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Sendero Resources Files Final Base Shelf Prospectus

Financings

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SENDERO RESOURCES FILES FINAL BASE SHELF PROSPECTUS

Vancouver, British Columbia – (May 23, 2024) – Sendero Resources Corp. (TSXV: SEND) (the “Company”

or “Sendero”) is pleased to announce that it has filed and obtained a receipt for a final short form base

shelf prospectus with the securities regulators in British Columbia and Alberta . This filing allows the

Company to make offerings of common shares (including by way of an “at-the-market distribution” in

accordance with applicable securities laws) , preferred shares, debt securities, subscription receipts,

warrants, units or any combination thereof for up to a maximum amount of $25 million during the 25 -

month period over which the base shelf prospectus is effective.

The Company has filed this base shelf prospectus in order to have greater financial flexibility going

forward. Should the Company decide to offer securities during the 25-month effective period, the specific

terms, including the use of proceeds, will be se t forth in a prospectus supplement to the final base shelf

prospectus, which will be filed with the applicable Canadian securities regulatory authorities.

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

be any sale of these securities, in any province, state or jurisdiction in which such offer, solicitation or sale

would be unlawful prior to the registration or qualification under the securities laws of any such province,

state or jurisdiction.

A copy of the preliminary short form base shelf prospectus can be found under the Company's profile on

SEDAR+ at www.sedarplus.ca.

About Sendero Resources Corp.

The Company is focused on copper-gold exploration at its 100% owned Peñas Negras Project in the Vicuña

Belt in Argentina. The Peñas Negras Project has similar geological characteristics to other deposits in the

Vicuña Belt and a cluster of porphyry and epi thermal targets have been identified on the project. The

Company, through its wholly owned subsidiary, Barton SAS, is the holder of ten granted mining

concessions covering 120 km2 in the province of La Rioja, Argentina. The Company also has an option

agreement to earn 80% interest on eight granted mining concessions covering 91.7 km2 adjacent to the

East of the Peñas Negras Project. The Company has an experienced management and exploration team

who will use their expertise and operational knowledge to advance the multiple targets across the project.

Further Information

For further information, please contact:

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1376-8077-4154, v. 3

Sendero Resources Corp.

Michael Wood, Executive Chairman

Email: [email protected]

Cautionary Statement on Forward-Looking Information

This press release contains “forward-looking information” and “forward-looking statements” (collectively,

“forward-looking statements ”) within the meaning of applicable Canadian securities legislation. All

statements, other than statements of historical fact, are forward -looking statements and are based on

expectations, estimates and projections as at the date of this press release. Forward-looking information

herein includes, without limitation, those related to a prospectus offering, such as, the filing o f any

prospectus supplement in connection with the base shelf prospectus, the potential distribution of

securities by the Company, the amount of securities that may be distributed, and the use of proceeds

under the base shelf prospectus and any prospectus supplement filed in connection therewith, and, more

generally, the contents of the above section entitled “About Sendero Resources Corp. Any statement that

involves discussions with respect to predictions, expectations, beliefs, plans, projections, objecti ves,

assumptions, future events or performance (often but not always using phrases such as “expects”, or

“does not expect”, “is expected” “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”,

“forecasts”, “estimates”, “believes” or intends” or variations of such words and phrases or stating that

certain actions, events or results “may” or “could, “would”, “might” or “will” be taken to occur or be

achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking

statements are necessarily based upon a number of estimates and assumptions that, while considered

reasonable, are subject to kn own and unknown risks, uncertainties, and other factors which may cause

the actual results and future events to differ materially from those expressed or implied by such forward-

looking statements. Such factors include, but are not limited to , the cautionary statements made in the

relevant sections of the Company's (i) Annual Information Form dated March 26, 2024, for the financial

year ended July 31, 2023; and (ii) Management Discussion & Analysis accompanying the Company’s

audited annual financial statements for the year ended July 31, 2023. There can be no assurance that such

statements will prove to be accurate, as actual results and future events could differ materially from those

anticipated in such statements. Accordingly, readers should not place undue reliance on the forward -

looking statements and information contained in this press release. Except as required by law, the

Company does not assume any obligation to update the forward-looking statements of beliefs, opinions,

projections, or other factors, should they change, except as required by law.

Cautionary Statement

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR

DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.