Midnight Sun Closes Oversubscribed C$30,475,575 "Bought Deal" LIFE Offering

Vancouver, British Columbia--(Newsfile Corp. - October 28, 2025) - Midnight Sun Mining Corp. (TSXV: MMA) (OTCQX: MDNGF) ("Midnight Sun" or the "Company") is pleased to announce that it has closed its previously announced upsized "bought deal" financing (the "Offering") for aggregate gross proceeds of C$30,475,575, including the full exercise of the Underwriters' Option.The Offering consisted of the issuance and sale of 22,574,500 units of the Company (the "Units") at a price per Unit of C$1.35..
Vancouver, British Columbia--(Newsfile Corp. - October 28, 2025) - Midnight Sun Mining Corp. (TSXV: MMA) (OTCQX: MDNGF) ("Midnight Sun" or the "Company") is pleased to announce that it has closed its previously announced upsized "bought deal" financing (the "Offering") for aggregate gross proceeds of C$30,475,575, including the full exercise of the Underwriters' Option.The Offering consisted of the issuance and sale of 22,574,500 units of the Company (the "Units") at a price per Unit of C$1.35..