Mr. Al Fabbro reports

MIDNIGHT SUN ANNOUNCES WARRANT EXTENSION

Midnight Sun Mining Corp. intends to extend the exercise period of a total of 5,619,714 share purchase warrants, all of which are exercisable at 50 cents per common share. The warrants were issued pursuant to a private placement which closed on July 2, 2021. The company proposes to extend the expiry dates for these warrants by an additional 12 months and, accordingly, the new expiry dates for the warrants will be July 2, 2024.

All other terms and conditions of the warrants remain unchanged. The warrant extension is subject to acceptance by the TSX Venture Exchange.

About Midnight Sun Mining Corp.

Midnight Sun is focused on its flagship Solwezi project, located in Zambia. Surrounded by world-class copper mines, including Africa's largest copper mining complex, First Quantum Minerals' Kansanshi mine, the Solwezi project is vast, highly prospective and located in the second-largest copper-producing region in the world. Led by an experienced geological team with multiple discoveries and mines around the world to its credit, Midnight Sun intends to find and develop Zambia's next generational copper deposit.