MDW..Lao,did you get back in this?Hope it goes now.
Form 8-K for MIDWAY GOLD CORP
7-Sep-2010
Other Events
Item 8.01. Other Events.
The Company closed a private placement in April 2010 for aggregate gross proceeds of Cdn$800,000 and a public offering in June 2010 for aggregate gross proceeds of Cdn$6.6 million. As a result of these financing activities, as of the quarter ended June 30, 2010, the Company had working capital of Cdn$6,345,847, as reported in the Company's Quarterly Report on Form 10-Q, filed with the Securities and Exchange Commission on August 11, 2010. Section 610(b) of the NYSE-Amex company guide requires that companies listed on the NYSE-Amex provide notice of any going concern qualification contained in an audit opinion such as that contained in KPMG, LLP's audit report for the Company's audited annual financial statements for the fiscal year ended December 31, 2009, included in the Company's Annual Report on Form 10-K, filed with Securities and Exchange Commission on March 30, 2010. Management believes it has sufficient working capital to meet its obligations and fund operations for the next 12 months and, therefore, has resolved any going concern issue.
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