Source: LinkedIn
  • Midland Exploration (MD) has completed the second tranche of the non brokered private placement for gross proceeds of $184,000
  • Gross proceeds from the offering total $2,667,100
  • Midland will use the proceeds to fund exploration works on its Quebec properties
  • Midland Exploration is a mining exploration and development company
  • Midland Exploration Inc. (MD) opened trading at C$0.49 per share

Midland Exploration (MD) has completed the second tranche of the non brokered private placement.

The company issued 230,000 flow-through common shares at $0.80 per share for gross proceeds of $184,000.

Gross proceeds of the private placement total $2,667,100.

The securities issued are subject to a hold period expiring on April 22, 2022.

Midland will use the proceeds to fund exploration works on its properties located in Quebec.

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 Exploration Inc. (MD) opened trading at C$0.49 per share.

More From The Market Online

Microcap rare earths stock sees positive sampling results

Defense Metals Corp. (TSXV:DEFN) receives positive results from Ucore Rare Metals (TSXV:UCU) on its Wicheeda rare earth carbonate sample.

Pan American Energy reveals results from Big Mack project

Pan American Energy (CSE:PNRG) reveals assay results from its 2023-2024 diamond drill project at the Big Mack Lithium Project in Ontario.
Mandalay Resources - Mandalay's Björkdal gold mine in Sweden.

This profitable gold stock is on its way up

An attractive stock to consider under a gold-equity dislocation thesis is Mandalay Resources, whose mines are profitable and 100%-owned.

Adyton to recommence work at its Feni Island Project

Adyton Resources (TSXV:ADY) gears up to restart work activities at its Feni Island Gold-Copper Project in Papua New Guinea.