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Midnight Sun Appoints Darin Wagner to Advisory Board

Management Changes

Midnight Sun Appoints Darin Wagner to Advisory Board

Vancouver, British Columbia, March 14 , 202 4 – Midnight Sun Mining Corp. (the

“Company” or “Mi dnight Sun”) (TSX -V: MMA / OTC : MDNGF) is pleased to announce the

appointment of Mr. Darin Wagner to the Company’s Advisory Board.

Al Fabbro, Midnight Sun’s President & CEO, stated: “As we move forward with the

exploration of our flagship Solwezi Project, it is imperative that we continue to bolster our

team. The breadth of experience Darin brings, particularly with his experience in Africa and

successfully leading a number of M&A transactions, will be invaluable to Midnight Sun. With

our recently announced Dumbwa earn -in with KoBold Metals, we gained a world -class

partner. We are now building the bench strength of our internal team, to position Midnight

Sun for success as we move forward at Solwezi. We are confi dent in saying that the quality

of the individuals involved with our project are a reflection of the quality of the Solwezi

Project itself.”

Mr. Wagner stated: “It is increasingly rare to find a junior explorer like Midnight Sun with a

highly successful exploration team making new discoveries in the stomping grounds of

major copper producers. Solwezi is a rare asset amongst junior explorers as evidence d by

the strong third -party interest in helping to move the project forward. The recent

agreement with KoBold Metals is a hugely significant milestone and shareholders should

be excited about what this means for the project. I congratulate Al and his team for their

foresight in finding a path to move the project forward, while protecting the upside for

Midnight Sun’s shareholders in today’s challenging markets. As one of those shareholders I

am thrilled by the recent developments at Solwezi and looking forward to being a part of

the excitement in the months ahead."

Mr. Wagner is a Professional Geologist with extensive experience building and leading

exploration stage companies, as well as guiding mineral exploration programs globally. He

has been directly involved in a number of M&A transactions and helped to raise several

hundred million dollars for mineral exploration since 1999.

In 1999 Mr. Wagner became Vice President, Exploration for New Millennium Metals Corp.

which was successfully merged with Platinum Group Metals Ltd. in 2002. Mr. Wagner

served as Exploration Manager for Platinum Group Metals through the acquisition,

discovery, and initial delineation of the multi- million-ounce Maseve PGE mine in South

Africa.

Mr. Wagner became President of Sydney Resource Corp. in 2005 and helped steer the

successful merger with Band Ore Resources to form West Timmins Mining Inc. in 2006. He

then served as President, CEO, Director, and Qualified Person for West Timmins Mining

through the discovery of the high-grade Thunder Creek and 144 gold deposits – which form

part of the Timmins West Mine Complex in Timmins, Ontario. He oversaw the acquisition of

West Timmins by Lake Shore Gold in an all- share deal valued at $424 million which was

completed in 2009.

He then founded Canadian explorer Balmoral Resources Ltd. and served as its President

and CEO through a series of gold and base metal discoveries culminating in its 2020

acquisition by Wallbridge Mining Company Ltd. in an all- share deal valued on closing at

$160 million. Mr. Wagner was also a co -founder of Falco Resources, a founding director of

NewCastle Gold (acquired by Equinox Gold in 2017) and served as an advisor to the

management of Nova Royalty Corp. up to its recent acquisition by Metalla Royalty and

Streaming. H e currently acts as a technical advisor to MAG Silver and to newly listed

Dryden Gold.

About Midnight Sun

Midnight Sun is focused on exploring our flagship Solwezi Project, located in Zambia.

Situated in the heart of the Zambia -Congo Copperbelt, the second largest copper

producing region in the world, our property is vast and highly prospective. Our Solwezi

Project is surrounded by world -class producing copper mines, including Africa’s largest

copper mining complex right next door, First Quantum’s Kan sanshi Mine. Led by an

experienced geological team with multiple discoveries and mines around the world to their

credit, Midnight Sun intends to find and develop Zambia’s next generational copper

deposit.

ON BEHALF OF THE BOARD OF MIDNIGHT SUN MINING CORP.

Al Fabbro

President & CEO

For Further Information Contact:

Adrian O’Brien

Director of Marketing and Communications

Tel: +1 604 809 6890

Em: [email protected]

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.

This news release contains “forward-looking statements” within the meaning of the applicable Canadian

securities legislation that are based on expectations, estimates, assumptions and projections as at the

date of this news release. The information in this news release about the timing and ability of the

Company and the earn- in agreement with KoBold; and any other information herein that is not a

historical fact may be “forward looking statements”. Any statement that involves discussions with

respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or

performance (which may, but not always , include phrases such as “anticipates”, “plans”, “scheduled”,

“believed” or “intends” or variations of such words and phrases or stating that certain actions, events or

results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements

of historical fact and may be forward- looking statements and are intended to identify forward- looking

statements.

Although the forward- looking statements contained in this news release are based upon what

management believes, or believed at the time, to be reasonable assumptions, the Company cannot

assure readers that actual results will be consistent with such forward- looking statements, as there may

be other factors that cause results not to be as anticipated, estimated or intended. N either the Company

nor any other person assumes responsibility for the accuracy and completeness of any such forward-

looking statements. The Company does not undertake, and assumes no obligation, to update or revise

any such forward- looking statements or forward -looking information contained herein to reflect new

events or circumstances, except as may be required by law.