Midnight Sun Mining Corp. Private Placement Update
May 23 2014 - 4:25PM
Marketwired Canada
NOT FOR DISTRIBUTION TO THE UNITED STATES OR FOR DISSEMINATION IN THE UNITED STATES
Midnight Sun Mining Corp. (the "Company" or "Midnight Sun") (TSX VENTURE:MMA) is
pleased to provide an update on the non-brokered private placement (the
"Placement") announced March 27, 2014. The Company is encouraged by the market
response to the Placement and expects the Placement to close on or before May
30th.
The private placement offering, including the future issuance of common shares
and warrants, is subject to the final approval of the TSX Venture Exchange. All
securities issued will be subject to a hold period of four months and one day
pursuant to applicable securities laws.
ON BEHALF OF THE BOARD
Robert Sibthorpe, President & CEO
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 NEWS 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.
This news release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other than
statements of historical facts, the expected completion of the Placement, and
the expected use of proceeds 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 the price of
gold, 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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Midnight Sun Mining Corp.
Al Fabbro
Director
604-351-8850
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