Mr. Dale Wallster reports

SOUTHERN EMPIRE CLOSES OVERSUBSCRIBED PRIVATE PLACEMENT FINANCING

Southern Empire Resources Corp. has closed its previously announced non-brokered private placement financing of 26,152,200 common shares at a price of seven cents per common share for gross proceeds of up to $1,830,654. This represents an oversubscription of $80,654 from the amount previously announced on May 26, 2026.

The securities issued under the offering are subject to resale restrictions for a period of four months from the date of issue. In connection with the offering, the company paid total finders' fees of $39,000. The proceeds from the offering will be used for exploration on Southern Empire's mineral properties, as well as for general working capital purposes.

Dale Wallster, the chief executive officer and a director of the company, subscribed for 437,967 common shares in the offering for $30,657.69 through Mackenzie Corp. Andrew Davidson, the chief financial officer and a director of the company, subscribed for 1.2 million common shares in the offering for $84,000 through Jaelky Holdings Inc.

The participations by Mr. Wallster and Mr. Davidson constitute related-party transactions as defined under Multilateral Instrument 61-101. However, the company expects to be exempt from the formal valuation and minority shareholder approval requirements of sections 5.5(a) and 5.7(a) of MI 61-101 as the value of their combined participation does not exceed 25 per cent of the company's market capitalization.

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. 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 eastern part of Sierra Madre Occidental. Gold is present in 12 of the 17 drill holes drilled at Pedro to date. Please see Southern Empire's news release posted on SEDAR+ for further details.

In the Cargo Muchacho Mountains of Imperial county, California, Southern Empire owns 100 per cent of the historical gold-producing Americal 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 Americal Girl mining joint venture occurred between 1987 and 1996. During that time, gold was recovered by either heap leaching of lower-grade, 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 tonnes at 0.07 ounce of gold per ton).

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