Business
Midlands Minerals Announces Granting of Options
Midlands Minerals Announces Granting of Options
About this update from King Global Ventures Inc.
[{"type":"text","content":"\nMidlands Minerals Announces Granting of Options\n\n\n Feb. 3, 2009 (Baystreet.ca) -- TORONTO, ONTARIO -- Midlands Minerals Corporation (TSX VENTURE:MEX)(\"Midlands\" or the \"Company\") announces granting of options in accordance with the TSX Venture Exchange policies and consistent with the Company's Stock Option Plan as approved by the shareholders of the Company on June 25, 2008.\n\n\n1,280,290 options, valid for a period of sixty (60) months, with an expiry date of February 2 2014, have been granted to consultants, employees and directors of the Company. The options are exercisable at the price of $0.40 per share.\n\n\nABOUT MIDLANDS MINERALS\nMidlands is a growth oriented and value based gold exploration company operating in Ghana and Tanzania, two stable countries with a history of gold mining. Midland's top priority project is the fully permitted Sian gold project in Ghana. The Sian property contains Esaase and Ampeha, two previously producing open pit mines with a resource with exceptional growth potential. Midlands' contiguous Kwahu Praso project, which was once part of Sian, contains extensions of the Esaase and Ampeha trends. Sian and Praso are just 30 kilometers northeast of Newmont Mining's +8.7 million Akyem gold deposit.\nThe Company has a highly qualified management and technical team with extensive experience in the countries in which the Company operates. For more information on the Company, please visit Midlands' Web Site at www.midlandsminerals.com.\n\n\nOn behalf of the Board\nKim Harris, President and Chief Executive Officer\nMidlands Minerals is one of 40 companies covered in the Haywood Securities Junior Exploration Index. The Haywood Junior Explorer Index (\"HJEI\") tracks the performance of the group of junior exploration companies relative to the market. The HJEI is a bi- monthly publication by Haywood Securities Inc. Midlands Minerals Corporation has also received coverage from e-Research and Objective Capital Limited (UK).\n\n\nCertain statements contained in this news release constitute forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from actual results and achievements expressed or implied by such f...