Midnight Sun Postpones Filing of Annual Financial Statements and Md&a Due to COVID-19
MIDNIGHT SUN POSTPONES FILING OF ANNUAL FINANCIAL STATEMENTS AND
MD&A DUE TO COVID-19
Vancouver, British Columbia, April 28, 2020 -- Midnight Sun Mining Corp. (the "Company" or
"Midnight Sun") (TSX -V: MMA) has postponed filing its annual financial statements and
management’s discussion and analysis for the year ended December 31, 2019 (the “ Annual Financial
Information”) due to logistics and delays caused by the COVID-19 pandemic.
In response to the ongoing pandemic, securities regulatory authorities in Canada have granted
a blanket exemption allowing issuers an additional 45 days to complete certain regulatory
filings. The Company is relying on this exemptive relief which allows it to delay the filing of its
Annual Financial Information which would otherwise be required to be filed by April 29, 2020
under sections 4.2 and 5.1(2) of National Instrument 51-102.
The Company ’s Annual Financial Information and associated certi ficates will be available for
filing at the earliest opportunity, which is expected to occur on or before June 13, 2020. Until
such time as these documents are filed, Midnight Sun’s management and other insiders are
subject to a trading blackout that reflects the principles contained in section 9 of National Policy
11-207 – Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.
There has been a material business development since the date of the last interim financial
statements, which were filed on November 14, 2019. Please r efer to the news release issued
and filed on April 27, 2020, titled Midnight Sun Signs USD$51 Million Earn -In Agreement With
Rio Tinto, copies of which are available on SEDAR at www.sedar.com or the company’s website
at www.midnightsunmining.com.
ON BEHALF OF THE BOARD OF MIDNIGHT SUN MINING CORP.
Al Fabbro – Lead Director & Acting Chief Executive Officer
For Further Information Contact:
Al Fabbro
Lead Director
Tel: +1 604 351 8850
NEITHER THE TSX VENTURE EXC HANGE 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.
This news release includes certain statements that may be deemed "forward-looking
statements." All statements in this release, other than statements of historical facts, are
forward-looking statements. Although the Company believes the expectations expressed in
such forward -looking statements are based on reasonable ass umptions, 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 commodity prices, unanticipated changes in key
management personnel and general economic conditions. Mining exploration and development
is an inherently ris ky 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 sh ould 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.