Mr. Brian Lock reports

SUN SUMMIT ANNOUNCES FURTHER INCREASE IN SIZE OF NON-BROKERED PRIVATE PLACEMENT

Sun Summit Minerals Corp., due to investor interest, is further increasing the size of its non-brokered private placement, initially announced on June 27, 2024, and updated on July 12, 2024, to consist in the total issuance of: (i) up to 3,809,524 flow-through (FT) units of the company at a price of 21 cents per FT unit; and (ii) up to 2,777,778 non-flow-through (NFT) units of the company at a price of 18 cents per NFT unit, for aggregate gross proceeds to the company of up to $1.3-million. See the company's news release dated June 27, 2024, for further details on the private placement.

The closing of the private placement is subject to certain closing conditions, including 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 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 JD project in the Toodoggone region of north-central B.C. and the Buck project in central B.C.

Sun Summit is committed to environmental and social responsibility, with a focus on accountable development, and building respectful and beneficial relationships with indigenous and local communities.

We seek Safe Harbor.