Midas Gold Corp. reported that it has completed its previously announced offering (the "Offering") of Canadian dollar denominated 0.05% senior unsecured convertible notes issued by a wholly owned subsidiary of the Company (the "2020 Notes"), raising total gross proceeds of USD 35.0 million (CAD 47.6 million). In conjunction with the Offering, Midas Gold will be appointing Marcelo Kim, Partner at Paulson and a current director of the Company, as Chair of its board of directors, and Peter Nixon, current Chair of the board of directors of the Company, as independent Lead Director.