Midland Announces Exercise of Warrants for $1,750,300

Midland Announces Exercise of Warrants for $1,750,300

MONTREAL, May 07, 2018 -- Midland Exploration Inc. (“Midland”) (TSX-V:MD) is pleased to announce the exercise of

warrants of Midland, for an aggregate amount of $1,750,300, at a price of $1.15 per share. Such warrants were issued

pursuant to a private placement closed in May 2015.

Midland will use the proceeds to fund exploration works on properties located in Québec.

About Midland

Midland targets the excellent mineral potential of Quebec to make the discovery of new world-class deposits of gold, platinum

group elements and base metals. Midland is proud to count on reputable partners such as Agnico Eagle Mines Limited,

IAMGOLD Corporation, Osisko Mining Inc., Altius Minerals Corp., SOQUEM INC., NioBay Metals Inc. and Abcourt Mines Inc.

Midland prefers to work in partnership and intends to quickly conclude additional agreements in regard to newly acquired

properties. Management is currently reviewing other opportunities and projects to build up the Company portfolio and generate

shareholder value.

For further information, please consult Midland’s website or contact:

Gino Roger, President and Chief Executive Officer

Tel.: 450 420-5977

Fax: 450 420-5978

Email: [email protected]

Website: www.explorationmidland.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties

that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described

in Midland's periodic reports including the annual report or in the filings made by Midland from time to time with securities

regulatory authorities.