Midway Appoints New Chairman
September 10 2009 - 4:00PM
Marketwired
Midway Gold Corp. ("Midway") (TSX VENTURE: MDW)(NYSE Amex: MDW) is
pleased to report that the board of directors has appointed Daniel
Wolfus as its non-executive chairman of the board to replace George
Hawes in that role.
Mr. Wolfus has over 28 years of investment banking experience,
firstly with E.F. Hutton & Co., where Mr. Wolfus rose to become
partner and Senior Vice President in charge of the West Coast
Corporate Finance Department, followed by his tenure as Chairman,
CEO and chief organizer of Hancock Savings Bank in Los Angeles.
During his term with Hancock Savings, the bank grew to five
branches and $225 million in assets before it was sold in 1997.
Pursuant to Midway's shareholder approved combined incentive and
non-qualified stock option plan, the board of directors of Midway
has granted non-qualified stock options on a total of 1,000,000
shares of Midway's common stock exercisable for up to five years at
a price of $0.86 per share being the closing price of Midway's
common shares on the day prior to grant and are subject to any
applicable regulatory hold periods.
ON BEHALF OF THE BOARD
Alan Branham, President and CEO
Neither the 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.
Contacts: Midway Gold Corp. R.J. Smith (877) 475-3642
(toll-free) www.midwaygold.com
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