Midnight Sun Mining Corp. is pleased to announce the Company's shareholders have approved the previously announced earn-in and joint venture agreement with Rio Tinto Mining and Exploration Limited . At Midnight Sun's annual general and special meeting of shareholders held on September 14, 2020 at Vancouver, British Columbia, the Company's shareholders voted overwhelmingly in support of the resolution approving the earn-in [...]
Midnight Sun Mining Corp. is pleased to announce the appointment of Alastair Brownlow as Chief Financial Officer effective as of August 1, 2020, replacing Wayne Moorhouse in this role. Mr. Brownlow is a Chartered Professional Accountant and a U.S. Certified Public Accountant specializing in resource-focused accounting and finance. Mr. Brownlow has accumulated extensive experience working as CFO of TSX Venture Exchange [...]
Midnight Sun Mining Corp. has increased and completed its previously announced non-brokered private placement by issuing 7,940,185 units at a price of $0.135 per Unit for gross proceeds of $1,071,925. Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share of the Company for a period of twenty-four months [...]
Midnight Sun Mining Corp. is pleased to announce a non-brokered private placement of up to 7,500,000 units at a price of $0.135 per Unit for gross proceeds of $1,012,500 . 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 twenty-four months from the closing of the [...]
Midnight Sun Mining Corp. has postponed filing its annual financial statements and management's discussion and analysis for the year ended December 31, 2019 due to logistics and delays caused by the COVID-19 pandemic. In response to the ongoing pandemic, securities regulatory authorities in Canada have granted a blanket exemption allowing issuers an additional 45 days to complete certain regulatory filings. The Company is [...]
Midnight Sun Mining Corp. is pleased to report the Company has entered into an earn-in and joint venture agreement with Rio Tinto Mining and Exploration Limited in which Rio Tinto can earn up to a 75% interest in the Solwezi Licences. The Solwezi Licences are comprised of two individual exploration licences totalling 506 square kilometres, situated in the North-Western Province of Zambia, adjacent to First Quantum's [...]
Midnight Sun Mining Corp. is pleased to report that the Company's earned 60% ownership of the Solwezi Licences has officially been transferred and registered in Zambia with the Patents and Companies Registration Agency. The licenses are held by a Zambian registered company, Zambian High Light Mining Investment Ltd., of which Midnight Sun is now a 60% shareholder through the Company's wholly owned subsidiary, Midnight Sun [...]
Not For Distribution To The United States Or For Dissemination In The United States Midnight Sun Mining Corp. has increased and completed its previously announced non-brokered private placement by issuing 2,773,334 units at a price of $0.12 per Unit for gross proceeds of $332,800. Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant entitles the holder [...]
Midnight Sun Mining Corp. is pleased to announce a non-brokered private placement of 1,666,667 units at a price of $0.12 per Unit for gross proceeds of $200,000 . 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 twenty-four months from the closing of the Offering [...]
Midnight Sun Mining Corp. is pleased to announce initial interpretive results from a 3,889 line-kilometre Versatile Time Domain Electromagnetic airborne geophysics survey conducted on the Solwezi Licences in Zambia . The VTEM survey has provided anomalous responses in several areas, providing the Company with previously unknown exploration targets as well as expanding the size of known targets. Image [...]
Midnight Sun Mining Corp. announces that Brett Richards has resigned as President and Chief Executive Officer , effective as of December 21, 2018. Mr. Richards will remain as a Director of the Company and will participate in the Board's process of identifying new candidates for the CEO position. Until a new CEO is appointed, Lead Director and former CEO of the Company, Al Fabbro, will serve as Interim CEO. "While other [...]
Midnight Sun Mining Corp. has completed the final tranche of its previously announced non-brokered private placement by issuing 1,301,000 units at a price of $0.12 per Unit for gross proceeds of $156,120. Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share of the Company for a period of twelve months from [...]