Midnight Sun Mining Corp. Grants Stock Options
28 Gennaio 2014 - 2:11AM
Marketwired
Midnight Sun Mining Corp. Grants Stock Options
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 27, 2014) -
Midnight Sun Mining Corp. (the "Company" or "Midnight Sun")
(TSX-VENTURE:MMA) announces that it has granted stock options to
purchase an aggregate of 550,000 common shares of the Company, at
an exercise price of $0.25 per share. The stock options were
granted pursuant to the Company's 10% rolling stock option plan,
are fully vested upon issuance, and shall expire 5 years from the
date of issue. Stock options were granted to a director, and
certain officers, employees and consultants of Midnight Sun.
About Midnight
Sun: Midnight Sun is a mineral exploration company with an
African focus. The Company has entered into a definitive agreement
to option a 60% interest in the Solwezi Licences in Zambia. This
option agreement is a part of an ongoing strategic alliance with
Kam Chuen Resource Holdings Ltd. Kam Chuen holds an exclusive
prospecting license portfolio of over 150 exploration permits
covering over 100,000 km2 in five African countries. As a result of
this Strategic Alliance, Kam Chuen has agreed to provide Midnight
Sun with full access to its portfolio, as well as first right of
refusal regarding the optioning of any of Kam Chuen's exploration
licenses. In exchange, Midnight Sun has agreed to offer Kam Chuen
technical expertise in the management and selection of
properties.
ON BEHALF OF THE BOARD
Robert Sibthorpe B.Sc.(Geology), M.B.A., President & CEO
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.
Midnight Sun Mining Corp.Al FabbroDirector604-351-8850
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