Company requests resumption of trading

12216 Boundary Drive North, Surrey, B.C. V3X 1Z5

Phone: (604) 503-0986 Email:[email protected]

July 20, 2020 NEWS RELEASE

Company requests resumption of trading

Vancouver, British Columbia – Midasco Capital Corp. (the “Company” or “Midasco”) (Midasco Capital

Corp. – TSX-NEX Symbol MGC.H) on July 17th, 2020 the Company requested IROC to halt trading of the

Company’s shares pending news. On July 16, 2020 the Company had entered into a non -binding 30-day

exclusive option to acquire various mineral claims, however on July 20, 2020 the Company terminated the

option.

The Company has asked IROC to reinstate trading of the Company’s shares.

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

TSX Venture Exchange) has in any way passed upon the merits of the Proposed Transaction no r accepts

responsibility for the adequacy or accuracy of this news release.

Forward-Looking Information and Statements

Statements included in this announcement, including statements concerning our plans, intentions and

expectations, which are not historical in nature are intended to be, and are hereby identified as “forward-looking

statements”. Forward looking statements may be identified by words including “anticipates”, “believes”,

“intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward-looking

statements, including without limitation those relating to the Company’s future operations and business

prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially fro m

those indicated in the forward-looking statements. Readers are advised to rely on their own evaluation of such

risks and uncertainties and should not place undue reliance on forward-looking statements. Any forward-looking

statements are made as of the date of this news release, and the Company assumes no obligation to update the

forward-looking statements, except in accordance with the applicable laws.

We seek Safe Harbor.

On behalf of the Board of Directors of Midasco Capital Corp.

Phone:604-503-0986

William Pettigrew

CEO and Director