TORONTO, ONTARIO--(Marketwired - May 15, 2014) - Midlands Minerals Corporation ("Midlands" or the "Company") (TSX VENTURE:MEX) announces that it has retained Ms. Nancy Curry of Marketworks Corporate Communications to provide investor relations services for the Company.
Ms. Curry will be responsible for designing, implementing and managing all aspects of Midlands corporate communications and investor relations programs.
Ms. Curry brings over 25 years of financial market, management and public company experience to Midlands. Ms. Curry began her career working in the brokerage industry and has worked for several national investment dealers specializing in trading futures. Her public company experience began in 1995 and she has worked with several resource and technology companies coordinating and implementing extensive Corporate Communications and Investor Relations programs. Most recently, Ms. Curry was Manager, Corporate Communications for Cardero Resource Corp. and Vice President, Corporate Communications for Diamonds North Resources Ltd. (where that company was nominated twice for Best Investor Relations by a TSX Venture Exchange Company by IR Magazine).
Grant of Options
The Board of Directors further announces it has approved as of May 1, 2014, the grant of an aggregate of 9,000,000 stock options (the "Options") to eligible participants of the Company's stock option plan (the "Plan"). The Options are exercisable into common shares of the Company at an exercise price of $0.05, all in accordance with the Plan.
The Parlozi Project, the Company's flagship, is a 91 square kilometre exploration permit, which is conveniently located 35 kilometres south of Belgrade, the capital of Serbia. The Parlozi permit covers occurrences of historical lead-zinc-silver mining in the Kosmaj-Babe area of the Sumadija mining district in central Serbia. The mineralization in the permit comprises silver-bearing vein and replacement-type lead-zinc sulphides hosted by carbonate sedimentary rocks associated with intrusive Tertiary quartz latite dykes and volcanic breccias. This type of mineralization has long supported lead-zinc-silver mining operations in the region.
About Midlands Minerals Corporation:
Midlands is a Canadian resource company with common shares that trade on the TSX Venture Exchange under the symbol "MEX". The Company identifies global mineral projects that are described as having exceptional exploration potential, and undertakes exploration based on industry best practice to investigate and release this value for shareholders.
Additional information on Midlands can be viewed under the Company's profile at www.sedar.com or on Midlands' website: www.midlandsminerals.com, which is currently under re-construction.
On behalf of the Board of Directors of
Midlands Minerals Corporation,
Craig Pearman, President and CEO
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the completion of the Transaction, the receipt of regulatory approvals, the Company's future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to the fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation. Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange, nor the OTCQX accepts responsibility for the adequacy or accuracy of this release.