Midas Gold Receives Shareholder Meeting Requisition
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Midas Gold Receives Shareholder Meeting Requisition
VANCOUVER, BRITISH COLUMBIA – Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX, “Midas Gold ” or the
“Company”) announced today that it has been provided with a shareholder meeting requisition notice (the
“Requisition”) dated November 20, 2020 from Paulson & Co. Inc. (“Paulson”), as manager of funds holding not less
than 1/20th of the issued and outstanding shares of Midas Gold, reques ting that the directors of the Company call
a meeting of the shareholders of the Company for the purpose of (a) removing five directors; (b) fixing the number
of directors at eight; and (c) electing five nominee directors of Paulson.
The Company is reviewing the Requisition with its professional advisors and will respond appropriately in due
course as provided under applicable law, at which time further disclosure will be forthcoming. In the meantime,
there is no need for shareholders to take any action at this time.
For further information about Midas Gold Corp., please contact:
Liz Monger -- Manager, Investor Relations (t): 778.724.4704
(e): [email protected]
Facebook: www.facebook.com/midasgoldidaho Twitter: @MidasIdaho
Website: www.midasgoldcorp.com
About Midas Gold and the Stibnite Gold Project
Midas Gold Corp., through its wholly owned subsidiaries, is focused on the exploration and, if warranted, site
restoration and redevelopment of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho
that are encompassed by the Stibnite Gold Project.
Forward-Looking Information
Statements contained in this news release that are not historical facts are “ forward-looking information” or
“forward-looking statements ” (collectively, “Forward-Looking Information” ) within the meaning of applicable
Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward
Looking Information includes, but is not limited to, disclosure regarding possibl e events, next steps and courses of
action including actions to be taken in respect of the Requisition. Forward-Looking Information involves known and
unknown risks, uncertainties and other factors which may cause the actual results to be materially differ ent from
any future results expressed or implied by the Forward- Looking Information. There can be no assurance that
Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-
Looking Information. Except as required by law, Midas Gold does not assume any obligation to release publicly any
revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the
date hereof or to reflect the occurrence of unanticipated events.
NEWS RELEASE
November 20, 2020
#2020-13