August 22, 2014 12:30 PM ET

Metals and Mining

Company Overview of Midas Gold Corp.

Company Overview

Midas Gold Corp., an exploration-stage company, is engaged in the acquisition, exploration, and development of mineral properties in the United States. The company primarily holds interests in the Golden Meadows Project that consists of unpatented and patented claims covering an area of approximately 10,968.6 hectares located in the lies in Valley County, Idaho. Midas Gold Corp. was incorporated in 2011 and is headquartered in Vancouver, Canada.

999 West Hastings Street

Suite 1250

Vancouver, BC V6C 2W2

Canada

Founded in 2011

34 Employees

Phone:

778-724-4700

Fax:

604-558-4700

Key Executives for Midas Gold Corp.

Chief Executive Officer
Age: 55
Total Annual Compensation: $320.0K
Chief Financial Officer
Age: 39
Total Annual Compensation: $218.3K
Chief Operating Officer
Total Annual Compensation: $293.6K
Vice President of Legal and Sustainability
Total Annual Compensation: $245.0K
Vice-President of Development
Total Annual Compensation: $195.7K
Compensation as of Fiscal Year 2013.

Midas Gold Corp. Key Developments

Midas Gold Provides Metallurgical Update on its Golden Meadows Au-Ag-Sb Project, Idaho

Midas Gold Corp. provided an update on its extensive independent metallurgical test program completed for the Golden Meadows Project, which is located in the historic Stibnite mining district of Idaho. Since the completion of the Preliminary Economic Assessment published in September 2012 (the PEA), Midas Gold's process and metallurgical consultants have focused on defining the metallurgical parameters for the Project for incorporation into a Preliminary Feasibility Study (PFS) scheduled for completion later in 2014.

Midas Gold Updates Progress on its Golden Meadows Au-Ag-Sb Project, Idaho

Midas Gold Corp. provided a progress report on its Golden Meadows Project in the historic Stibnite mining district of Idaho. Since the completion of the Preliminary Economic Assessment published in September 2012, the Midas Gold team and its consultants have focused on efforts to optimize the project from an environmental, social, sustainability, technical and economic perspective, with the objective of improving the project concepts over those set out in the PEA, including key objectives of designing for project closure, management of water quality and habitat restoration. Over the past 18 months, Midas Gold has also used the concepts from the PEA as a basis for discussions with local communities, Native American Tribes, State, Federal and local governments, regulators, NGOs and other interested parties in respect of project options in order to solicit suggestions and feedback for consideration in its technical studies. The results of these efforts will be incorporated into a Preliminary Feasibility Study (a "PFS") once the review and optimization process is complete.

Midas Gold Corp., Annual General Meeting, May 14, 2014

Midas Gold Corp., Annual General Meeting, May 14, 2014., at 10:00 Pacific Standard Time. Location: Princess Louisa Suite, The Fairmont Waterfront. Agenda: To receive and consider the Annual Financial Report of the Company containing the audited financial statements of the Company together with the auditors' report thereon for the financial year ended December 31, 2013; to fix the number of directors at seven (7); to elect directors, as described in the Management Information Proxy Circular accompanying this Notice of Meeting; to appoint the auditors for the ensuing year at a remuneration to be set by the directors; to approve the renewal of the Company's Stock Option Plan and unallocated entitlements under the Company's Stock Option Plan; and to transact such further or other business as may properly come before the Meeting and any adjournment(s) or postponement(s) thereof.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
February 25, 2014
--
Merger/Acquisition
February 6, 2014
--
 

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