Mr. Dale Wallster reports

SOUTHERN EMPIRE ACHIEVES U.S. LISTING UPGRADE TO THE OTCQB VENTURE MARKET

Southern Empire Resources Corp. has received approval for its common shares to be listed on the OTCQB Venture Market under the trading symbol SMPEF. Southern Empire common shares also trade in Canada on the TSX Venture Exchange under the symbol SMP as well as in Germany on the Frankfurt Stock Exchange under the symbol 5RE.

The OTCQB Venture Market, operated by OTC Markets Group Inc. of New York, N.Y., is the premier marketplace for early-stage and developing U.S. and international companies. It is recognized by the United States Securities and Exchange Commission as an established market, providing public information for the analysis and valuation of securities. U.S. investors can find quotes for, and information about, Southern Empire at the OTC Markets website.

Dale Wallster, chief executive officer of Southern Empire, commented: "We upgraded our listing from the [Pink Open Market] to the OTCQB based on feedback from American investors and changes to regulatory compliance requirements in the United States. Our OTCQB listing should help to: increase SMP's market exposure to American investors; provide them with easier access to trade our shares; diversify our shareholder base; and enhance our trading liquidity. Considering our key Oro Cruz project is in the southwestern USA, the OTCQB listing is of particular relevance for Southern Empire."

About Southern Empire Resources Corp.

Southern Empire is focused on the acquisition, exploration and development of metal and mineral deposits in North America.

In northeastern Durango state, Mexico, Southern Empire has an option to acquire a 100-per-cent beneficial interest in the 1,750-hectare Pedro gold project, where 2014 drilling by a subsidiary of Newmont Mining Corp. encountered epithermal gold mineralization within basal conglomerates of the Ahuichila formation (see Southern Empire's news release dated July 27, 2021, for further details).

In the Cargo Muchacho mountains of Imperial county in California, Southern Empire owns 100 per cent of the historical gold-producing American Girl mine property and holds options to acquire a 100-per-cent interest in the adjacent 2,160-hectare (5,338-acre) Oro Cruz property, located approximately 22.5 kilometres (14 miles) southeast of the operating Mesquite gold mine of Equinox Gold Corp.

At Oro Cruz, extensive historical drilling and large-scale open-pit and underground mining of the American Girl, Padre y Madre, Queen and Cross oxide gold deposits by the American Girl mining joint venture (ultimately owned 53 per cent by MK Gold Company and 47 per cent by Hecla Mining Company) occurred between 1987 and 1996. During that time, gold was recovered by either heap leaching lower-grade ores or milling higher-grade ores until AGMJV operations ceased in late 1996 (because of declining gold prices), leaving the Oro Cruz property with many gold exploration targets, in addition to the historical inferred resource estimate reported in 2011 by Lincoln Mining Corp., totalling 341,800 ounces of gold based on 4,386,000 tonnes averaging 2.2 grams per tonne Au at a cut-off grade of 0.68 g/t Au (4,835,000 tons at 0.07 ounce per ton Au).

We seek Safe Harbor.