Company will participate in the private placement, acquiring Units on the same basis as other subscribers. Consequently, the private placement will constitute a "related party transaction" as such term is defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company intends to rely on exemptions from the formal valuation and minority shareholder approval requirements set forth in MI 61-101.

The securities offered have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as "forward-looking statements". Forward looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements. Any forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, except in accordance with the applicable laws.

Contact:

William Pettigrew, Chief Executive Officer

Ph: (604) 313-8585

Neither the TSX Venture Exchange nor its Regulatory Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES