MIDLANDS MINERALS CORPORATION

Midlands Minerals Corporation announced that as of November 10th, 2009, it has closed the first tranche of its previously announced brokered and non-brokered private placement of Units at a price of $0.15 per Unit (the "Offering"). The company issued 9,005,000 Units on a brokered basis for gross proceeds of $1,350,750 and 12,426,667 Units on a non-brokered basis for gross proceeds of $1,864,000 for a total 21,431,667 Units and total gross proceeds of $3,214,750 in this first tranche. The proceeds from the Offering will be used for exploration on the company’s properties primarily in Ghana where the company is focusing its efforts on the Sian and Kwahu Praso properties located on the Ashanti Gold Belt, and for general corporate purposes.