Midas Gold Corp. files Final Base Shelf Prospectus

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[{"type":"text","content":" *** Not for distribution to United States newswire services or for dissemination in the United States*** VANCOUVER, British Columbia, April 04, 2019 (GLOBE NEWSWIRE) -- Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) (“Midas Gold” or the “Company”) today announced that it has now filed a final short form base shelf prospectus (the \"Shelf Prospectus\") with the securities commissions in each of the provinces of Canada, except Quebec.  This follows the completion of a regulatory review of the preliminary base shelf prospectus, the filing of which was reported on March 12, 2019. The Shelf Prospectus will allow Midas Gold to offer and issue up to C$200 million of common shares, warrants, subscription receipts, units, debt securities, or any combination of such securities (collectively, the \"Securities\") during the next 25-months. The Securities may be offered separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of sale, which would be set forth in a subsequently filed prospectus supplement. The Company filed the Shelf Prospectus to provide future financial flexibility as it advances its flagship Stibnite Gold Project but has not determined whether or not to undertake an offering of Securities.  As reported in its audited financial statements dated December 31, 2018, Midas Gold had cash on hand of US$29.9 million at year end. Filing of Amended Technical Report In connection with the Shelf Prospectus filings, the Company has filed an amended technical report entitled “Stibnite Gold Project, Prefeasibility Study Technical Report, Valley County, Idaho” dated effective December 8, 2014 and amended March 28, 2019 (the “PFS”). Amendments to the PFS include changes to: (i) clarify that the mineral resource estimate is consistent with the CIM Definition Standards adopted by the CIM Council on May 10, 2014 (with no resulting changes to the mineral resource estimate in the PFS); and (ii) remove the comparison of the 2012 preliminary economic assessment.  Similar changes have been made to the investor presentation available on the Company's website. These documents are available under the Company's profile on the SEDAR website (www.sedar.com). The Securities have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the U...

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