Director Resignation and New Appointments

12216 Boundary Drive North Surrey, BC V3X 1Z5

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

January 7th, 2019 NEWS RELEASE

Director Resignation and New Appointments

Vancouver, B.C. – The Company (Midasco Capital Corp. – TSX-V Symbol MGC.H) wishes to announce

that for personal reasons Mr. John Prentice has resigned as a Director of the Company effe ctive

January 7th, 2019. We wish to thank Mr. Prentice for his years of service and wish him well in his future

endeavours.

We would also like to announce the appointment of Mr. Burton Egger and Mr. Colin Brownlee as

independent director s to the Board of Directors. Mr. Egger brings a wealth of investment banking

knowledge to the Company through his 30 plus year tenure as an investment advisor with Canaccord

Genuity Corp. and Yorkton Securities. Mr. Colin Brownlee is a serial entrepreneur and investor in junior

public markets.

We seek Safe Harbor.

On behalf of the Board,

William Pettigrew

C.E.O. & Director

Phone: 604-503-0986

"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."