Mr. William Pettigrew reports

MIDASCO CAPITAL CORP. RECEIVES CONDITIONAL ACCEPTANCE FOR ACQUISITION OF TUNGSTEN AND CRITICAL METALS PROJECT FROM RIDGELINE MINERALS AND ANNOUNCES NEW DIRECTOR

The TSX Venture Exchange has provided conditional acceptance for Midasco Capital Corp.'s previously announced arm's-length acquisition of the shares in Spartan Exploration Nevada Corp., a wholly owned subsidiary of Ridgeline Minerals Corp., and the company's concurrent reactivation of its listing to become a Tier 2 mining issuer on the TSX-V.

Concurrently with the closing of the proposed transaction, it is anticipated that Midasco will change its name to Spartan Metals Corp. and change its ticker symbol to W. The proposed transaction is expected to close in July, 2025. The proposed transaction, reactivation, and name and ticker change remain subject to final exchange acceptance.

The company is also pleased to announce its intention to appoint Kosta Tsoutsis to its board of directors. Mr. Tsoutsis brings over 20 years of finance and capital market experience. Mr. Tsoutsis is the chief executive officer and a director of M3 Metals Corp., a lithium exploration and development company with assets in Nevada and California, and formerly worked as an investment adviser at Mackie Research, Jordan Capital Markets and Canaccord Capital Corp. Mr. Tsoutsis's appointment is subject to exchange acceptance.

We seek Safe Harbor.