Mr. Niel Marotta reeports

SUN SUMMIT ANNOUNCES UPSIZED NON-BROKERED PRIVATE PLACEMENT OF UP TO $11.5 MILLION

Sun Summit Minerals Corp., due to significant investor demand, has increased the maximum gross proceeds of its previously announced non-brokered private placement from $7-million to $11.5-million. The private placement includes a combination of: (i) charity flow-through common shares in the capital of the company at a price of 14 cents per charity FT share; and (ii) non-flow-through common shares in the capital of the company at a price of 10 cents per NFT share. Each charity FT shares will qualify as a flow-through share within the meaning of Subsection 66(15) of the Income Tax Act (Canada).

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 charity FT shares to incur eligible Canadian exploration expenses that will qualify as flow-through mining expenditures as such terms are defined in the tax act.

"We are very grateful for the major support we have received from high-quality institutional and mining focused investors in this capital raise. This capital will fully fund our 2026 exploration program and help accelerate our progress towards an initial mineral resource estimate at JD," said Niel Marotta, chief executive officer of Sun Summit.

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. Eventus Capital Corp. has been appointed as a finder in connection with the private placement. The securities issued pursuant to 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.

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