Bekanntmachung • Mar 03
Sorrento Resources Ltd. announced that it has received CAD 1.875 million in funding On March 2, 2026, Sorrento Resources Ltd closed the transaction. The company announced that it has issued 7,500,000 units of the Company (the “Units”) at a price of CAD 0.25 per Unit for gross proceeds of CAD 1,875,000 (the “Offering”). Each unit (a “Unit”) is comprised of one common share of the Company (a “Share”) and one common share purchase warrant of the Company (a “Warrant”). Each Warrant is exercisable to acquire one common share of the Company at an exercise price of CAD 0.35 per share for a period of 24 months, expiring March 2, 2028. Pursuant to the Offering, the Company has paid finder’s fees totaling CAD 23,000 and issued 84,000 non-transferable broker warrants (the "Broker Warrants"). Each Broker Warrant is exercisable to acquire one common share of the Company at an exercise price of CAD 0.35 per share for a period of 24 months, expiring March 2, 2028. Bekanntmachung • Feb 21
Sorrento Resources Ltd. Provides Update on Bottom Brook Drill Program, Newfoundland Sorrento Resources Ltd. provided an update on its ongoing diamond drill program at the Company's Bottom Brook Project in Newfoundland and Labrador. The drill program is progressing well, with six (6) holes completed totaling over 1,000 metres of diamond drilling. Based on encouraging visual observations and operational efficiencies, the Company has expanded the program to include a total of ten (10) drill holes for approximately 1,500 metres. The drill program has been designed to expand known mineralization along strike as well as up-dip and down-dip from historic intercepts. Two drill holes are planned to twin historical holes LP-07-09 (5.03 metres grading 4.37% TREO, including 1.05 metres of 11.02% TREO) and LP-08-17 (15.3 metres grading 1.16% TREO and 7.5 metres of 1.27% TREO). Drill core from these twin holes will be utilized for metallurgical test work, an important step in evaluating the project's development potential. Bekanntmachung • Feb 05
Sorrento Resources Ltd. announced that it expects to receive CAD 2 million in funding Sorrento Resources Ltd announced a non-brokered private placement of up to 8,000,000 units at a price of CAD 0.25 per Unit for gross proceeds of up to CAD 2,000,000 on February 4, 2026. Each unit (a “Unit”) is comprised of one common share of the Company (a “Share”) and one common share purchase warrant of the Company (a “Warrant”). Each Warrant will be exercisable to acquire one common share of the Company at an exercise price of CAD 0.35 per share for a period of 24 months from the date of closing. Pursuant to the Offering, the Company may pay a finder’s fee equal to up to 6% of the aggregate gross proceeds of the Offering and issue non-transferrable warrants of the Company equal to 6% of the number of Units sold under the Offering exercisable at any time prior to the date that is 24 months from the date of closing to acquire shares, at an exercise price of CAD 0.35. The Offering is scheduled to close on or about February 27, 2026 and completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange. Bekanntmachung • Nov 19
Sorrento Resources Ltd. announced that it has received CAD 3.175 million in funding from Canal Front Investments Inc. On November 18, 2025, SORRENTO RESOURCES LTD closed the transaction. The company announced that it has received aggregate gross proceeds of CAD 3,175,000. The company issued 4,200,000 premium flow-through units at a price of CAD 0.35 per Premium FT Unit for gross proceeds of CAD 1,470,000. Each Premium FT Unit will consist of one common share and one Common Share purchase warrant, 916,700 flow-through units at a price of CAD 0.30 per FT Unit for gross proceeds of CAD 275,010. Each FT Unit will consist of one Common Share and one-half of one Warrant; and 5,719,960 units at a price of CAD 0.25 per Unit for gross proceeds of CAD 1,429,990. Each Unit will consist of one common share and one Warrant. Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of CAD 0.35 per Warrant Share until November 18, 2027. The Company paid the Agent a cash commission of CAD 171,300 and granted the Agent 573,400 broker warrants (the "Broker Warrants"). In addition, the Agent received an advisory fee of approximately CAD 6,000 and 24,000 advisory broker warrants on the same terms as the Broker Warrants (together, the “Agent’s Warrants”). Each Agent’s Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of CAD 0.25 until November 18, 2027. The securities issued pursuant to the Offering are subject to resale restrictions under applicable Canadian securities legislation until March 19, 2026.
The transaction included participation from Canal Front Investments Inc 600,000 Units and 600,000 Commitment Warrants. Bekanntmachung • Oct 22
Sorrento Resources Ltd. announced that it expects to receive CAD 4.5 million in funding Sorrento Resources Ltd. announced a private placement on a best-efforts basis for issuance of 8,571,428 premium flow-through units at a price of CAD 0.35 per unit for gross proceeds of CAD 2,999,999.80; and 6,000,000 units at a price of CAD 0.25 per unit for gross proceeds of CAD 1,500,000; for aggregate gross proceeds of CAD 4,499,999.80 on October 20, 2025. Each premium flow-through unit will consist of one flow-through common share and one common share purchase warrant. Each warrant shall entitle the holder thereof to purchase one common share at an exercise price of CAD 0.35 per warrant share at any time up to 24 months following the closing. The Agent will have an option to offer for sale up to an additional 15% of the number of Premium FT Units and Units sold in the Offering, which Agent's Option is exercisable, in whole or in part, at any time up to 48 hours prior to the closing of the Offering. If the Agent's Option is exercised in full, the aggregate gross proceeds to the Company will be CAD 5,175,000. The offering is scheduled to close on or about October 30, 2025, or such other date as agreed upon between the Company and the Agent and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Canadian Securities Exchange. The Premium FT Units and Units and securities underlying the Broker Warrants to be issued under the Offering will have a hold period of four months and one day from Closing. In connection with the offering, the agent will receive an aggregate cash fee equal to 6% of the gross proceeds from the offering, including in respect of any exercise of the agent's option. In addition, the company will grant the agent, on date of closing, non-transferable broker warrants equal to 6% of the total number of premium ft units and units sold under the offering (including in respect of any exercise of the agent's option). each broker warrant will entitle the holder thereof to purchase one common share at an exercise price of CAD 0.25 per common share for a period of 24 months following the closing. Board Change • Sep 14
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Brent Clark was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Aug 29
Sorrento Resources Ltd. (CNSX:SRS) entered into a mineral property purchase agreement to acquire Seven Minerals Licenses in Rodgers Cove Project, Newfoundland for CAD 0.03 million. Sorrento Resources Ltd. (CNSX:SRS) entered into a mineral property purchase agreement to acquire Seven Minerals Licenses in Rodgers Cove Project, Newfoundland for CAD 0.03 million on August 26, 2025. Total consideration consists of (i) the payment of CAD 0.005 million in cash, (ii) the issuance of CAD 0.15 million in common shares of Sorrento Resources Ltd., and (iii) the grant of a 2% net smelter returns royalty on the Additional Claims, of which Sorrento Resources Ltd. may purchase 1.5% for a total of CAD 1 million.
Closing of the transaction remains subject to, without limitation, receiving all necessary consents and approvals, as well as the satisfaction of customary closing conditions. No finder’s fees are payable in connection with the transaction. All securities issued pursuant to the transaction will be subject to a statutory hold period of four months and one day from issuance. Bekanntmachung • Jun 05
Sorrento Resources Ltd. Announces the Resignation of Samantha Shorter as A Director Sorrento Resources Ltd. announced the resignation of Samantha Shorter as a Director of the Company. Bekanntmachung • May 07
Sorrento Resources Ltd. announced that it has received CAD 0.375 million in funding from Canal Front Investments Inc. On May 6, 2025, SORRENTO RESOURCES LTD. closed the transaction. The Company has allotted and issued 4,999,998 units (each, a “Unit”) at a purchase price of CAD Each unit will comprise one common share and half of one share purchase warrant. Warrant can be converted to one common share at a price of CAD 0.15 per share for a period of 36 months. In relation to the Placement, the Company has paid finder’s fees of CAD 2,800 and issued 37,333 finder’s warrants to an arm’s-length party, entitling the holder to acquire one share at a price of CAD 0.15 per share for a period of 36 months. Current insiders of the Company have subscribed for 1,466,665 Units for gross proceeds of CAD 109,999.87. The transaction included participation from returning investor Eric Sprott, through 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 3,000,000 Units pursuant to the Placement, at CAD 0.075 per Unit for total consideration of CAD 225,000. Prior to the Placement, investor beneficially owned or controlled 1,200,000 Shares of the Company representing approximately 4.7% of the outstanding common shares of the Company on a non-diluted basis. As a result of the Placement, investor now beneficially owns or controls 4,200,000 Shares and 1,500,000 Warrants of the Company representing approximately 13.7% on a non-diluted basis and 17.8% on a partially-diluted basis assuming the exercise of such Warrants. The transaction included participation from Canal Front Investments Inc. Board Change • Apr 29
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Josh Taylor was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Apr 23
Sorrento Resources Ltd. announced that it expects to receive CAD 0.375 million in funding Sorrento Resources Ltd announced a non-brokered private placement to issue 5,000,000 units at an issue price of CAD 0.075 per unit for the gross proceeds of CAD 375,000 on April 21, 2025. Each unit will comprise one common share and half of one share purchase warrant. Warrant can be converted to one common share at a price of CAD 0.15 per share for a period of 36 months. Finder's fees may be payable on all or any portion of the placement which is subject to regulatory and exchange approval. Board Change • Apr 08
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Josh Taylor was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Feb 03
Sorrento Resources Ltd., Annual General Meeting, Mar 28, 2025 Sorrento Resources Ltd., Annual General Meeting, Mar 28, 2025. Board Change • Jan 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Josh Taylor was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$485k free cash flow). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$3.63m market cap, or US$2.53m). Board Change • Jan 07
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Josh Taylor was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • Jun 13
Gold Hunter Resources Inc. (CNSX:HUNT) completed the acquisition of Jackson Arm, Silver Mountain and Taylor's Pond properties located in Newfoundland, Canada from Sorrento Resources Ltd. (CNSX:SRS) for CAD 0.21 million. Gold Hunter Resources Inc. (CNSX:HUNT) entered into a purchase agreement to acquire Jackson Arm, Silver Mountain and Taylor's Pond properties located in Newfoundland, Canada from Sorrento Resources Ltd. (CNSX:SRS) for CAD 0.21 million on May 29, 2024. Pursuant to the Agreement, Gold Hunter agreed to acquire 143 mineral claims located in Newfoundland, comprising the Jackson Arm, Silver Mountain and Taylor's Pond properties, in exchange for a cash payment of CAD 60,000 and the issuance of 1,000,000 common shares in the capital of Gold Hunter. The transaction is expected to complete in the coming weeks. Closing of the transaction is contingent on receipt of all necessary consents and approvals, including the approval of the CSE, and the satisfaction of customary closing conditions.
Gold Hunter Resources Inc. (CNSX:HUNT) completed the acquisition of Jackson Arm, Silver Mountain and Taylor's Pond properties located in Newfoundland, Canada from Sorrento Resources Ltd. (CNSX:SRS) on June 11, 2024. Bekanntmachung • May 30
Gold Hunter Resources Inc. (CNSX:HUNT) t has entered into a purchase agreement to acquire Jackson Arm, Silver Mountain and Taylor's Pond properties located in Newfoundland, Canada from Sorrento Resources Ltd. (CNSX:SRS) for CAD 0.21 million. Gold Hunter Resources Inc. (CNSX:HUNT) t has entered into a purchase agreement to acquire Jackson Arm, Silver Mountain and Taylor's Pond properties located in Newfoundland, Canada from Sorrento Resources Ltd. (CNSX:SRS) for CAD 0.21 million on May 29, 2024. Pursuant to the Agreement, Gold Hunter agreed to acquire 143 mineral claims located in Newfoundland, comprising the Jackson Arm, Silver Mountain and Taylor's Pond properties, in exchange for a cash payment of CAD 60,000 and the issuance of 1,000,000 common shares in the capital of Gold Hunter. The transaction is expected to complete in the coming weeks. Closing of the transaction is contingent on receipt of all necessary consents and approvals, including the approval of the CSE, and the satisfaction of customary closing conditions. Board Change • May 14
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director T. Taylor was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Bekanntmachung • May 09
Sorrento Resources Ltd. Appoints Alex Bugden as Director Sorrento Resources Ltd. announced that Mr. Alex Bugden P.Geo. has been appointed as the company's Qualified Person ("QP") within the meaning of National Instrument 43-101 -Standards of Disclosure for Mineral Projects("NI 43-101"), and as a director of the company. Mr. Bugden, P. Geo, holds a B.Sc (hons.) in Earth Science from Memorial University of Newfoundland. Mr. Bugden has over 5 years of experience in exploration, mining, and the oil and gas sectors in Canada with a particular focus in Newfoundland and Labrador. He has worked in a diverse set of geological environments as a contractor for an extensive list of junior exploration companies. During this time, he was responsible for project management and exploration field operations. Areas of expertise include volcanogenic massive sulphide, orogenic gold, and Lithium-Cesium-Tantalum pegmatite styles of mineralization. Bekanntmachung • Jan 19
Sorrento Resources Ltd. Receives Analytical Results from the Fall Geochemical Sampling Program Carried Out At the Wing Pond Property Sorrento Resources Ltd. announced that it has received analytical results from the fall geochemical sampling program carried out at the Wing Pond Property. In total 274 soil samples were collected across the Property in an approximate 400m x 400m spaced grid. In addition, 27 grab samples were collected over the course of the program. The geochemical sampling program produced 6 samples above the 98th percentile for gold (>16.54 ppb Au) and 6 samples above the 98thth percentile for arsenic (>106.32 ppm As) with the higher samples returning 254ppb Au and 0.27% As respectively. The anomalies in some cases are expressed as single point anomalies but there are several coincident areas with anomalous gold and arsenic values. The highlighted area in Figure 1 & 2 represents a high priority area for follow up in the next field program on the Property due to the association of gold and arsenic at known gold occurrences along the Wing Pond Shear Zone. Grab samples were collected in narrowly focused areas and returned results of no significant values. No grab samples were collected in the anomalous areas defined by the geochemical sampling program. All samples were analyzed at SGS Canada Inc. Samples were prepared at the SGS Grand Falls, NL site and analysis was performed at the SGS Burnaby, BC site. Samples were analyzed using a 2 Acid Leach (HCL/HNO3) with ICP-MS finish (GE_ARM3V25). SGS Canada Inc. accredited to ISO/IEC 17025:2017 standards and certified to ISO 9001:2015 standards. The Company will continue analysis of the field data collected which will be integrated with historical data sets to determine the next phase of follow-up work on the Property. New Risk • Nov 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$643k free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (CA$2.30m market cap, or US$1.66m). Minor Risks Less than 3 years of financial data is available. Share price has been volatile over the past 3 months (13% average weekly change). Bekanntmachung • Oct 13
Sorrento Resources Ltd., Annual General Meeting, Dec 14, 2023 Sorrento Resources Ltd., Annual General Meeting, Dec 14, 2023. Bekanntmachung • Sep 21
Sorrento Resources Ltd. Completes Prospecting Program on Peg Lithium Project Sorrento Resources Ltd. announced that it has completed the prospecting program on the PEG Lithium Property in Central Newfoundland as previously announced on August 10, 2023. Over the course of the prospecting program, 283 grab samples were collected and four new beryl occurrences were identified. The goal of the program was to expand on the known Snowshoe Pond occurrence and delineate new Lithium bearing pegmatites. Crews were successful in identifying numerous new pegmatites. Assays will determine if these pegmatites are indeed lithium bearing and all samples have been submitted to AGAT laboratories for analysis. Sorrento will provide results once they are received. The Property is located approximately 45 km south of Millertown and consists of one mineral license covering an approximate area of 4,525 ha. The mineral licenses are 100% held by Sorrento Resources Ltd. Access to the Property is via a well-maintained road connecting Millertown with the NALCOR hydroelectric facility at Granite Lake. The work program consisted of prospecting, mapping, and sampling of pegmatites and host rocks to determine the degree of pegmatite fractionation and any Lithium mineralization present. These results will be used as exploration vectors for future work programs on the Property. Bekanntmachung • Jun 07
Sorrento Resources Ltd. (CNSX:SRS) entered into a mineral property purchase agreement to acquire from Gold Hunter Resources Inc. (CNSX:HUNT) for CAD 0.35 million. Sorrento Resources Ltd. (CNSX:SRS) entered into a mineral property purchase agreement to acquire from Gold Hunter Resources Inc. (CNSX:HUNT) for CAD 0.35 million on June 5, 2023. Under the terms of the acquisition, Sorrento Resources will pay CAD 0.05 cash and will issue 1 million common shares to Gold Hunter, which shares will be subject to a statutory hold period of four months and one day following completion of the acquisition. The Property is subject to a 2% net smelter returns royalty held by Fair Haven Resources Inc. The transaction is expected to close on or around June 13, 2023.