Mr. Dale Wallster reports

SOUTHERN EMPIRE ANNOUNCES PRIVATE PLACEMENT FINANCING

Southern Empire Resources Corp. has arranged a non-brokered private placement financing of up to 15 million common shares of the company at a price of seven cents per share for gross proceeds of up to $1.05-million.

The securities issued pursuant to the offering will be subject to resale restrictions for a period of four months from the date of issue. Southern Empire may pay finders' fees equal to 6 per cent of the proceeds from such finders.

The funds raised by the offering will be used for exploration on Southern Empire's mineral properties as well as working capital purposes.

The offering is subject to acceptance by the TSX Venture Exchange.

About Southern Empire Resources Corp.

Southern Empire is focused on the acquisition, exploration and development of metals and minerals 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. At Pedro, in the spring of 2022, Southern Empire drilled gold mineralization approximately 800 metres from 2014 drilling by a subsidiary of Newmont Mining Corp. Gold mineralization, associated with highly anomalous arsenic (orpiment and realgar common), antimony, mercury and thallium, has been identified hosted in permeable basal conglomerates deposited during Oligocene extensional deformation, the latter forming widespread Basin and Range physiography along the easter part of Sierra Madre Occidental. Gold is present in 12 of the 17 holes drilled at Pedro to date. Please see Southern Empire's news releases posted on SEDAR+ for further details.

In the Cargo Muchacho mountains of Imperial county, California, Southern Empire owns 100 per cent of both the historical gold-producing American Girl mine property and 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 (AGMJV) occurred between 1987 and 1996. During that time, gold was recovered by either heap leaching of lower-grade ores or milling of 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 a historical inferred resource estimate, reported in 2011 by Lincoln Mining Corp., totalling 341,800 ounces gold based on 4,386,000 tonnes averaging 2.2 grams gold per tonne at a cut-off grade of 0.68 gram per tonne gold (4,835,000 tons at 0.07 ounce gold per ton).

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