Board and Grants Options
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TORONTO, ONTARIO--(Marketwired - Nov. 17, 2014) - Midlands Minerals Corporation ("Midlands" or the "Company") (TSX VENTURE:MEX) is pleased to announce the appointment of Mr. John Cook to the Company's Board of Directors.
Mr. Cook, who is based in Ontario, Canada, brings an in-depth understanding and expertise in mining engineering, strategy, and corporate governance to the Company.
Mr. John Cook is President and CEO of Tormin Resources, a private mining consulting company. John Cook has more than 45 years of professional experience in all facets of mining development, operations and management. John Cook was Chairman of Wolfden Resources Inc. until its purchase by Zinifex Limited in June, 2007 and then Chairman of Premier Gold until May of 2010.
John Cook is a graduate of Sheffield University in mining engineering.
"We are delighted to welcome John to our board of directors," Nick Tintor, Chairman of the Board commented. "John brings a wealth of knowledge and a deep understanding of the mining and exploration industry" he added.
Mr. Cook's appointment remains subject to the approval of the TSX Venture Exchange.
Board Resignation
The Company also announces that Ace Anan Ankomah did not stand for re-election at the Annual Shareholder meeting. Mr. Ankomah has been a member of Midlands' board since June 2012, and the Company would like to thank him for his invaluable contributions.
Grant of Options
The Board of Directors further announces it has approved the grant of an aggregate of 1,000,00 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.
About Midlands Minerals Corporation
Midlands has an option agreement with Reservoir Minerals ("Reservoir") (TSX VENTURE:RMC) to earn up to a 75% interest in Reservoir's Parlozi zinc-lead-silver project in Serbia announced April 24, 2014.
Midlands is a Canadian resource company with common shares that trade on the TSX Venture Exchange under the symbol "MEX". 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. Additional information on Midlands can be viewed under the Company's profile at
FOR FURTHER INFORMATION PLEASE CONTACT:
Contact Information:
Midlands Minerals Corporation
Craig Pearman
President and CEO
+1 604 366 2229
cpearman@midlandsminerals.com
Midlands Minerals Corporation
Nick Tintor
Chairman
+1 416 987 0855
ntintor@rgmi.ca
Midlands Minerals Corporation
Nancy Curry
Corporate Communications
+1 604 220 2971
ncurry@midlandsminerals.com
