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Sun Summit Engages Venture Liquidity Providers as Market Maker

Marketing Announcement

Sun Summit Engages Venture Liquidity

Providers as Market Maker

Vancouver, British Columbia--(Newsfile Corp. - May 1, 2023) - Sun Summit Minerals Corp. (TSXV:

SMN) (OTCQB: SMREF) announces that it has engaged Venture Liquidity Providers Inc. ("VLP") to

provide market-making services for the maintenance of an orderly trading market in Sun Summit's

common shares.

The market-making services will be carried out through a registered broker, W.D. Latimer Co. Ltd. In

consideration of its services, VLP will be paid a monthly fee of $5,000 (which fee will be paid from Sun

Summit's working capital) for a minimum of three months, renewable thereafter on one-month terms.

Thereafter, the agreement may be terminated at any time by Sun Summit or VLP.

VLP is a specialized consulting firm based in Toronto, Ontario, providing a variety of services focused

on TSX-V listed issuers. Sun Summit and VLP act at arm's length, and Sun Summit has been advised

that VLP has no present interest, directly or indirectly, in Sun Summit or its securities. The finances and

the common shares required for the market-making services are provided by W.D. Latimer. The fees

paid by Sun Summit to VLP are for market-making services only. The market making services of Red

Cloud Securities Inc. of Toronto, Ontario, ended concurrent with VLP's appointment.

About Sun Summit

Sun Summit Minerals (TSXV: SMN) (OTCQB: SMREF) is a mineral exploration company focused on

expanding its gold, silver, and zinc discovery at its flagship Buck Project located in north-central British

Columbia.

Sun Summit is committed to environmental and social responsibility, with a focus on accountable

development and building respectful and beneficial relationships with Indigenous and local communities.

Further details are available at

www.sunsummitminerals.com

.

For further information, contact:

Sharyn Alexander

President

[email protected]

Roger Blair

Acuity Advisory Corp., Corporate Communications

[email protected]

Tel. 778-588-9606

Forward Looking Information

Statements contained in this news release that are not historical facts may be forward-looking

statements, which involve risks, uncertainties and other factors that could cause actual results to differ

materially from those expressed or implied by such forward-looking statements. Factors that could cause

such differences, without limiting the generality of the following, include: risks inherent in exploration

activities; the impact of exploration competition; unexpected geological or hydrological conditions;

changes in government regulations and policies, including trade laws and policies; failure to obtain

necessary permits and approvals from government authorities; volatility and sensitivity to market prices;

volatility and sensitivity to capital market fluctuations; the ability to raise funds through private or public

equity financings; environmental and safety risks including increased regulatory burdens; weather and

other natural phenomena; and other exploration, development, operating, financial market and regulatory

risks. Except as required by applicable securities laws and regulation, Sun Summit disclaims any

intention or obligation to update or revise any forward-looking statement, whether as a result of new

information, future events or otherwise, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada

accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/164178