Midland Exploration Inc. is pleased to announce the closing of a previously announced private placement , for gross proceeds of $5,058,750 from the sale of 10,650,000 shares of the Corporation at a price of $0.475 per FT Share. Each FT Share will qualify as a "flow-through share" within the meaning of subsection 66 of the Income Tax Act . As part of the private placement, Midland is pleased to welcome Centerra Gold Inc. as a new strategic investor. Centerra now holds approximately 9.9% of the Corporation's issued and outstanding common shares. Midland is also pleased to announce the closing of a concurrent non-brokered private placement of 3,181,819 common shares at a price of $0.33 per Share, for gross proceeds of $1,050,000, with the following entities: CDPQ Sodémex Inc. , ...