Sorrento Resources Closes Bottom Brook Option Agreement
Pursuant to the Option Agreement, the Company has issued 9,000,000 common shares in the capital of Sorrento (the " Sorrento Shares "). 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) project all located in Newfoundland.
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