Midland Exploration Announces the Grant of Options

MIDLAND EXPLORATION ANNOUNCES THE GRANT OF OPTIONS

Montreal, February 12, 2026. Midland Exploration Inc. (“Midland”) (TSX-V: MD) announces that it

has granted incentive stock options to employees, directors and officers of Midland to acquire an

aggregate of 870,000 common shares at $0.52 per share, for a period of 10 years. These incentive stock

options have been granted in accordance with Midland’s stock option plan (the “Plan”). Considering the

present grant, there is 7,510,000 stock options outstanding.

About Midland

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

deposits of gold and critical metals. Midland is proud to count on reputable partners such as Rio Tinto

Exploration Canada Inc., BHP Canada Inc., Centerra Gold Inc., Barrick Gold Inc., Agnico Eagle Mines

Limited, Wallbridge Mining Company Ltd, Fresnillo plc. , La Pulga Mining Corp. , SOQUEM Inc.,

Nunavik Mineral Exploration Fund, 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 opportunitie s and projects to build up Midland’s 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

E-mail: [email protected]

Website: www.midlandexploration.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.

Forward-Looking Statements

This news release contains forward -looking statements and forward -looking information (together, “forward -

looking statements”) within the meaning of applicable securities laws. Forward -looking statements include

statements relating to the Corporation’s expectations regarding the conclusion of additional agreements in regard

to newly acquired properties, and other estimates and statements that describe Midland’s future plans, objectives

or goals, including words to the effect that Midland or management expec ts a stated condition or result to occur.

All statements, other than statements of historical facts, are forward -looking statements. Forward -looking

statements involve risks, uncertainties and other factors that could cause actual results, performance, pro spects

and opportunities to differ materially from those expressed or implied by such forward-looking statements. Factors

that could cause actual results to differ materially from these forward -looking statements include, without

limitation, changes in gen eral economic conditions and conditions in the financial markets, changes in demand

and prices for minerals, failure to obtain the requisite permits and approvals from government bodies and third

parties, regulatory and governmental policy changes (laws an d policies) and those risks set out in Midland’s

public documents, including in each management discussion and analysis, filed on SEDAR+ at

www.sedarplus.com. Although Midland believes that the assumptions and factors used in preparing the forward -

looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as

of the date of this news release, and no assurance can be given that such events will occur in the disclosed times

frames or at all. Except where required by applicable law, Midland disclaims any intention or obligation to update

or revise any forward-looking statement, whether as a result of new information, future events or otherwise.