Midway Gold (MDW) CEO Wolfus Resigns for Health Issues; Successor Named

Midway Gold Corp. (NYSE: MDW) reports that Mr. Daniel E. Wolfus has resigned as the Company’s Chairman of the Board and Chief Executive Officer, effective immediately due to health reasons. Mr. Wolfus will continue to be a Director of the Company. The Company’s Board of Directors unanimously appointed Mr. Kenneth A. Brunk as Chairman and CEO in addition to his present office of President.

Midway’s Board of Directors and Management thank Dan for his significant contributions as Chairman and CEO especially during critical times in the Company’s development. Through his leadership and guidance, the Company has transformed its position, advanced its projects and graduated to the development stage on the strength of the Pan Feasibility Study in late 2011. Mr. Wolfus was instrumental in the hiring of key operational management, strengthening the Board, and financing and promoting the Company during his tenure.

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