Midland Exploration Announces the Grant of Options
13 Fevereiro 2025 - 7:00PM
Midland Exploration Inc. (“
Midland”)
(
TSX-V: MD) announces that it has granted
incentive stock options to employees, directors and officers of
Midland to acquire an aggregate of 800,000 common shares at $0.33
per share, for a period of 10 years. These incentive stock options
have been granted in accordance with Midland’s stock option plan
(the “Plan”). Considering the present grant, there is 7,060,000
stock options outstanding.
Amendment to Plan
On December 5, 2024, the Corporation amended its
Plan to increase from 8,200,000 to 9,300,000 the number of shares
issuable under the Plan, and this amendment is subject to the
approval of the Exchange. The Plan is a stock option plan under
which the number of listed shares that are issuable pursuant to the
exercise of stock options is a fixed number of issued shares, up to
a maximum of 10 % of the issued shares of Midland as at the
date of the Plan amendment.
About Midland
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 Corporation, Wallbridge Mining Company Ltd,
Probe Gold Inc., Agnico Eagle Mines Limited, Electric Elements
Mining Corp., SOQUEM INC., Nunavik Mineral Exploration Fund, 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 the Company portfolio and
generate shareholder value.
For further information, please consult
Midland’s website or contact:
Gino Roger, President and Chief Executive OfficerTel: 450
420-5977Fax: 450 420-5978E-mail:
info@midlandexploration.com Website:
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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