https://www.midnightsunmining.com/wp-content/uploads/Midnight-Sun-Mining-logo.png 0 0 Craig Paterson https://www.midnightsunmining.com/wp-content/uploads/Midnight-Sun-Mining-logo.png Craig Paterson2018-10-17 14:26:162018-10-17 14:32:21Midnight Sun Mining Corp. Announces Private Placement
Vancouver, British Columbia, October 17, 2018 -- Midnight Sun Mining Corp. (the "Company" or "Midnight Sun") (TSX-V: MMA) is pleased to announce a non-brokered private placement of 8,333,334 units (the "Units") at a price of $0.12 per Unit for gross proceeds of $1,000,000 (the “Offering”). Each Unit will consist of one (1) common share ("Common Share") in the capital of the Company and one (1) Common Share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one Common Share of the Company for a period of twelve months from the closing of the Offering at an exercise price of $0.20. The Company intends to close the Offering as soon as practicable.