Northern Sun Announces Final Court Approval for Arrangement

TORONTO, ON / ACCESSWIRE / April 19, 2016 / Northern Sun Mining Corp. NSC (the "Company" or "Northern Sun") is pleased to announce that it has obtained final court approval from the Ontario Superior Court of Justice (Commercial List) for the proposed plan of arrangement (the "Arrangement") between the Company and Regal Silver Investments Inc. (the "Purchaser") on Friday, April 15, 2016. The Company had already received approval for the Arrangement from its shareholders at a special meeting of its shareholders held on March 24, 2016. Pursuant to the Arrangement, the Purchaser will, pursuant to the court approval and subject to the final approval of the TSX Venture Exchange (the "Exchange"), acquire all of the Company's common shares (the "Shares") held by minority shareholders (i.e. all shareholders other than Jien International Investment Ltd.) at the offer price equal to $0.07 per Share. The Company anticipates the completion of the Arrangement to occur effective as of Friday, April 22, 2016.

After completion of the Arrangement, the Company will apply to have the Shares delisted from the Exchange and it will also apply to the applicable Canadian securities regulatory authorities to cease to be a reporting issuer in each province in which it is currently a reporting issuer.

For further information:

Please visit our website at www.northernsunmining.ca; follow us on Facebook, LinkedIn or Twitter @NorthernSunMine; or contact:

James Xiang
Interim President and Chief Executive Officer
Northern Sun Mining Corp.
Tel: 647-494-3811
Email: james.xiang@gmail.com

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 release.

This communication does not constitute an offer to purchase or exchange or the solicitation of an offer to sell or exchange any securities of Northern Sun, nor shall there be any sale or exchange of securities in any jurisdiction in which such offer, solicitation or sale or exchange would be unlawful prior to the registration or qualification under the laws of such jurisdiction. The distribution of this communication may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions.

Forward-Looking Information

Except for statements of historical fact relating to the Company, certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Such forward-looking information includes, but is not limited to, statements with respect to the potential completion and timing of the Arrangement and the potential benefits to the parties thereto and the Shareholders. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Statements with respect to the potential completion and timing of the Arrangement and the potential benefits to the parties thereto and the minority shareholders of the Company are subject to the risk of not obtaining all required approvals, including from the court and the Exchange. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that are incorporated by reference herein, except in accordance with applicable securities laws.

SOURCE: Northern Sun Mining Corp.