Midland Exploration raises C$2.21 million in first tranche of private placement

• Midland Exploration completed first tranche of brokerless private placement, raising gross proceeds of CAD 2.21 million from 4,903,333 units priced at CAD 0.45.
• Each unit includes one common share, one warrant exercisable at CAD 0.65 for two years.
• Rick Rule, MJG Capital Fund, LP, Metallum Capital participated; cash finder’s fee of USD 20,000 paid to Sprott Global Resource Investments.
• Proceeds earmarked for exploration spending, general corporate purposes.
• Second tranche expected by end of May 2026; total offering size could reach CAD 4 million.

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 on May 12, 2026, and is solely responsible for the information contained therein.