News Release 2012

August 17th 2012:
August 3rd, 2012 Vancouver, B.C. – The Company (MIDASCO CAPITAL CORP. – TSX-­‐V Symbol MGC) has received notice from the Titleholder of the 7 licenses under the Option Agreement dated April 11, 2011 that he has unilaterally terminated the agreement due to non-­‐payment of certain monies under the payment schedule. Please see (August 17th  News Release.) We also welcome your calls toll free at 1-888-669-2901.

 

March 26th 2012:
-MIDASCO CAPITAL CORP. – TSX-­‐V Symbol MGC has received a preliminary report from the first geological visit to licenses 269, 270,271 & 272 in the Monte Cristo – Tiquisio area, one of the better known gold mining districts in South Bolivar, Colombia. The objectives of the visit were to gather samples and identify zones of interest, geological anomalies and areas of past and current mining activities. Please see (March 26th News Release.) We also welcome your calls toll free at 1-888-669-2901.

January 4th 2012:
-MIDASCO CAPITAL CORP. – TSX-V Symbol MGC has received a preliminary report from the first geological visit to license 582 and 583 in the Santa Rosa Canelos area, Bolivar State Colombia. Multiple samples were taken from vein workings and all returned gold values, with four samples having fire assayed at 69.38 g/t Au, 11.81 g/t Au, 8.63 g/t Au and 6.84 g/t Au. This is a highly prospective area with several legal mines operating in the area. Please see (January 4th News Release.) We also welcome your calls toll free at 1-888-669-2901.

Sincerely,
Dustin A. Elford

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

News Release 2011

The  Company  (MIDASCO  CAPITAL  CORP.  –  TSX-­‐V  Symbol  MGC)  has  received   from   its   legal   counsel,   Alianza   W.J.   S.A.   in   Medellin,   a   copy   of   the   formal payment   agreement   signed   with   the   Secretary   of   Mines   and   Energy   for   the   Government   of   Bolivar   State   to   bring   current   the   Surface   Canon   arrears   for  the  seven  (7)  mineral  licenses  obtained  by  Midasco  (see  April  20,  2011  news  release).