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Midas Gold Corp.

11:52 AM EST - Midas Gold Corp. : Is in the process of seeking shareholder approval in writing of its previously announced offering of Canadian dollar denominated 0.05% senior unsecured convertible notes to be issued by a wholly owned subsidiary of the Company to Paulson & Co. Inc., on behalf of the several investment funds and accounts managed by it on a private placement basis and concurrent offering of Notes and/or Shares to certain of the Company's existing shareholders for total gross proceeds of $55,204,000. Midas Gold Corp.
shares T.MAX are trading unchanged at $0.38.