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Midland (TSXV:MD) closes second tranche of private placement

Mining
TSXV:MD
22 December 2021 08:45 (EDT)

Source: LinkedIn

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.

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