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| Home : Midland Exploration Completes a $14.3 Million Private Placement |
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May 06
2015 |
Midland Exploration Completes a $14.3 Million Private Placement |
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MONTREAL, QUEBEC--(Marketwired - May 5, 2015) - Midland Exploration Inc. ("Midland") (TSX VENTURE:MD) is pleased to announce that it has completed a private placement of 20,412,569 units at a price of $0.70 per unit for total gross proceeds to Midland of $14,288,798. Each unit consisted of one common share and one warrant. Each warrant entitles the holder to purchase one common share of Midland at a price of $1.15 until May 8, 2018. The securities issued and issuable in the private placement are subject to a four-month hold period expiring on September 5, 2015. |
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| Source:http://www.marketwired.com/mw/release.do?id=2016613&sourceType=3 |
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