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 announce a non-brokered private placement of 3,000,000 units (the
"Units") at a price of $0.125 per Unit for gross proceeds of $375,000 (the
"Offering"). Each Unit will consist of one (1) common share ("Common Share") in
the capital of the Company and one (1) Common Share purchase warrant (a
"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 Offering
at an exercise price of $0.30. The net proceeds from the Offering will be used
by the Company to fund its initial work commitments on its optioned Zambian
mineral exploration permits as well as general working capital. The Company
intends to close the Offering as soon as practicable.


The Offering, including the future issuance of the 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 Offering, 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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