Midnight Sun Announces Dtc Eligibility

MIDNIGHT SUN ANNOUNCES DTC ELIGIBILITY

Vancouver, British Columbia, March 9, 2022 – Midnight Sun Mining Corp. (the “Company” or “Midnight

Sun”) (TSX-V: MMA / OTCQB: MDNGF) is pleased to announce that common shares of the Company are

now eligible for electronic clearing and settlement through the Depository Trust Company (“DTC”) in the

United States.

DTC eligibility is expected to simplify the process of trading and enhance liquidity of the Co mpany's

common shares in the United States . With DTC eligibility, existing investors benefit from potentially

greater liquidity and execution speeds, as well as giving new investors an opportunity to efficiently

participate in the trading of Midnight Sun’s common shares where their previous investing platform did

not allow for non-DTC investing.

ON BEHALF OF THE BOARD OF MIDNIGHT SUN MINING CORP.

Al Fabbro

President & CEO

For Further Information Contact:

Al Fabbro

President & CEO

Tel: +1 604 351 8850

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 NEW RELEASE.