Mr. Brian Lock reports

SUN SUMMIT ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF FLOW-THROUGH UNITS AND NON-FLOW-THROUGH UNITS

Sun Summit Minerals Corp. intends to complete a non-brokered private placement consisting in the issuance of (i) up to 6,666,666 flow-through (FT) units of the company at a price of 15 cents per FT unit and (ii) up to 16,666,666 non-flow-through units (NFT) of the company at a price of 12 cents per NFT unit, for aggregate gross proceeds to the company of up to $3-million. Each FT unit will consist of one common share of the company issued on a flow-through basis under the Income Tax Act (Canada) and one-half of one common share purchase warrant of the company. Each FT warrant will entitle the holder to acquire one non-flow-through common share of the company at an exercise price of 18 cents per share for a period for 12 months from the date of issuance of the FT warrant. Each NFT unit will consist of one non-flow-through common share of the company and one-half of one common share purchase warrant of the company. Each NFT warrant will entitle the holder to acquire one non-flow-through common share of the company at an exercise price of 15 cents per share for a period for 12 months from the date of issuance of the NFT warrant.

The company intends to use the proceeds of the private placement for exploration and development of the company's mineral property interests in British Columbia, Canada, and for general working capital purposes. The gross proceeds from the issuance of all flow-through shares will be used to incur Canadian exploration expenses (CEE) and will qualify as flow-through mining expenditures under the Income Tax Act (Canada), which will be renounced to the purchasers of flow-through shares with an effective date no later than Dec. 31, 2024, in an aggregate amount no less than the proceeds raised from the issue of the flow-through shares.

The private placement is subject to the approval of the TSX Venture Exchange. The securities issued in the private placement will be subject to a four-month hold period in accordance with applicable securities laws.

About Sun Summit Minerals Corp.

Sun Summit Minerals is a mineral exploration company focused on expansion and discovery of district-scale gold and copper assets in British Columbia. The company's diverse portfolio includes the Buck project in central British Columbia and the JD project in the Toodoggone region of north-central B.C.

We seek Safe Harbor.