Midnight Sun Mining Corp. is pleased to announce Rio Tinto Mining and Exploration Limited have commenced their initial 2021 exploration campaign on Midnight Sun's Solwezi Licences in Zambia. Rio Tinto is in Stage 1 of the previously announced Earn-In and Joint Venture Agreement . The initial 2021 work program budget is USD $3,200,000 and is expected to be completed in late June. Results of this exploration work will [...]
Midnight Sun Mining Corp. is pleased to announce that Rio Tinto Mining and Exploration Limited have delivered formal notice that they have completed the Initial Work Program phase of the earn-in and joint venture agreement on Midnight Sun's Solwezi Licences by incurring project expenditures in excess of USD $3,000,000, and are proceeding to Stage 1. Under Stage 1 of the Earn-In Agreement, Rio Tinto may earn a 51% interest [...]
Midnight Sun Mining Corp. is pleased to announce all subjects and conditions relating to the previously announced earn-in and joint venture agreement between Midnight Sun and Rio Tinto Mining and Exploration Limited have been removed by the two parties, and the agreement has received final approval from the TSX Venture Exchange. Under the terms of the agreement, Rio Tinto can earn up to a 75% interest in Midnight Sun's [...]
Midnight Sun Mining Corp. is pleased to announce it has increased its ownership of the Solwezi Licences to 80.65% from 60.00%. Midnight Sun holds the Solwezi License through two wholly owned subsidiaries, Midnight Sun Mining Zambia Ltd. and Midnight Sun Two Corp. Comprised of two individual exploration licences totalling 506 square kilometres, the Solwezi Licences are situated in the North-Western Province of Zambia on [...]
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 [...]
