Mr. Brayden Sutton reports

SORRENTO RESOURCES TO SELL THREE NEWFOUNDLAND PROPERTIES TO GOLD HUNTER

Sorrento Resources Ltd. has entered into a purchase agreement dated May 29, 2024, with Gold Hunter Resources Inc. for the sale of certain mineral claims around Gold Hunter's newly optioned MT property.

Pursuant to the Agreement, Gold Hunter agreed to acquire 143 mineral claims located in Newfoundland, comprising the Jackson Arm, Silver Mountain and Taylor's Pond properties (the "Properties"), in exchange for a cash payment of $60,000 and the issuance of 1,000,000 common shares in the capital of Gold Hunter.

The Company expects to complete the sale in the coming weeks, following receipt of all necessary consents and approvals, including the approval of the CSE, and the satisfaction of customary closing conditions.

No finder's fees are payable in connection with the sale.

The Properties are subject to a 2% net smelter returns royalty held by Fair Haven Resources Inc, as well as a 1% net smelter returns royalty held by Gold Hunter (the "Gold Hunter NSR"). The Gold Hunter NSR is expected to be terminated on closing of the sale.

About the Company

Sorrento Resources is engaged in acquisition, exploration, and development of mineral property assets in Canada. The Company's objective is to locate and develop economic precious and base metal properties of merit in including the Wing Pond, Tom Joe, Silver Mountain, Jacksons Arm, and Taylor's Pond gold projects, the PEG lithium project, and the Harmsworth (VMS) project all located in Newfoundland.

We seek Safe Harbor.