Midnight Sun Mining Corp. Grants Stock Options
January 27 2014 - 7:10PM
Marketwired Canada
Midnight Sun Mining Corp. (the "Company" or "Midnight Sun") (TSX VENTURE:MMA)
announces that it has granted stock options to purchase an aggregate of 550,000
common shares of the Company, at an exercise price of $0.25 per share. The stock
options were granted pursuant to the Company's 10% rolling stock option plan,
are fully vested upon issuance, and shall expire 5 years from the date of issue.
Stock options were granted to a director, and certain officers, employees and
consultants of Midnight Sun.
About Midnight Sun: Midnight Sun is a mineral exploration company with an
African focus. The Company has entered into a definitive agreement to option a
60% interest in the Solwezi Licences in Zambia. This option agreement is a part
of an ongoing strategic alliance with Kam Chuen Resource Holdings Ltd. Kam Chuen
holds an exclusive prospecting license portfolio of over 150 exploration permits
covering over 100,000 km2 in five African countries. As a result of this
Strategic Alliance, Kam Chuen has agreed to provide Midnight Sun with full
access to its portfolio, as well as first right of refusal regarding the
optioning of any of Kam Chuen's exploration licenses. In exchange, Midnight Sun
has agreed to offer Kam Chuen technical expertise in the management and
selection of properties.
ON BEHALF OF THE BOARD
Robert Sibthorpe B.Sc.(Geology), M.B.A., 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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Midnight Sun Mining Corp.
Al Fabbro
Director
604-351-8850
Midnight Sun Mining (TSXV:MMA)
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