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To: Goose94 who wrote (11804)5/5/2015 12:10:47 PM
From: Goose94Read Replies (1) | Respond to of 202691
 
Midland Exploration (MD-V) May 5, '15 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.

Affiliates of Sprott Private Wealth LP purchased $7,420,000 (10,600,000 Units) in the private placement. Societe de developpement des entreprises minieres et d'exploration II s.e.c. ("Sodemex"), the Fonds de solidarite FTQ, Sidex, the Fonds regional de solidarite FTQ Abitibi-Temiscamingue, the Societe de Developpement de la Baie-James et Desjardins Entreprises Capital regional et cooperatif also participated in the financing for a total amount of $5,890,000.

Midland will use the private placement proceeds to fund its exploration plan and for general corporate purposes.

In connection with the private placement, Midland paid finder's fees of $449,160 and issued non-transferable compensation warrants entitling the finders to acquire 552,000 common shares of Midland at a price of $0.70 per share until May 4, 2017.

The placement is subject to final acceptance by the TSX Venture Exchange.

As a result of the private placement, 53,049,052 common shares of Midland are issued and outstanding.

About Midland

Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, PGE, base metals and rare earth elements. Midland is proud to count on reputable partners such as SOQUEM INC., Teck Resources Limited, Agnico Eagle Mines Limited, Sphinx Resources Ltd, Japan Oil, Gas and Metals National Corporation and Maudore Minerals Ltd. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Management is currently reviewing other opportunities and projects to build up the Company portfolio and generate shareholder value.

This press release was prepared by Gino Roger, registered engineer and Qualified Person as defined by NI 43-101. For further information, please consult Midland's website or contact:

Gino Roger
President and Chief Executive Officer
450 420-5977
Fax: 450 420-5978
info@midlandexploration.com
www.midlandexploration.com



To: Goose94 who wrote (11804)8/23/2016 1:43:54 PM
From: Goose94Read Replies (1) | Respond to of 202691
 
Sphinx Resources (SFX-V) and Sirios Resources (SOI-V) Announce the Generation of the Chechoo-Eleonore Trend Project, Eeyou Istchee James Bay Region

Aug 23, '16 - NR

Sphinx Resources is pleased to announce the execution of a binding letter of agreement to form a 50-50% joint venture with Sirios Resources to explore 551 claims that are presently under request (the "Project") by this consortium along the northwest extension of the Cheechoo-Éléonore trend, located in the Eeyou Istchee James Bay region, Québec. A map showing the perimeter of the Project may be consulted by clicking here.

Under the terms of this joint venture agreement Sphinx and Sirios have agree to:

spend a minimum of $ 500,000 by each party over the next five years;

create a management committee to design and oversee the exploration program on the Project;

have Sirios act as operator of the Project; and

provide that if of a party's interest dilutes to 10% or less, its interest shall be converted to a 2% net smelter return royalty (the "Royalty"). At any time, the non-diluted party may purchase half of the Royalty-holder's rights to all future Royalty payments for an immediate payment of $1,000,000.

Sphinx and Sirios join their robust and complimentary technical expertise to carry out an exploration program which aims to identify gold deposits along this promising and underexplored corridor. This trend comprises Sirios' Cheechoo gold discovery (see Sirios' press releases of March 29, June 8 and August 10, 2016) and the Éléonore mine, a world-class gold operation owned by Goldcorp Inc. The Project's southeastern extremity is situated about 24 km northwest of the Éléonore mine and road access is available within 14 km of this location. On the basis of the same high degree of metamorphism and similar gold-arsenical paragenesis, Sphinx considers that the geological setting of the Project is of a similar character to the Cheechoo discovery and the Éléonore mine.

The technical information presented in this press release has been approved by Normand Champigny, President and Chief Executive Officer of Sphinx, and a Qualified Person as defined by NI 43-101. The transaction is an exempt transaction under Policy 5.3 of the TSX Venture Exchange.

About Sirios

Sirios' goal is to discover world-class gold deposits in the Eeyou Istchee James Bay region of Quebec in eastern Canada.

About Sphinx

Sphinx is engaged in the generation and acquisition of exploration projects in Québec, Canada which is recognized as an attractive mining jurisdiction worldwide.

Normand Champigny
President and Chief Executive Officer
514.979.4746
info@sphinxresources.ca
www.sphinxresources.ca