Sorrento Resources Closes Bottom Brook Option Agreement

Core Viewpoint - Sorrento Resources Ltd. has successfully closed an amended and restated option agreement to acquire up to 100% of the Bottom Brook rare earth element property in Newfoundland and Labrador [1] Group 1: Agreement Details - The Option Agreement was dated October 29, 2025, and follows previous announcements made on October 16, 2025, and October 30, 2025 [1] - The Company has issued 9,000,000 common shares as part of the agreement, along with an additional 900,000 shares as a finder's fee to Kluane Capital FZCO [2] - The issued shares are subject to a hold period of four months and one day, expiring on March 21, 2026 [2] Group 2: Company Overview - Sorrento Resources Ltd. focuses on the acquisition, exploration, and development of mineral property assets in Canada [3] - The Company's objective includes locating and developing economic properties related to precious metals, rare-earth elements, gold, and base metals, with notable projects including Bottom Brook REE, Rodgers Cove Gold, and Harmsworth [3]