MIDLAND EXPLORATION INC.

Midland Exploration completed a non-brokered private placement of approximately $3.04 million. It issued 4,972,876 flow-through shares at US$0.56 and 550,000 common shares at US$0.46; the securities are subject to a hold period until April 10, 2026. Centerra Gold exercised its subscription right and acquired 550,000 common shares, and company insiders purchased 443,500 flow-through shares. The proceeds will be used for exploration in Quebec and for general corporate purposes; following the transaction there are 112,973,453 common shares outstanding. The placement was made under prospectus exemption rules and is subject to final approval by the TSX Venture Exchange. » Más en de.investing.com

Midland Exploration has completed private placements with gross proceeds of $6.1 million, with Centerra Gold acquiring a 9.9% stake as a new strategic investor. The funds will be used to finance Canadian exploration projects, particularly in Abitibi, James Bay, and northern Québec. The company demonstrates strong financial health and plans to use the funds for eligible exploration expenses through the end of 2026. » Más en de.investing.com