Midland Exploration completes C$5.3 million private placement at C$0.45 per unit

Pediatrix Medical Group, Inc.

Pediatrix Medical Group, Inc.

MD

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  • Midland Exploration completed a broker-free private placement totaling CAD 5.3 million, including a final tranche of CAD 3.1 million through the issuance of 6,926,123 units priced at CAD 0.45 each.
  • Each unit includes one common share, one warrant exercisable at CAD 0.65 for two years.
  • Centerra Gold bought 1,173,333 units to maintain an ownership position of about 9.9%.
  • Proceeds will fund exploration work, general corporate purposes.
  • Cash finder’s fees totaled CAD 68,280 to Red Cloud Securities, CAD 5,400 to Raymond James.


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