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Midasco Capital Corp. Receives Conditional Acceptance for Acquisition of Tungsten and Critical Metals Project from Ridgeline Minerals and Announces New Director
(TheNewswire) Vancouver, Canada – TheNewswire - July 22, 2025 – Mid...
About this update from Spartan Metals Corp.
[{"type":"text","content":"Midasco Capital Corp. Receives Conditional Acceptance for Acquisition of Tungsten and Critical Metals Project from Ridgeline Minerals and Announces New Director\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, Canada –\n \n\n TheNewswire -\n \n\n July 22, 2025\n \n – Midasco Capital\nCorp. (“\n \n Midasco\n \n ” or the\n“\n \n Company\n \n ”) (TSX-V: MGC-H)\nis pleased to announce that the TSX Venture Exchange (the “\n \n Exchange\n \n ”) has provided\nconditional acceptance for Midasco’s previously announced arm’s\nlength acquisition of the shares in Spartan Exploration Nevada\nCorporation, a wholly owned subsidiary of Ridgeline Minerals Corp.\n(TSX-V: RDG) (the “\n \n Proposed\nTransaction\n \n ”) and the Company’s concurrent reactivation of\nits listing to become a Tier 2 mining issuer on the TSXV (the “\n \n Reactivation\n \n ”).\n \n\n Concurrently with the closing of the Proposed Transaction, it is\nanticipated that Midasco will change its name to “Spartan Metals\nCorp.” and change its ticker symbol to “W”. The Proposed\nTransaction is expected to close in July 2025.  The Proposed\nTransaction, Reactivation and name and ticker change remain subject to\nfinal Exchange acceptance.\n \n\n\n The Company is also pleased to announce its intention\nto appoint Kosta Tsoutsis to its Board of Directors. Mr. Tsoutsis\nbrings over 20 years of finance and capital market experience. Mr.\nTsoutsis is the Chief Executive Officer and a Director of M3 Metals\nCorp. (TSXV: MT), a lithium exploration and development company with\nassets in Nevada and California and formerly worked as an investment\nadvisor at Mackie Research, Jordan Capital Markets, and Canaccord\nCapital Corp.  Mr. Tsoutsis’ appointment is subject to Exchange\nacceptance.\n \n\n\n\n On\n \n\n behalf\n \n\n of\n \n\n the\n \n\n Board of Midasco\n \n\n\n “William Pettigrew”\n \n\n CEO\n \n\n\n Further\n \n\n Information:\n \n\n\n William Pettigrew\n \n\n Chief Executive Officer\n \n\n\n\n\n Midasco Capital Corp.\n \n\n\n\n\n\n +1\n604-313-8585\n \n\n\n\n\n\n\n\n [email protected]\n \n\n\n\n\n\n Cautionary\n \n\n Note\n \n\n regarding\n \n\n Forward\n \n\n Looking\n \n\n Statements\n \n\n\n\n Stateme...