NEW YORK, NY--(Marketwire - December 5, 2007) - Midas Fund (
NASDAQ:
MIDSX) anticipates paying
a year end distribution. The distribution is scheduled with a record date
of December 5, 2007, an ex-date of December 28, 2007 and a payable date of
December 31, 2007. At this time, the per share distribution is estimated
as follows:
Ordinary income of between $0.01 and $0.03 per share
No capital gain distribution
This is a preliminary estimate and may change between now and the ex-date.
A precise estimate of the amount of the distribution is not possible
because the dollar amounts of income to be distributed will change and the
number of shares outstanding on record date cannot be determined in
advance.
The distribution will be reinvested or paid out in cash, according to the
instructions associated with each shareholder's account.
Midas Fund is managed by Midas Management Corporation, a subsidiary of
Winmill & Co. Incorporated
(
PINKSHEETS:
WNMLA), which is engaged in stock market and
gold investing
through its investment management of equity and
gold mutual
funds. The open end mutual funds are Midas Fund, Inc. (
NASDAQ:
MIDSX),
Midas Special Fund, Inc. (
NASDAQ:
MISEX), and Midas Dollar Reserves, Inc.
(
NASDAQ:
DOLXX). The closed end funds are
Foxby Corp. (
AMEX:
FXX) and Global
Income Fund, Inc. (
AMEX:
GIF). To learn more about the Midas Funds, please
visit
www.MidasFunds.com.
Contact Information: Contact:
Midas Fund, Inc.
Shareholder Services
1-800-400-MIDAS (6432)
www.MidasFunds.com