Midnight Sun Mourns the Passing of Tookie Angus

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Vancouver, British Columbia, March 27, 2023 – The Board of Directors and management of Midnight Sun Mining Corp. (the “Company” or “Midnight Sun”) (TSX-V: MMA / OTCQB: MDNGF) are saddened to report the passing of R. Stuart “Tookie” Angus, who had served as a strategic advisor to the Company since 2016.

Al Fabbro, President and CEO of Midnight Sun, commented “Tookie was a true giant in our industry and Midnight Sun was both fortunate and honoured to have had him as an advisor, shareholder, and friend for the past number of years. The legacy he leaves behind will not be forgotten. His loss will be felt by many, and we offer his family our sincere condolences.”

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: +1 604 202 8165

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.

Midnight Sun Appoints Director of Marketing and Communications

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Vancouver, British Columbia, March 14, 2023 – Midnight Sun Mining Corp. (the “Company” or “Midnight Sun”) (TSX-V: MMA / OTCQB: MDNGF) is pleased to announce the appointment of Adrian O’Brien as Director of Marketing and Communications.
With over 20 years of experience in the mineral exploration and mining industry, Mr. O’Brien has acted in various capacities and has substantial experience at the senior management level, including officers’ and directors’ responsibilities. Over the course of Mr. O’Brien’s career, he has been involved in the exploration, development, and production phases of base and precious metals projects across Canada and the U.S. including the acquisition and development of the Lac Dore Vanadium Deposit in Quebec and the development of the Jackson’s Arm Gold Deposit in Newfoundland.
Since 2019, Mr. O’Brien has served as Director of Marketing and Communications for PureGold Mining, through the development and construction of their PureGold Mine, which began gold production in 2021. Mr. O’Brien has also served as Director and President of Kermode Resources, Director and President/CEO of Pro Minerals, Vice President of Apella Resources, and as a Director of The Prospectors and Developers Association of Canada.
“We are very pleased to welcome Adrian to the Midnight Sun Team.” stated Al Fabbro, President and CEO of Midnight Sun. “He brings a tremendous depth of experience and a unique, fresh approach to shareholder communications. As we work to unlock the full potential of the Solwezi Licences in Zambia, Adrian will play a critical role, putting his unique and complementary skillset to work for Midnight Sun and its shareholders.”
Stock Option Grant
Midnight Sun has granted stock options to purchase an aggregate of 3,300,000 Common Shares of the Company, at an exercise price of $0.21 per share, to certain directors, officers, employees, and consultants. The stock options are granted pursuant to Midnight Sun’s 10% rolling stock option plan, are fully vested upon issuance, and shall expire five years from the date of issue.
ON BEHALF OF THE BOARD OF MIDNIGHT SUN MINING CORP.

Al Fabbro
President & CEO

For Further Information Contact:
Al Fabbro
President & CEO
Tel: +1 604 351 8850

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 includes certain statements that may be deemed “forward-looking statements.” All statements in this release, other than statements of historical facts, 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 prices, 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.

Midnight Sun Mining Arranges Private Placement

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

Vancouver, British Columbia, January 6, 2023 — Midnight Sun Mining Corp. (the "Company" or "Midnight Sun") (TSX-V: MMA) has completed a non-brokered private placement by issuing 4,685,000 units (the "Units") at a price of $0.20 per Unit for gross proceeds of $937,000. 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 twenty-four months from closing, at an exercise price of $0.30.

Finder’s fees of $58,560 will be paid in cash and 292,800 Finder’s Warrants will be issued in connection with the Private Placement. Each Finder’s Warrant entitles the Finder to purchase one Common Share of the Company for a period of twenty-four months from closing, at an exercise price of $0.30.

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 May 7, 2023. 

The net proceeds of this offering will be used by the Company fund further exploration work on its Zambian mineral properties as well as general working capital.

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

ON BEHALF OF THE BOARD OF MIDNIGHT SUN MINING CORP.

Al Fabbro
President & CEO

For Further Information Contact:
Al Fabbro
Tel:  +1 604 351 8850

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 DEQUACY OR ACCURACY OF THIS NEW 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.