Brett Allan Richards, CEO, acquired 1,300,000 Common Shares on a direct ownership basis at a price of $0.120 through a prospectus or prospectus exempt offering on December 18th, 2018. The insider also acquired 1,300,000 Warrants with an exercise price of $0.200 for 12 months. This represents a $156,000 investment into the company's shares and an account share holdings change of 67.8%.
Midnight Sun Mining is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.
Midnight Sun Mining Corp. is an exploration-stage company. The Company is engaged in acquiring, exploring and evaluating mineral properties and joint venturing or developing the properties further or disposing of them when their evaluation is completed. The Company operates through the segment, being the acquisition and exploration of mineral properties. The Company holds an Option Agreement with Kam Chuen Resource Holdings Ltd., to acquire interest in approximately two mineral exploration permit licenses located near Solwezi, Zambia. The Solwezi Licenses covers an area of approximately 500 square kilometers and is located in the Zambian Copperbelt over 15 kilometers from the producing Kinsanshi copper/gold mine and approximately 450 kilometers northwest of the Zambian capital of Lusaka. The Company completed approximately 610 meters of diamond drilling in over five holes and conducted geochemical and geophysical programs at Solwezi project.
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