Core Viewpoint - Midnight Sun Mining Corp. has announced a bought deal financing agreement to raise C$10,000,800 through the sale of 7,408,000 units at C$1.35 per unit, with the offering expected to close on or about October 28, 2025 [1][6]. Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of one common share at C$2.00 for 24 months [2]. - The company has granted the underwriters an option to purchase an additional 15% of the offering, potentially raising up to C$1,500,120 [3]. - The net proceeds will be used for advancing exploration in Zambia and for working capital and general corporate purposes [3]. Group 2: Regulatory and Compliance Information - The units will be offered in all Canadian provinces except Québec, with no resale restrictions under the LIFE Exemption, while units under Private Placement Exemptions will have a hold period of four months and one day [4][5]. - The offering is subject to necessary approvals, including conditional listing approval from the TSX Venture Exchange [6]. Group 3: Compensation and Fees - The company will pay the underwriters a cash commission of 6.0% of the gross proceeds and issue transferable compensation options equal to 6.0% of the aggregate number of units sold [7]. Group 4: Company Overview - Midnight Sun is focused on exploring the Solwezi Project in Zambia, located in the Zambia-Congo Copperbelt, a major copper-producing region [10]. - The project is adjacent to significant copper mining operations, including First Quantum's Kansanshi Mine, and aims to discover and develop new copper deposits [10].