Vancouver, British Columbia--(Newsfile Corp. - May 26, 2020) - Midnight Sun Mining Corp. (TSXV: MMA) (the "Company" or "Midnight Sun") has increased and completed its previously announced non-brokered private placement by issuing 7,940,185 units (the "Units") at a price of $0.135 per Unit for gross proceeds of $1,071,925. Each Unit consists of one common share ("Common Share") in the capital of the Company and one Common Share purchase warrant ("Warrant"). Each Warrant entitles the holder to purchase one Common Share of the Company for a period of twenty-four months from closing, at an exercise price of $0.25.