Vancouver, British Columbia--(Newsfile Corp. - August 12, 2015) - Midnight Star Ventures (CSE: STV) is one of the latest new listings on the Canadian Securities Exchange and is trading under the symbol "STV".
The company completed an IPO offering of 2,057,800 shares at $0.10 per share, for gross proceeds of $205,780, with Wolverton Securities acting as agent for the offering.
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The company has an option to acquire an eighty percent (80%) interest in the "Fish Project", which is comprised of 56 unpatented mineral claims covering approximately 1,120 acres (453 hectares), located in the Esmeralda County, Nevada.
Earlier work formed the basis of a NI 43-101 compliant technical report, which was filed on SEDAR on November 14, 2007. This work provided a general understanding of the geological framework of the project area and resulted in the identification of widespread, locally strong silver, gold, copper, zinc and lead mineralization on dumps from prospect pits and exploration adits as well as a number of mineralized outcrops.
The company's exploration program will be primarily focused on staking additional claims adjacent to the Fish Project and conducting geochemical surveys. To date, the company has incurred exploration expenditures on the Fish Project with respect to the commission of the Technical Report and for the payment of claim maintenance fees.
The company has 12.2 million shares outstanding. For more information, contact David Ryan, President at 604-622-1186 email midnight.star.ventures@gmail.com.
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