Mr. Niel Marotta reports
SUN SUMMIT LISTS WARRANTS ON THE TSXV
The TSX Venture Exchange has accepted for listing up to 102,583,760 common share purchase warrants of Sun Summit Minerals Corp. for trading on the TSX-V. The warrants are expected to commence trading on the TSX-V at the open of markets on Feb. 27, 2026, under the trading symbol SMN.WT.
The warrants were issued pursuant to a non-brokered private placement of the company closed on May 30, 2025, pursuant to which the company issued: (i) 40,868,432 charity flow-through (FT) units of the company at a price of 10.5 cents per charity FT unit; (ii) 33,832,770 flow-through units of the company at a price of 7.5 cents per FT unit; and (iii) 47,338,602 non-flow-through (NFT) units at a price of seven cents per NFT unit, for aggregate gross proceeds to the company of $10,142,345, representing a partial exercise of the company's overallotment option. For more information about the private placement, please refer to the company's news release dated June 2, 2025, which is available under the company's SEDAR+ profile.
Each warrant entitles the holder thereof to purchase one common share in the capital of the company at a price of 11 cents per common share until May 30, 2027. The warrants are governed by the terms of a warrant indenture dated Feb. 26, 2026, between the company and Computershare Trust Company of Canada as warrant agent, a copy of which is available under the company's SEDAR+ profile. For further details regarding the warrants, please refer to the warrant indenture.
No action is required by holders of warrants as a result of this listing of the warrants. Holders of warrants will receive DRS statements from the warrant agent representing the reissued warrants under the warrant indenture, which shall bear the Cusip number of the listed warrants and may be deposited with the holder's broker in order to facilitate trading their warrants on the TSX-V. Holders may exercise their warrants at any time prior to the expiry thereof, by delivering a completed and executed copy of the exercise notice, together with payment of the aggregate exercise price, to the warrant agent. The exercise notice is available to holders of warrants on request from the warrant agent, from their respective brokers, or from the warrant indenture, a copy of which is available under the company's SEDAR+ profile.
About Sun Summit Minerals Corp.
Sun Summit Minerals is a mineral exploration company focused on the discovery, expansion and advancement of district-scale gold and copper assets in British Columbia. The company's diverse portfolio includes the JD and Theory projects in the Toodoggone region of north-central British Columbia, and the Buck project in central B.C.
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