Entries by Craig Paterson
Midnight Sun Announces Resignation of CEO
Vancouver, British Columbia, December 20, 2018 – Midnight Sun Mining Corp. (the “Company” or “Midnight Sun”) (TSX-V: MMA) announces that Brett Richards has resigned as President and Chief Executive Officer (together, “CEO”), effective as of December 21, 2018.
Midnight Sun Mining Completes Private Placement
Vancouver, British Columbia, December 19, 2018 — Midnight Sun Mining Corp. (the “Company” or “Midnight Sun”) (TSX-V: MMA) has completed the final tranche of its previously announced non-brokered private placement by issuing 1,301,000 units (the “Units”) at a price of $0.12 per Unit for gross proceeds of $156,120. Each Unit consists of one common share (“Common Share”) in the capital of the Company and one Common Share purchase warrant (“Warrant”). Each Warrant entitles the holder to purchase one Common Share of the Company for a period of twelve months from closing, at an exercise price of $0.20.
Midnight Sun Mining Corp. Completes Second Tranche of Private Placement
Vancouver, British Columbia, December 3, 2018 — Midnight Sun Mining Corp. (the "Company" or "Midnight Sun") (TSX-V: MMA) is pleased to announce the completion of the second tranche of its previously announced non-brokered private placement by issuing 2,575,000 units (the "Units") at a price of $0.12 per Unit for gross proceeds of $309,000. Each Unit consists of one common share ("Common Share") in the capital of the Company and one Common Share purchase warrant ("Warrant"). Each Warrant entitles the holder to purchase one Common Share of the Company for a period of twelve months from closing, at an exercise price of $0.20.
Midnight Sun Mining Corp. Completes First Tranche of Private Placement
Vancouver, British Columbia, October 31, 2018 — Midnight Sun Mining Corp. (the “Company” or “Midnight Sun”) (TSX-V: MMA) is pleased to announce the completion of the first tranche of its previously announced non-brokered private placement by issuing 4,458,000 units (the “Units”) at a price of $0.12 per Unit for gross proceeds of $534,960. Each Unit consists of one common share (“Common Share”) in the capital of the Company and one Common Share purchase warrant (“Warrant”). Each Warrant entitles the holder to purchase one Common Share of the Company for a period of twelve months from closing, at an exercise price of $0.20.
Midnight Sun Amends Warrant Terms
Vancouver, British Columbia, October 23, 2018 – Midnight Sun Mining Corp. (the “Company” or “Midnight Sun”) (TSX-V: MMA) announces the extension of the expiry date of all outstanding common share purchase warrants (the “Warrants”) issued pursuant to private placement offerings of the Company
Midnight 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.
Midnight Sun Appoints Chief Operating Officer
Vancouver, British Columbia, October 3, 2018 – Midnight Sun Mining Corp. (the “Company” or “Midnight Sun”) (TSX-V: MMA) is pleased to announce the appointment of Wayne Moorhouse as Chief Operating Officer (“COO”) with immediate effect. In the newly created COO position, he will be responsible for the efficient advancement of the Solwezi copper-cobalt property located […]
Midnight Sun Terminates Letter Of Intent And Term Sheet To Acquire Remaining 40% Of Partnership
Vancouver, British Columbia, October 1, 2018 – Midnight Sun Mining Corp. (the “Company” or “Midnight Sun”) (TSX-V: MMA) announces the termination of the previously announced letter of intent and term sheet with Kam Chuen Resource Holdings Inc. (“Kam Chuen”) to acquire the remaining 40% interest in Zambian High Light Mining Investment Limited (See news release […]
Midnight Sun Receives Phase One Assays
Vancouver, British Columbia, August 27, 2018 – Midnight Sun Mining Corp. (the “Company” or “Midnight Sun”) (TSX-V: MMA) is pleased to report initial results of its Phase One 2018 exploration program on its Zambian copper-cobalt properties, the Solwezi Group of Licences (“Solwezi Licences”) located in the North-Western province of Zambia. Phase One work included 7 diamond drill holes totalling 1,503 meters and 234 air core holes totalling 10,424 meters at the Mitu target, as well as ground and airborne geophysical surveys.
