Mr. Alex Bugden reports
SORRENTO RESOURCES CLOSES BOTTOM BROOK OPTION AGREEMENT
Further to Sorrento Resources Ltd.'s news releases dated Oct. 16, 2025 and Oct. 30, 2025, the company has closed on the amended and restated option agreement dated Oct. 29, 2025, for the purchase of up to 100 per cent of Naughty Ventures' right, title, and interest in and to certain mineral claims commonly known as the Bottom Brook rare-earth element (REE) property located in the province of Newfoundland and Labrador.
Pursuant to the option agreement, the company has issued nine million common shares in the capital of Sorrento. Additionally, the company has issued 900,000 Sorrento shares to Kluane Capital FZCO as finder's fee. The Sorrento shares bear a hold period of four months and one day, expiring on March 21, 2026.
About Sorrento Resources Ltd.
Sorrento is engaged in the acquisition, exploration and development of mineral property assets in Canada. Sorrento's objective is to locate and develop economic precious, rare-earth element, gold and base metal properties of merit in including the Bottom Brook REE project, Rodgers Cove gold and the Harmsworth (VMS (volcanogenic massive sulphide)) project all located in Newfoundland.
We seek Safe Harbor.
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