Midland Exploration Inc.
TSX VENTURE : MD

Midland Exploration Inc.

March 12, 2010 16:30 ET

Midland Exploration Grants 225,000 Stock Options

MONTRÉAL, QUÉBEC--(Marketwire - March 12, 2010) - Midland Exploration Inc. ("Midland" or "Company") (TSX VENTURE:MD) announced that it has granted 225,000 stock options to its directors, officers and employees. Each stock option entitles its holder to subscribe one common share of the Company at a price of $1.48 per share for a period of five years. The options are subject to the terms of the company's stock option plan and vest over a period of 18 months.

Midland also announces a change on its Board of Directors; Jacques Bonneau has decided to step down as director at the annual meeting of shareholders held on February 18, 2010. Midland will nevertheless benefit from Mr. Bonneau's strong expertise as he will remain involved with the Company as a consultant for the evaluation of exploration projects.

About Midland

Midland targets the excellent mineral potential and the favourable investment climate of Quebec to make the discovery of new world-class deposits of gold, base metals and REE. Midland is proud to count on reputable partners such as Japan Oil, Gas and Metals National Corporation, Agnico-Eagle Mines Limited, Osisko Mining Corporation, North American Palladium Limited and Soquem Inc. Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired properties. Midland is currently evaluating new opportunities and other projects in order to increase the portfolio of the Company.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in Midland's periodic reports including the annual report or in the filings made by Midland from time to time with securities regulatory authorities.

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