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Midnight Sun Welcomes Margot Naudie to Advisory Board

Management Changes

Midnight Sun Welcomes Margot Naudie to Advisory Board

Vancouver, British Columbia – June 4th, 2024 – Midnight Sun Mining Corp. (the “Company” or “Midnight

Sun”) (TSX-V: MMA / OTC: MDNGF) is pleased to announce the appointment of Margot Naudie to the

Company’s Advisory Board.

Al Fabbro, Midnight Sun’s President & CEO, stated: “On behalf of the directors and management, I

would like to welcome Margot to our team. I believe h er depth of capital markets experience ,

specializing in natural resources , will be invaluable as we move our Solwezi Project forward. 2024 has

already been a pivotal year for Midnight Sun. We have unveiled our two -fold attack plan : a significant

earn-in with KoBold Metals and working together with First Quantum Minerals to aggressively explore

two separate target areas, to unlock the tremendous value that we believe exists at Solwezi - and we are

well financed to execute this vision . To complement these plans , we have continued to advance our

organization by adding team members that I believe are top talents in our industry. We look forward to

working with Margot, to her insights and the contributions she will make , as we advance our Zambian

copper assets.”

Ms. Naudie stated “Throughout my career, I have had the opportu nity to evaluate, advise, and invest in

projects the world over. It is a rare opportunity to have a project located in a top mining jurisdiction,

surrounded by world-class mines and operators, with the right geology and multiple discoveries to date.

I believe that Midnight Sun has all the key pieces in place, and I am incredibly pleased to be a part of

both this team and this outstanding project."

Ms. Naudie is currently the President of Elephant Capital Inc. She has more than 25 years of capital

markets experience with expertise as a Senior Portfolio Manager for North American and global natural

resource portfolios. She has held senior roles at leading asset management firms including TD Asset

Management, Marret Asset Management Inc. , and the Canadian Pension Plan Investment Board. She

was cited as a Brendan Wood TopGun Investment Mind (Platinum) for five consecutive

years. Margot has a Bachelor of Arts in Politics and Economics from McGill University, an MBA from

Richard Ivey School of Business, and is a Chartered Financial Analyst (CFA) Charter holder.

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

Kansanshi 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, estimat es, 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 “anti cipates”, “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. Neither 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.