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Midland Completes $2.6M Private Placement for Exploration in Quebec

Dec 03, 2024over 1 year ago

Contract Type

partnership

MiningMineral

Description

Midland Exploration Inc. is pleased to announce the completion of a non-brokered private placement, raising a total of $2,649,200. The company plans to use the proceeds to fund exploration works on its properties located in Quebec and for general corporate purposes.

Company Information

Company

Midland Exploration

About

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., Wallbridge Mining Company Ltd, Probe Gold Inc., Agnico Eagle Mines Limited, Osisko Development Corp., SOQUEM Inc., Brunswick Exploration Inc., Nunavik Mineral Exploration Fund, Cosmos Exploration Limited 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. Gino Roger, President and Chief Executive OfficerTel: 450 420-5977Fax: 450 420-5978E-mail: info@midlandexploration.comWebsite: www.midlandexploration.com Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland's periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.

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Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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