Midland Exploration Announces $5 Million Non-Brokered Charity Flow-Through Financing with Strategic Investment from Centerra Gold

Reuters

07-22

Midland Exploration Announces $5 Million Non-Brokered Charity Flow-Through Financing with Strategic Investment from Centerra Gold

Midland Exploration Inc. has announced a non-brokered private placement, raising a total of $5,058,750 through the sale of 10,650,000 flow-through shares at $0.475 per share. Concurrently, an additional $1,050,000 is expected from the sale of 3,181,818 common shares at $0.33 per share to institutional investors. Centerra Gold Inc. will participate as a strategic investor, acquiring a 9.9% stake in Midland. The proceeds will fund qualifying Canadian exploration expenses, with tax credits of 22.5% anticipated. The transaction is set to close around July 25, 2025, pending TSX Venture Exchange approval and an Investor Rights Agreement with Centerra.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Midland Exploration Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9498242-en) on July 22, 2025, and is solely responsible for the information contained therein.

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Midland Exploration Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9498242-en) on July 22, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2210149790.SGD","symbol_name":"Natixis Thematics Subscription Economy R/A SGD-H","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250722:nNDL3FzbZJ:1","article_id":"2553258120","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2553258120","pubTimestamp":1753183814,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Midland Exploration Announces $5 Million Non-Brokered Charity Flow-Through Financing with Strategic Investment from Centerra Gold. 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Concurrently, an additional $1,050,000 is expected from the sale of 3,181,818 common shares at $0.33 per share to institutional investors. Centerra Gold Inc. will participate as a strategic investor, acquiring a 9.9% stake in Midland. The proceeds will fund qualifying Canadian exploration expenses, with tax credits of 22.5% anticipated. The transaction is set to close around July 25, 2025, pending TSX Venture Exchange approval and an Investor Rights Agreement with Centerra.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Midland Exploration Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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