Vancouver, British Columbia, October 10, 2024. Midnight Sun Mining Corp. (TSXV: MMA / OTC: MDNGF) (“Midnight Sun” or the “Company”) announces that, further to its September 16 and September 27, 2024 news releases, the Ministry of Mines and Minerals Development has issued an additional 14 day extension to allow additional time for the Geological Survey Department of Zambia (the “GSD”) to perform a site visit and complete the associated site verification report regarding the Company’s Large Scale Exploration Licence 21509-HQ-LEL (the “Licence”).

The Company has been informed that the site visit team from the GSD has been mobilized from Lusaka and are currently en route to Solwezi.

About Midnight Sun

Midnight Sun is focused on exploring our flagship Solwezi Project, located in Zambia. Situated in the heart of the Zambia-Congo Copperbelt, the second largest copper producing region in the world, our property is vast and highly prospective. Our Solwezi Project is surrounded by world-class producing copper mines, including Africa’s largest copper mining complex right next door, First Quantum’s Kansanshi Mine. Led by an experienced geological team with multiple discoveries and mines around the world to their credit, Midnight Sun intends to find and develop Zambia’s next generational copper deposit.

 

ON BEHALF OF THE BOARD OF MIDNIGHT SUN MINING CORP.

 

Al Fabbro

President & CEO

 

For Further Information Contact:

Adrian O’Brien

Director of Marketing and Communications

Tel: +1 604 809 6890

Em: adrian@midnightsunmining.com

 

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEW RELEASE.

 

This news release contains “forward-looking statements” within the meaning of the applicable Canadian securities legislation that are based on expectations, estimates, assumptions and projections as at the date of this news release. The information in this news release about the resolution of mineral exploration licence renewals, timing and ability of the Company to obtain the approval of relevant regulatory bodies, if at all; and any other information herein that is not a historical fact may be “forward looking statements”. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (which may, but not always, include phrases such as “anticipates”, “plans”, “scheduled”, “believed” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements and are intended to identify forward-looking statements.

Submission of the site verification report is dependent in part on the availability of third parties and there is no assurance that such persons will be available. Accordingly, there can be no guarantee that the site verification report will be completed and submitted within the timeframe provided or that further time extensions would be granted, nor is there any guarantee that the site verification report will be accepted by the Ministry and the Licence renewed.

Although the forward-looking statements contained in this news release are based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Such factors include, among others, risks relating to the timing and ability of the Company to obtain and the timing of the approval of relevant regulatory bodies, if at all; risks relating to property interests; risks related to access to the project; risks inherent in mineral exploration, including the fact that any particular phase of exploration may be unsuccessful; geo-political risks; the global economic climate; metal prices; environmental risks; political risks; and community and non-governmental actions. Neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking statements. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

Vancouver, British Columbia, September 19, 2024. Midnight Sun Mining Corp. (TSXV: MMA / OTC: MDNGF) (“Midnight Sun” or the “Company”) announces the start of exploration work at the Kazhiba Target located on the Company’s Solwezi Property in Zambia. Work at Kazhiba will be part of the previously announced Cooperative Exploration Plan in place with First Quantum Minerals (“First Quantum”) (see News Release dated April 23^rd, 2024), designed to define near surface oxide copper resources as a potential feed source for First Quantum’s Kansanshi Mine, located less than 10 kilometres from Midnight Sun’s Solwezi Property. The current work program includes 3,000 metres of reverse circulation drilling, partial ionic leach sampling, and an induced polarization (“IP”) survey.

Midnight Sun’s President & CEO, Al Fabbro, states: “I am pleased to have our team hit the ground running at Kazhiba. This target features a high-grade oxide copper blanket, which provides us with a remarkable opportunity to provide feed to the Kansanshi Mine operations. With targets at Kazhiba and Mitu, we have identified and seized an opportunity to unlock near-term production, and with success, realize significant near-term, sustained cash flow. Our Cooperative Exploration Plan with First Quantum forms a key part of our two-fold attack plan to realize the value of both sedimentary-hosted copper targets as well as oxide copper targets across our property.”

Kazhiba Target

The Kazhiba Target (see Figure 1) is an advanced exploration target, from which 2,145 soil samples have been collected across two generations of sampling. Generation One was carried out over a wide-spaced 500 metre x 500 metre grid, while Generation Two was carried out over a close-spaced 100 metre x 50 metre grid in two follow-up areas.

The sampling programs yielded two soil-defined target areas: Kazhiba North and Kazhiba South. Subsequent drill campaigns, totalling 12,445 metres, have been completed across these areas using a combination of air core, rotary air blast, reverse circulation, and diamond drilling. Previous drilling has intersected multiple near surface copper oxide intercepts, including 14.2 metres of 5.71% Cu, 24.0 metres of 3.15% Cu, and 8.0 metres of 5.14% Cu*.

Drill results demonstrate that Kazhiba is a high grade, near surface, copper oxide opportunity with the potential for the mineralized zone to extend beyond areas previously drilled.

Kazhiba Exploration Program Details

The 2024 exploration program at Kazhiba has been designed in conjunction with First Quantum, working directly with Midnight Sun’s geological team led by Dr. Kevin Bonel. The program has been designed to delineate a target that satisfies the production criteria for processing in the Kansanshi SX/EW oxide copper processing circuit. The planned program will consist of three main components:

Drilling

A 3,000 metre reverse circulation drill grid on the Kazhiba copper-oxide target. Planned holes are expected to average approximately 50 metres in depth. The average spacing over peripheral areas is planned to be 100 metres between holes, and the spacing over the inner envelope of the known mineralized area is planned to be 50 metres.

Partial Ionic Leach Sampling

Soil sampling using a 200 metre x 200 metre sampling grid. A portion of the Kazhiba Target appears to be under thin, geochemically inert cover and the program intends to use partial ionic leach geochemistry to help overcome deficiencies in the understanding of the regolith in the target area and its effect on standard, conventional, geochemistry. A total of 1,377 samples across the target area have been planned.

 IP Line Testing

A wide spaced IP Survey over a previously untested anomaly at Kazhiba is planned to identify any presence of stratigraphic-bound copper sulphide mineralization, which could represent the source of the transported copper oxide blanket. Seven lines spaced 200 metres apart will test the anomaly for a total of 6.5 line-kilometres.

 

*All results have been previously reported. Stated widths are downhole widths. True widths are estimated to be 70%-90% of downhole widths.

 

Qualified Person: Darin Labrenz, P.Geo., a Qualified Person under NI 43-101, has reviewed and approved the technical data and contents of this release.

Figure 1 – Kazhiba Target Location

 

About Midnight Sun

Midnight Sun is focused on exploring our flagship Solwezi Project, located in Zambia. Situated in the heart of the Zambia-Congo Copperbelt, the second largest copper producing region in the world, our property is vast and highly prospective. Our Solwezi Project is surrounded by world-class producing copper mines, including Africa’s largest copper mining complex right next door, First Quantum’s Kansanshi Mine. Led by an experienced geological team with multiple discoveries and mines around the world to their credit, Midnight Sun intends to find and develop Zambia’s next generational copper deposit.

 

ON BEHALF OF THE BOARD OF MIDNIGHT SUN MINING CORP.

 

Al Fabbro

President & CEO

 

For Further Information Contact:

Adrian O’Brien

Director of Marketing and Communications

Tel: +1 604 809 6890

Em: adrian@midnightsunmining.com

 

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEW RELEASE.

 

This news release contains “forward-looking statements” within the meaning of the applicable Canadian securities legislation that are based on expectations, estimates, assumptions and projections as at the date of this news release. The information in this news release about the resolution of mineral exploration licence renewals, timing and ability of the Company to obtain the approval of relevant regulatory bodies, if at all; and any other information herein that is not a historical fact may be “forward looking statements”. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (which may, but not always, include phrases such as “anticipates”, “plans”, “scheduled”, “believed” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements and are intended to identify forward-looking statements.

Although the forward-looking statements contained in this news release are based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Such factors include, among others, risks relating to the timing and ability of the Company to obtain and the timing of the approval of relevant regulatory bodies, if at all; risks relating to property interests; risks related to access to the project; risks inherent in mineral exploration, including the fact that any particular phase of exploration may be unsuccessful; geo-political risks; the global economic climate; metal prices; environmental risks; political risks; and community and non-governmental actions. Neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking statements. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

Vancouver, British Columbia, August 29, 2024. Midnight Sun Mining Corporation (TSXV: MMA / OTC: MDNGF) (the “Company”) reports that the Zambian Ministry of Mines and Minerals Development (the “Ministry”) has published a decision on its website indicating the Company’s renewal application for Large Scale Exploration Licence 21509-HQ-LEL (the “Licence”), which hosts the Kazhiba Dome target, has been rejected. This licence is one of three which make up Midnight Sun’s Solwezi Project, and the current status does not affect the other two licences, the Kobold Earn-In Agreement, or the Cooperative Exploration Plan underway with First Quantum aside from timing of drilling, and targets of focus in the near term. While the Company works vigorously to secure the renewal, drilling at Kazhiba will be postponed, and the Company will instead shift immediate exploration plans to the Mitu copper target. The Company will provide details on the Mitu exploration program in a separate news release. The Mitu exploration program is a key component of the previously announced Cooperative Exploration Plan with First Quantum Minerals (“First Quantum”) (see news release dated April 23, 2024) to define potential oxide copper feed sources for the Kansanshi Mine.

Midnight Sun President & CEO, Al Fabbro, states: “While we are disappointed in the current situation, we do believe it will be rectified, and we are taking all possible steps to expedite a swift resolution so that we can resume our exploration at Kazhiba. In the meantime, we will launch our plans to work on Mitu, continuing with our Cooperative Exploration Plan with First Quantum to define potential oxide copper feed sources for Kansanshi. At Dumbwa, KoBold has been working diligently compiling all available geological data and refining their work plan. We are excited for KoBold to begin systematic exploration of this large-scale target.”

Renewal Rejection Explained

Under Zambian mining law, large scale exploration licences are issued for a four-year period, and may be renewed, on application, for two additional three-year periods. The Licence was originally issued on March 1, 2017 and subsequently renewed on February 28, 2021. In the ordinary course of business, the Company filed an application for the renewal of the Licence on December 1, 2023. The Company understands that the Mining Licencing Committee, which meets periodically to consider renewal applications, met in June and rejected the Company’s application. Under Zambian mining law, the Ministry is required to provide formal notice of any rejection decision directly to renewal applicants together with the reasons for the rejection decision. By law, applicants then have a period within which to rectify the application or appeal the decision prior to the final rejection of the renewal application. In this instance, the decision was published on the Ministry’s website, but no notice with reasons was provided to the Company.

The Company has received legal advice that until the formal rejection is received, the Company retains its rights to the Licence.

The Company has repeatedly sought explanation from the Ministry regarding the rejection. At this time, the Ministry has not provided any explanation for the rejection, or any formal notice as required by law. Recently, the Ministry published on its website that a new licence has been issued over the Licence area to a new entity. The Company intends to vigorously defend its rights to the Licence and licence renewal and has retained competent Zambian counsel to protect its legal interests. There is no guarantee that the Company will be successful. In the interim, the Company has suspended operations in the area covered by the Licence.

2024 Exploration Plans

On April 23, 2024, the Company announced a Cooperative Exploration Plan with First Quantum to define oxide copper resources at two targets – Kazhiba and Mitu, in order to jointly define potential feed sources for First Quantum’s SX/EW oxide copper circuit at the Kansanshi Mine. Initial plans prioritized Kazhiba based on its close proximity to Kansanshi, however, Mitu represents the larger of the two targets, with both locations hosting near-surface oxide copper targets, as well as significant sulphide copper targets which the Company planned to explore simultaneously. While the issue on Licence 21509-HQ-LEL is being addressed, the Company will proceed with planned exploration work at Mitu, including efforts to define an oxide resource at that target.

The Licence issue does not impact the KoBold Metals Company Earn-In Agreement, announced February 20th, 2024, to explore the Dumbwa Target. Exploration plans for Dumbwa will be set out in a separate news release.

Qualified Person: Darin Labrenz, P.Geo., a Qualified Person under NI 43-101, has reviewed and approved the technical data and contents of this release.

About Midnight Sun

Midnight Sun is focused on exploring our flagship Solwezi Project, located in Zambia. Situated in the heart of the Zambia-Congo Copperbelt, the second largest copper producing region in the world, our property is vast and highly prospective. Our Solwezi Project is surrounded by world-class producing copper mines, including Africa’s largest copper mining complex right next door, First Quantum’s Kansanshi Mine. Led by an experienced geological team with multiple discoveries and mines around the world to their credit, Midnight Sun intends to find and develop Zambia’s next generational copper deposit.

 

ON BEHALF OF THE BOARD OF MIDNIGHT SUN MINING CORP.

 

Al Fabbro

President & CEO

 

For Further Information Contact:

Adrian O’Brien

Director of Marketing and Communications

Tel: +1 604 809 6890

Em: adrian@midnightsunmining.com

 

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEW RELEASE.

 

This news release contains “forward-looking statements” within the meaning of the applicable Canadian securities legislation that are based on expectations, estimates, assumptions and projections as at the date of this news release. The information in this news release about the resolution of mineral exploration licence renewals, timing and ability of the Company and KoBold to obtain the approval of relevant regulatory bodies, if at all; timing of the commencement of the earn-in; the work expenditure amounts and timing of those expenditures incurred by KoBold, if at all; the transfer of the relevant property to a joint venture entity, if at all; the respective ownership interests of the Company and KoBold in the joint venture entity; and any other information herein that is not a historical fact may be “forward looking statements”. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (which may, but not always, include phrases such as “anticipates”, “plans”, “scheduled”, “believed” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements and are intended to identify forward-looking statements.

Although the forward-looking statements contained in this news release are based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Such factors include, among others, risks relating to the timing and ability of the Company and KoBold to remove conditional subjects of the Earn-In Agreement, including the ability to obtain and the timing of the approval of relevant regulatory bodies, if at all; risks relating to property interests; risks related to access to the project; risks inherent in mineral exploration, including the fact that any particular phase of exploration may be unsuccessful; the risk that KoBold determines not to proceed with the earn in at any time after completing the minimum work program, and before having expended the full USD$15 million for the earn in; geo-political risks; the global economic climate; metal prices; environmental risks; political risks; and community and non-governmental actions. Neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking statements. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

Vancouver, British Columbia – June 19^th, 2024 – Midnight Sun Mining Corp. (the “Company” or “Midnight Sun”) (TSX-V: MMA / OTC: MDNGF) is pleased to announce that Dr. Kevin Bonel has joined the Company as COO, Zambia. Dr. Bonel has over 25 years of geological experience in Sub-Saharan Africa, most recently with Barrick Gold’s operations at the Lumwana Mine, located directly west of Midnight Sun’s Solwezi Project.

Al Fabbro, Midnight Sun’s President & CEO, stated: “On behalf of the directors and management, I would like to welcome Kevin. Midnight Sun is entering a new phase of exploration which will have us drilling aggressively on both a Lumwana analog at Dumbwa with KoBold Metals, and on two oxide-copper targets at Kazhiba and Mitu with First Quantum. It is imperative that we continue to build our team, adding personnel with deep experience relevant to our project. In addition to numerous discoveries in the region, Kevin’s tenure with Barrick saw him lead both a technical re-evaluation of their Lumwana asset and the discovery of a brand-new deposit, which added 25 years of reserves to the mining operation. Kevin’s experience, at Lumwana in particular, will be tremendously valuable to our future exploration plans.”

Dr. Bonel, P. Geo is an experienced independent geologist and exploration manager. Most recently, he led the exploration team at Barrick’s Lumwana Mine which completed a technical re-evaluation of the Lubwe copper deposit, bringing the deposit to the Pre-Feasibility Stage within 12 months. Dr. Bonel also made the mine site discovery of the Kamaranda copper deposit at Lumwana. Prior to his work with Barrick, he managed exploration of Freeport McMoRan’s copper exploration project in Kabompo, Zambia. He was a member of the Kisanfu copper-cobalt pre-feasibility and feasibility leadership team in the DRC, and he oversaw the reinterpretation of the Munali nickel deposit in Zambia, which is now in production. He is credited with the discovery of the Mpemba Hill Ni-Cu-PGE deposit in Malawi, and the discovery of a new copper deposit near Mpongwe, Zambia.

About Midnight Sun

Midnight Sun is focused on exploring our flagship Solwezi Project, located in Zambia. Situated in the heart of the Zambia-Congo Copperbelt, the second largest copper producing region in the world, our property is vast and highly prospective. Our Solwezi Project is surrounded by world-class producing copper mines, including Africa’s largest copper mining complex right next door, First Quantum’s Kansanshi Mine. Led by an experienced geological team with multiple discoveries and mines around the world to their credit, Midnight Sun intends to find and develop Zambia’s next generational copper deposit.

 

ON BEHALF OF THE BOARD OF MIDNIGHT SUN MINING CORP.

Al Fabbro

President & CEO

 

For Further Information Contact:

Adrian O’Brien

Director of Marketing and Communications

Tel: +1 604 809 6890

Em: adrian@midnightsunmining.com

 

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

This news release contains “forward-looking statements” within the meaning of the applicable Canadian securities legislation that are based on expectations, estimates, assumptions and projections as at the date of this news release. The information in this news release about the timing and ability of the Company and the earn-in agreement with KoBold; and any other information herein that is not a historical fact may be “forward looking statements”. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (which may, but not always, include phrases such as “anticipates”, “plans”, “scheduled”, “believed” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements and are intended to identify forward-looking statements.

Although the forward-looking statements contained in this news release are based upon what management believes, or believed at the time, to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking statements. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

 

 

NOT FOR DISTRIBUTION TO THE UNITED STATES OR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, British Columbia – May 23, 2024 – Midnight Sun Mining Corp. (the “Company” or “Midnight Sun”) (TSX-V: MMA / OTC: MDNGF) is pleased to announce that the Company has now closed its previously announced non-brokered private placement (the “Offering”) for gross total proceeds of $10,000,000. Under the Offering, the Company sold 45,454,544 units of the Company (each, a “Unit”) at a price of $0.22 per Unit.

“Midnight Sun is now sufficiently funded to execute on all of our exploration plans” stated Al Fabbro, Midnight Sun’s President & CEO. “Over the last 12 months, we have pulled the plans for our Solwezi Project into sharp focus. Starting with our USD $15.5 million earn-in with KoBold Metals announced in February, which moves our Dumbwa Target forward, and followed by the recent announcement of a cooperative exploration plan with First Quantum Minerals to advance near surface oxide-copper targets toward potential near-term cash flow. We have a two-fold attack plan underway, comprised of aggressive drill campaigns on two separate key targets, designed to demonstrate the tremendous value of our copper project, all underpinned by a very significant financing.”

Financing Terms

Each Unit consists of one common share of the Company (“Common Share”) and one common share purchase warrant (“Warrant”). Each Warrant will entitle the holder to purchase one Common Share for a period of 36 months following the closing date of the Offering at an exercise price of $0.33 per share.

The net proceeds of this offering will be used by the Company to fund exploration work on its projects located in Zambia, as well as general working capital.

Canaccord Genuity Corp., Red Cloud Securities Inc., and Haywood Securities Inc., acted as finders for the Company under the Offering.

Finder’s fees of $426,788 will be paid in cash and 1,962,530 Finder’s Warrants will be issued in connection with the Private Placement. 1,374,337 Finder’s Warrants each entitle the Finder to purchase one Common Share of the Company for a period of thirty-six months from closing, at an exercise price of $0.33 and 588,193 of the Finder’s Warrants each entitle the Finder to purchase one Common Share of the Company for a period of thirty-six months from closing, at an exercise price of $0.22.

All securities issued pursuant to this private placement, including the Common Shares underlying the Warrants, are subject to a statutory hold period which expires on September 23, 2024.

The completion of this private placement remains subject to final acceptance by the TSX Venture Exchange.

Stock Option Grant

Midnight Sun has granted stock options to purchase an aggregate of 4,600,000 Common Shares of the Company, at an exercise price of $0.225 per share, to certain directors, officers, employees, and consultants. 4,000,000 of these stock options are fully vested upon issuance and expire five years from the date of issue. 600,000 of the granted stock options vest 25% per quarter and expire one year from the date of issue. The stock options are granted pursuant to Midnight Sun’s 10% rolling stock option plan.

About Midnight Sun

Midnight Sun is focused on exploring our flagship Solwezi Project, located in Zambia. Situated in the heart of the Zambia-Congo Copperbelt, the second largest copper producing region in the world, our property is vast and highly prospective. Our Solwezi Project is surrounded by world-class producing copper mines, including Africa’s largest copper mining complex right next door, First Quantum’s Kansanshi Mine. Led by an experienced geological team with multiple discoveries and mines around the world to their credit, Midnight Sun intends to find and develop Zambia’s next generational copper deposit.

ON BEHALF OF THE BOARD OF MIDNIGHT SUN MINING CORP.

Al Fabbro

President & CEO

 

For Further Information Contact:

Adrian O’Brien

Director of Marketing and Communications

Tel: +1 604 809 6890

Em: adrian@midnightsunmining.com

 

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

These securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) and may not be offered or sold in the United States or to, or for the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) absent U.S. registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States.

This news release includes certain statements that may be deemed “forward-looking statements.” All statements in this release, other than statements of historical facts, the expected completion of the Offering, and the expected use of proceeds are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include, changes in market conditions, unsuccessful exploration results, changes in commodity price, unanticipated changes in key management personnel and general economic conditions. Mining exploration and development is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully, and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.