Vancouver, B.C. – July 12, 2024: Sun Summit Minerals Corp. (TSX-V: SMN; OTCQB: SMREF) (the “Company” or “Sun Summit”) is pleased to announce that due to investor interest it is increasing the size of its non-brokered private placement announced on June 27, 2024 (the “Private Placement”) to consist in the total issuance of: (i) up to 3,584,285 flow-through units of the Company (each, a “FT Unit”) at a price of $0.21 per FT Unit, and (ii) up to 2,213,890 non-flow-through units of the Company (each, a “NFT Unit”) at a price of $0.18 per NFT Unit, for aggregate gross proceeds to the Company of up to $1,151,200. See the Company’s press release dated June 27, 2024 for further details on the Private Placement.

The closing of the Private Placement is subject to certain closing conditions, including the approval of the TSX Venture Exchange. The securities issued in the Private Placement will be subject to a four-month hold period in accordance with applicable securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements thereunder.

About Sun Summit

Sun Summit Minerals (TSX-V: SMN; OTCQB: SMREF) is a mineral exploration company focused on expansion and discovery of district scale gold and copper assets in British Columbia. The Company’s diverse portfolio includes the JD Project in the Toodoggone region of north-central B.C. and the Buck Project in central B.C.

Sun Summit is committed to environmental and social responsibility, with a focus on accountable development and building respectful and beneficial relationships with Indigenous and local communities.

Further details are available at www.sunsummitminerals.com.

On behalf of the board of directors

Brian Lock
Executive Chairman

For further information, contact:

Sharyn Alexander
President
info@sunsummitminerals.com 

Matthew Benedetto
Simone Capital
mbenedetto@simonecapital.ca 

Tel. 416-817-1226