Midland Exploration Announces Completion of Private Placement

MIDLAND EXPLORATION ANNOUNCES COMPLETION OF PRIVATE PLACEMENT

Montreal, March 16, 20 17. Midland Exploration Inc. ( “Midland”) ( TSX-V: MD ) is pleased to

announce that it has completed a non-brokered private placement with accredited investors by issuing

a total of 614,000 flow-through common shares (the “Flow-Through Shares”) at $1.35 per share, for

total gross proceeds of $828,900. The securities issued in the private placement are subject to a four -

month hold period expiring on July 17, 2017.

Midland will use the private placement proceeds to fund exploration works on properties located in

Quebec. As a result of the private placem ent, there are 57,161,557 common shares of Midland issued

and outstanding.

The private placement was carried out pursuant to prospectus exemptions of applicable securities laws

and is subject to final acceptance by the TSX Venture Exchange.

About Midland

Midland targets the excellent mineral potential of Quebec to make the discovery of new world -class

deposits of gold, platinum group elements, base metals and rare earth elements. Midland is proud to

count on reputable partners such as Agnico Eagle Mines Limited, Teck Resources Limited,

SOQUEM INC., Osisko Mining Inc., Altius Minerals Corp., Japan Oil and Gas and Metals National

Corporation 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.

Gino Roger, President and Chief Executive Officer

Tel: 450 420-5977

Fax: 450 420-5978

E-mail: [email protected]

Website: www.midlandexploration.com

Neither TSX Venture Exchange nor its Regulation Services Provid er (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.