Paulson & Co. Inc. ("Paulson"), as manager of Midas Gold Corp. (“Midas Gold” or the “Company”) has sent the Company a letter requisitioning a special meeting of shareholders in order to refresh the Company’s Board of Directors (the “Board”). Accordingly, Paulson is calling for the removal of Keith Allred, Jaimie Donovan, Brad Doores, Jon Goode, and Peter Nixon, to be replaced with five new independent, highly qualified directors. Further, Paulson intends to expand the Board and to elevate Laurel Sayer, the current and longstanding CEO of Midas Gold Idaho, to the refreshed Board.