Midas Gold completes US$35 million financing

March 17, 2020

On March 17, 2020, Midas Gold Corp. (TSX:MAX / OTCQX:MDRPF) (“Midas Gold”) announced the completion of an offering (the “Offering”) of senior unsecured convertible notes of a wholly-owned subsidiary of Midas Gold in the aggregate principal amount of US $35 million (CA $47.6 million).

Midas Gold owns the Stibnite Gold Project, a multi-million ounce high-grade open-pit gold mining project located in Idaho, US.

Miller Thomson acted as Canadian Counsel to Midas Gold with a team comprised of Lucy Schilling, Elizabeth Holden and Peter McArthur (Capital Markets & Securities).