Midasco Capital Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company has reported loss before other items of CAD 112,862, net loss and comprehensive loss of CAD 236,780 or CAD 0.01 basic loss per common share compared to loss before other items of CAD 231,865, comprehensive loss of CAD 785,513 and net loss of CAD 769,888 or CAD 0.02 basic loss per common share reported in the same period last year. Cash used in operating activities were CAD 82,973 against CAD 131,376 reported last year. For the six months, the company has reported loss before other items of CAD 221,586, net loss and comprehensive loss of CAD 327,055 or CAD 0.01 basic loss per common share compared to loss before other items of CAD 530,164, comprehensive loss of CAD 1,053,312 and net loss of CAD 1,037,687 or CAD 0.03 basic loss per common share reported in the same period last year. Cash used in operating activities were CAD 189,671 against CAD 360,838 reported last year.

Midasco Capital Corp. announced unaudited consolidated earnings results for the first quarter ended March 31, 2009. For the period, the company's loss before other items was CAD 112,013 compared to CAD 298,299 a year ago. Net loss for the year was CAD 90,275 compared to CAD 267,799 or CAD 0.01 per basic and diluted share a year ago. Net cash used in operating activities was CAD 107,059 compared to CAD 229,462 a year ago. Mineral property acquisition and explorations costs were CAD 26,247 compared to CAD 537,381 a year ago.

Midasco Capital Corp., Annual General Meeting, May 08, 2009, at 10:00 Pacific Daylight. Location: Boardroom, Suite 1600, 609 Granville Street, Vancouver, British Columbia, V6B 4W4,Canada. Agenda: To receive and consider the audited financial statements of the company for the fiscal year ended December 31, 2008 together with auditor's reports; to re-appoint the auditor of the company and to authorize the directors to fix the remuneration to b paid to the auditor; to fix the number of directors for the ensuing year at four; to elect directors for the ensuing year; to consider, and if thought fit, pass, with or without amendment, a special resolution to consolidate the company's common shares on a 3:1 basis (3 pre-consolidation common shares for 1 post-consolidation common share); to approve the company's amended stock option plan and to set the number of shares issuable; to authorize the company's directors to modify, vary or amend the terms and conditions of the transactions and matters approved at the meeting; and to transact such other business as may properly be transacted at such meeting or at any adjournment thereof.