Midland Exploration Announces the Grant of Options
February 25 2022 - 4:30PM
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 730,000 common shares at $0.54
per share, for a period of 10 years. These incentive stock options
have been granted in accordance with Midland’s Stock Option Plan.
Midland is also pleased to announce that it
has retained Renmark Financial Communications Inc. ("Renmark") to
provide investor relations services in accordance with TSX Venture
Exchange ("TSXV") policies. In consideration of the services
provided, Midland will pay Renmark a monthly cash fee
of $6,000, commencing March 1, 2022. The services
will have a minimum term of six months and continuing monthly
thereafter, unless terminated on 30-day written notice.
About Midland
Midland targets the excellent mineral potential
of Quebec to make the discovery of new world-class deposits of
gold, platinum group elements and base metals. Midland is proud to
count on reputable partners such as BHP Canada Inc., Rio Tinto
Exploration Canada Inc., Probe Metals Inc., Wallbridge Mining
Company Ltd, Agnico Eagle Mines Limited, Osisko Development 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 Corporation 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.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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