Midnight Sun Mining Corp. 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 , 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 Mining Corp. announces that, further to its August 29, 2024 news release, the renewal application for Large Scale Exploration Licence 21509-HQ-LEL , which includes the Kazhiba target, was never rejected as had been previously indicated, incorrectly, in an online public notice dated June 17, 2024. The Mining Cadastre Portal has since been updated to reflect this. The Zambian Ministry of Mines and Minerals [...]
Midnight Sun Mining Corp. reports that the Zambian Ministry of Mines and Minerals Development has published a decision on its website indicating the Company's renewal application for Large Scale Exploration Licence 21509-HQ-LEL , 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 [...]
Midnight Sun Mining Corp. intends to extend the exercise period of a total of 5,619,714 share purchase warrants, all of which are exercisable at $0.50 per common share . The Warrants were issued pursuant to a private placement which closed on July 2, 2021. The Company proposes to extend the expiry dates for these Warrants by an additional twelve months and accordingly the new expiry dates for the Warrants will be July 2 [...]
Midnight Sun Mining Corp. 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 [...]
Midnight Sun Mining Corp. is pleased to announce the appointment of Margot Naudie to the Company's Advisory Board. Al Fabbro, Midnight Sun's President & CEO, stated: "On behalf of the directors and management, I would like to welcome Margot to our team. I believe her depth of capital markets experience, specializing in natural resources, will be invaluable as we move our Solwezi Project forward. 2024 has already been a [...]
Midnight Sun Mining Director of Marketing and Communications Adrian O'Brien joined Steve Darling from Proactive to to announce the successful closure of a $10 million financing round, surpassing their initial target of $3.3 million due to high demand. This financing round follows their recent partnership with First Quantum and underscores their commitment to advancing two major projects. The first project centers on a [...]
Midnight Sun Mining Corp. is pleased to announce that the Company has now closed its previously announced non-brokered private placement for gross total proceeds of $10,000,000. Under the Offering, the Company sold 45,454,544 units of the Company 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 [...]
Midnight Sun Mining Corp. is pleased to announce that the Company has now closed the books on its previously announced non-brokered private placement at $10,000,000. Overwhelming demand for the financing led to the receipt of $10,000,000 in subscription agreements. Under the revised Offering, the Company intends to sell up to 45,454,545 units of the Company at a price of $0.22 per Unit. Each Unit will consist of one [...]
Midnight Sun Mining Corp. is pleased to announce that due to significant investor demand, the Company has increased the maximum gross proceeds of its previously announced non-brokered private placement from $3,300,000 to $4,400,000. Under the revised Offering, the Company intends to sell up to 20,000,000 units of the Company at a price of $0.22 per Unit. Each Unit will consist of one common share of the Company and one [...]
Midnight Sun Mining Corp. is pleased to announce a non-brokered private placement of up to 15,000,000 units at a price of $0.22 per Unit for gross proceeds of $3,300,000 . Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant will entitle the holder to purchase one Common Share of the Company for a period of thirty-six months from the closing of the [...]
Midnight Sun Mining is pleased to announce that a cooperative exploration plan has been established between the Company and First Quantum Minerals to jointly define potential feed sources for First Quantum's SX/EW oxide copper circuit at the Kansanshi Mine. Midnight Sun will work closely with First Quantum to delineate and evaluate the potential grade and metallurgy of the possible oxide ore types. Exploration work on [...]
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