Mr. Niel Marotta reports

SUN SUMMIT ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF UP TO $3.5 MILLION

Sun Summit Minerals Corp. has arranged a non-brokered private placement of a combination of: (i) charity flow-through units of the company at a price of 10.5 cents per charity FT unit; (ii) flow-through units of the company at a price of 7.5 cents per FT unit; and (iii) non-flow-through units at a price of seven cents per NFT unit, for aggregate gross proceeds of up to $3.5-million.

Each charity FT unit will consist of one charity-flow-through common share in the capital of the company and one common share purchase warrant that will each qualify as a flow-through share within the meaning of Subsection 66(15) of the Income Tax Act (Canada).

Each FT unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant that will each qualify as a flow-through share within the meaning of the tax act.

Each NFT unit will consist of one non-flow-through common share in the capital of the company and one common share purchase warrant.

Each charity FT warrant, FT warrant and NFT warrant will entitle the holder thereof to acquire one common share at a price of 11 cents for a period of two years following the closing of the private placement.

The company intends to use all of the gross proceeds of the private placement for exploration of the company's JD, Theory and Buck properties and any other Canadian properties that the company may acquire, provided that the company will use an amount equal to the gross proceeds received by the company from the sale of the FT units to incur eligible Canadian exploration expenses that will qualify as flow-through mining expenditures as such terms are defined in the tax act.

The closing of the private placement is subject to certain closing conditions, including the approval of the TSX Venture Exchange. The company may pay finders' fees in cash or securities to certain arm's-length finders engaged in connection with the private placement, subject to the approval of the TSX-V. 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 the discovery 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.

We seek Safe Harbor.