Midway Gold Corp.

Midway Gold Corp.

April 27, 2007 13:15 ET

Midway Additions to Board of Directors

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 27, 2007) - Midway Gold Corp. (the "Company") (TSX VENTURE:MDW) appointed William Lupien and William Sheriff to the Board of Directors as announced on April 13, 2007.

William A. Lupien, Director

Mr. Lupien brings over 40 years of public market financial expertise and US equity market exposure to the Company's board. Mr. Lupien was a specialist on the Pacific Stock Exchange from 1968 until 1983, responsible for trading securities of many public companies including IBM, Ford Motor, Occidental Petroleum, Pfizer, Cyprus Mines, Warner Lambert, Bethlehem Steel, Digital Equipment, Caesar's World, Harrah's, Hilton as well as others.

Mr. Lupien began his career with Mitchum, Jones & Templeton, a NYSE member and specialist firm in 1965 where he held various positions including President from 1974 through 1980. Mr. Lupien became Chairman and CEO in 1988 serving through 1995. Mr. Lupien was the Chairman and CEO of Instinet Inc. from 1983 until 1988. He has served as Chairman of OptiMark, Inc., a company he established in 1995, with a mandate to improve the structure and operational capabilities of the securities market. Mr. Lupien is co-inventor of OptiMark's patented trading technology, a revolutionary method of structuring markets for securities and other fungible items.

Mr. Lupien has served on numerous private and public company boards including Mitchum, Jones & Templeton, Instinet, National Health Enterprises, and others. He held a position as Trustee of the Securities Industry Institute and the Securities and Exchange Commission National Market Advisory Board and was the Governor of the Pacific Stock Exchange for 6 years. Mr. Lupien is the co-author along with David Nassar of Market Evaluation and Analysis for Swing Trading published in 2004 by McGraw Hill. Mr. Lupien is currently a private investor and a financial equity market consultant. He is currently on the board of the Ft. Lewis College Professional Associates and Energy Metals Corporation.

William M. Sheriff, B.Sc (Geology)

Mr. Sheriff is considered one of Nevada's leading prospectors, having generated numerous mining projects leased to major mining companies including Newmont, Anglo, Barrick, Meridian and others. He began his minerals career in 1980. In 1985 he founded Platoro West Incorporated, a minerals exploration firm specializing in project identification and acquisition throughout the western USA. Platoro West is the underlying lessor or has a royalty position in a number of gold, tungsten, and uranium resources in Nevada, Oregon, New Mexico, Arizona and South Dakota.

Mr. Sheriff is President of Pacific Intermountain Gold Corporation, a private corporation 75% owned by Seabridge Gold Corporation (TSX VENTURE:SEA), which holds over 30 advanced gold exploration projects throughout Nevada and is Pan-Nevada's joint venture partner in two gold projects. He currently serves as a Chairman of the Board and VP of Corporate Development for the highly successful Energy Metals Corporation and a director for Eurasia Minerals Corporation.

On April 13, 2007 the Company accepted the resignation of Kelly Hyslop, a director and founding shareholder. "We look forward to the market and exploration expertise that both Mr. Lupien and Mr. Sheriff bring to the board. We will miss Dr. Hyslop and his positive and insightful contributions that he has brought to Midway. We wish him well on his future endeavors," says Alan Branham, President and CEO of Midway Gold Corp.

Pursuant to the Company's shareholder approved Stock Option Plan, the Directors have today granted Incentive Stock Options to the two new directors on 200,000 shares of the Company's capital stock, exercisable for up to five years at a price of $3.20 per share, which price is the last closing price of the Company's shares prior to the date of grant. The options granted will be subject to any applicable regulatory hold periods.

Midway Gold Corp. is a precious metals exploration company, listed as a Tier 1 issuer on the TSX Venture Exchange under the symbol "MDW". Midway focuses on the creation of value for shareholders by aggressively exploring and developing high-grade, quality precious metal resources in stable mining areas. Details of Midway Gold's projects are available on the Company's website at www.midwaygold.com.

This release has been reviewed and approved by Company President and CEO Alan Branham (M.Sc. and CPG), a "qualified person" as that term is defined in National Instrument 43-101.


Alan Branham, President and CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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