Midas Gold today announced that it has closed the second and final tranche of its previously announced non-brokered private placement financing of units at a price of C$0.90 per Unit. Midas Gold issued a total of 990,000 additional Units under the Second Tranche, generating additional gross proceeds of approximately C$0.9 million. Each Unit is comprised of one common share in the capital of the Company (a "Share") and [...]
Midas today announced that it has closed the first tranche of its previously announced non-brokered private placement financing of units at a price of C$0.90 per Unit. The aggregate amount of the Financing was increased to C$12.8 million from the initially announced amount of C$10.0 million, partially as a result of Teck Resources Limited electing to exercise its right to participate in the Financing.
Midas today announced that it has arranged a private placement financing with a limited group of strategic investors for gross proceeds of approximately C$10 million. The Financing will consist of the sale of approximately 11.1 million units of Midas Gold at a price of C$0.90 per unit. Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant of the Company [...]
MCCALL, IDAHO--(Marketwired - Feb 7, 2014) - With the commencement of the Sochi 2014 Olympic Winter Games, Midas Gold Corp. (TSX:MAX)(OTCQX:MDRPF) is pleased to announce its sponsorship of downhill skier and Idaho native, Erik Fisher. "We are proud supporters of Erik and the US Olympic team in their quest for gold at Sochi," said Anne Labelle, a vice president of Midas Gold. "At Midas we believe it is important to [...]
Vista enters into a Lock-up Agreement for its remaining Midas Gold Shares VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 6, 2014) - Midas Gold Corp. (TSX:MAX)(OTCQX:MDRPF) reports that it has been notified by Vista Gold Corp. ("Vista") that Vista has entered into an agreement to sell 16.0 million shares of Midas Gold Corp. ("Midas Gold") held by Vista and/or its subsidiaries to certain arm's-length parties at a fixed [...]
MGI-13-386 intersects 82.8m at 3.35g/t Au and 17.1g/t Ag, or 3.65g/t AuEq(1) MGI-13-392 intersects 92.2m at 2.56g/t Au, 5.2g/t Ag and 0.30% Sb, or 3.36g/t AuEq(1) MGI-13-399 intersects 94.0m at 2.33g/t Au, 8.3g/t Ag and 0.70% Sb, or 4.13g/t AuEq(1) VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 27, 2014) - Midas Gold Corp. (TSX:MAX)(OTCQX:MDRPF) today reported results from the final 24 holes completed during its 2013 [...]
Results include intercepts of 3.1 g/t Gold over 101m and 2.9 g/t Gold over 82m at Yellow Pine Plus 2.8 g/t Gold over 42m at West End VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 3, 2013) - Midas Gold Corp. (TSX:MAX)(OTCQX:MDRPF) today reported that it has recently completed approximately 7,000m of in-fill and resource definition core drilling at its Golden Meadows Project in the Stibnite-Yellow Pine Mining District [...]
Results include intercepts of 3.6g/t Au over 96m, 6.4g/t Au over 78m & 3.3g/t over 109m VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 30, 2013) - Midas Gold Corp. (TSX:MAX)(OTCQX:MDRPF) today reported results from its in-fill and resource conversion drilling program ongoing at its Golden Meadows Project in the Stibnite-Yellow Pine Mining District, Valley County, Idaho. Two drill rigs are currently drilling on site [...]
Reprocessing of Tailings May Provide Opportunity for Environmental Remediation and Economic Benefits VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 28, 2013) - Midas Gold Corp. (TSX:MAX)(OTCQX:MDRPF) today reported results of an independent mineral resource estimate for a significant portion of the historic tailings located on its Golden Meadows Project in the Stibnite-Yellow Pine Mining District, Valley County, Idaho [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 18, 2013) - Midas Gold Corp. (TSX:MAX) (OTCQX:MDRPF) today announced that its shares are now quoted on OTCQX International, a segment of the OTCQX marketplace in the U.S., which should provide for greater access to the U.S. capital markets and an additional trading platform for shareholders. Midas Gold initiated its quotation today on OTCQX International under the ticker [...]
Reprocessing of Tailings could result in Potential Environmental and Financial Benefits VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 7, 2013) - Midas Gold Corp. (TSX:MAX) today reported assay results from a 45-hole, 1,106m hollow stem auger and sonic drilling program designed to explore the potential for the reprocessing of historic tailings located on its Golden Meadows Project at Stibnite in Valley County, Idaho [...]
MGI-13-361 intercepts 100.6m grading 3.1 g/t Au, 7.2 g/t Ag and 0.55% Sb Including 36.4m at 4.2 g/t Au, 13 g/t Ag and 1.24% Sb and 16.3m at 5.2 g/t Au, 2 g/t Ag and 0.20% Sb VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 1, 2013) - Midas Gold Corp. (TSX:MAX) announced results today from three holes, completed within the Hangar Flats Deposit, from its ongoing resource definition drill program at its Golden Meadows [...]