Midland Exploration Grants Options to Employees and Directors
Midland Exploration Inc. has granted 620,000 stock options to employees, directors, and consultants. The options allow for the purchase of shares at $0.72 each.
Montreal, Canada – February 14, 2020 – Midland Exploration Inc. announced today that it has granted a total of 620,000 incentive stock options to its employees, directors, officers, and consultants. These options are exercisable at a price of $0.72 per share and have a 10-year term.
The grant of options is in accordance with Midland's Stock Option Plan. The company focuses on exploring Quebec's mineral potential for deposits of gold, platinum group elements, and base metals. Midland has established partnerships with prominent entities such as BHP Billiton Canada Inc., Agnico Eagle Mines Limited, and Osisko Mining Inc.
Midland aims to finalize additional agreements for newly acquired properties and continues to review new opportunities to bolster its portfolio and generate shareholder value. The management team is actively assessing potential projects.
Midland Exploration Inc. is listed on the TSX Venture Exchange under the symbol MD and is dedicated to discovering significant mineral deposits in Quebec, Canada.