Mr. Niel Marotta reports

SUN SUMMIT ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF UP TO $4 MILLION TO EXPAND THE 2026 DRILL PROGRAM AT THE JD PROJECT TO 15,000 METERS

Sun Summit Minerals Corp. has arranged a non-brokered private placement for aggregate gross proceeds to the company of up to $4-million including a combination of: (i) charity flow-through common shares in the capital of the company at a price of 14.5 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 have nearly completed our 10,000-metre drill program at JD, well ahead of schedule and under budget -- putting us in a great position heading into the back half of the season. Rather than step back, we want to keep the drills turning. We expect to drill an additional 2,000 metres beyond our original plan at Creek and Finn, and the proceeds of this offering will fund a further 3,000 metres at the Schmitt zone -- bringing the 2026 program to 15,000 metres in total.

"The Schmitt zone is located west of and contiguous to the Finn zone within the 4.5-kilometre Creek-to-Finn corridor. This drill program is designed to evaluate mineralization continuity to the west of the Finn zone, with the potential to add ounces to our inaugural MRE targeted for Q1 2027. We are grateful for the continued shareholder support that makes this possible," said Niel Marotta, chief executive officer, Sun Summit Minerals.

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, expansion and advancement of district-scale gold and copper assets in British Columbia. The company's portfolio is anchored by its flagship JD project, alongside the Theory project and the Orbit project in the prolific Toodoggone region of north-central British Columbia, and the Buck project in central B.C.

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