Written on January 4, 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
Written on August 30, 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).