Sentinel Resources Closes $2,000,000 Private Placement Financing

T - 604.689.7422 F - 604.689.7442 204 – 998 Harbourside Drive North Vancouver, BC V7P 3T2

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SENTINEL RESOURCES CLOSES $2,000,000 PRIVATE PLACEMENT

FINANCING

Vancouver, British Columbia, August 5, 2021 – Sentinel Resources Corp. (CSE: SNL)(US

OTC PINK: SNLRF) (“Sentinel” or the “Company”) is pleased to announce that it has closed

its non-brokered private placement by issuing 11,764,706 Units (as defined below) at a price of

$0.17 per Unit for gross proceeds of $2,000,000 (the “Financing”).

Each Unit consists of one common share of the Company and one share purchase warrant (each a

“Warrant”), with each Warrant entitling the holder to purchase one additional common share for a

period of one year from the date of issue at an exercise price of $0.23 per share.

All securities issued under the Financing are subject to a four month and one day hold expiring

December 6, 2021. The Company paid finders fees totalling $87,084.59 and issued 512,262

brokers Warrants.

Certain directors and insiders of the Company acquired 118,000 Units pursuant to the Financing

(the “Insider Participation”). The Insider Participation will be considered to be a related party

transaction” as defined under Multilateral Instrument 61 -101 (“MI 61 -101”). The Insider

Participant is exempt from the formal valuation and minority shareholder approval requirements

of MI 61-101.

This news release does not constitute an offer to sell, or solicitation of an offer to buy, nor will

there be any sale of any of the securities offered in any jurisdiction where such offer, solicitation

or sale would be unlawful, including the United States of America. The securities being offered as

part of the Financing have not been, and will not be, registered under the United States Securities

Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly

may not be offered or sold in the United States except in compliance with the regi stration

requirements of the U.S. Securities Act and any applicable state securities laws, or pursuant to

available exemptions therefrom.

About Sentinel Resources

Sentinel Resources is a Canadian -based exploration company focused on the acquisition and

exploration of mineral projects with world-class potential. Its current portfolio includes precious

metals projects located in New South Wales, Australia and British Columbia. The Company’s

guiding principles are based on acquiring strategic exploration properties in mining -friendly

T - 604.689.7422 F - 604.689.7442 204 – 998 Harbourside Drive North Vancouver, BC V7P 3T2

jurisdictions with historical mining industries, low-cost of entry or acquisition, and easy access to

infrastructure to minimize capital and operational costs in explorational periods. For more

information, please go to the Company’s website at www.sentinelexp.com.

Corporate Inquiries:

Rob Gamley, President & CEO

Company Website: www.sentinelexp.com

Phone: 604-689-7422

Email: [email protected]

Forward-Looking Statements

Information set forth in this news release contains forward -looking statements that are based on

assumptions as of the date of this news release. These statements reflect management's current

estimates, beliefs, intentions and expectations. They are not gu arantees of future performance.

Sentinel cautions that all forward -looking statements are inherently uncertain, and that actual

performance may be affected by a number of material factors, many of which are beyond Sentinel's

control. Such factors include, among other things: risks and uncertainties relating to Sentinel's

limited operating history, ability to obtain sufficient financing to carry out its exploration and

development objectives on its mineral properties, obtaining the necessary permits to carry out its

activities and the need to comply with environmental and governmental regulations. Accordingly,

actual and future events, conditions and results may differ materially from the estimates, beliefs,

intentions and expectations expressed or implied in the forward-looking information. Except as

required under applicable securities legislation, Sentinel undertakes no obligation to publicly

update or revise forward-looking information.

Neither the Canadian Securities Exchange (“CSE”) nor its Regulation Services Provider (as that

term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of

this news release.