Southern Empire Announces Private Placement Financing Southern Empire Resources Corp. (Southern Empire or “the Company”; TSX -V: SMP; Frankfurt: 5RE; OTC: SMPEF) announces a non-brokered private placement financing of up to 15,000,000 common shares of the
TSX-V: SMP
Frankfurt: 5RE
OTCQB: SMPEF
News Release
April 17, 2026
Southern Empire Announces Private Placement Financing
Southern Empire Resources Corp. (Southern Empire or “the Company”; TSX -V: SMP; Frankfurt: 5RE; OTC:
SMPEF) announces a non-brokered private placement financing of up to 15,000,000 common shares of the
Company at a price of $0.07 per share for gross proceeds of up to $1,050,000 (the “Offering”).
The securities issued pursuant to the Offering will be subject to resale restrictions for a period of four months
from the date of issue. Southern Empire may pay finder’s a fee equal to 6% of the proceeds from such finder.
The funds raised by the Offering will be used for exploration on Southern Empire’s mineral properties as well
as working capital purposes.
The Offering is subject to acceptance of the TSX Venture Exchange.
About Southern Empire Resources Corp.
Southern Empire is focused on the acquisition, exploration and development of metals and minerals deposits
in North America.
In northeastern Durango State, México, Southern Empire has an option to acquire a 100 -per-cent beneficial
interest in the 1,750-hectare Pedro Gold Project. At Pedro, in the spring of 2022, Southern Empire drilled gold
mineralization approximately 800 metres from 2014 drilling by a subsidiary of Newmont Mining Corporation.
Gold mineralization, associated with highly anomalous arsenic (orpiment and realgar common), antimony,
mercury and thallium, has been identified hosted in permeable basal conglomerates dep osited during
Oligocene extensional deformation, the latter forming widespread Basin and Range physiography along the
easter part of Sierra Madre Occidental. Gold is present in 12 of the 17 holes drilled at Pedro to date. Please
see Southern Empire’s news releases posted on SEDAR+ for further details.
In the Cargo Muchacho mountains of Imperial County, California, Southern Empire owns 100 percent of both
the historical gold -producing American Girl mine property and the adjacent 2,160 -hectare (5,338-acre) Oro
Cruz Property located approximately 22.5 kilometres (14 miles) southeast of the operating Mesquite gold mine
of Equinox Gold Corp.
At Oro Cruz, extensive historical drilling and large-scale open-pit and underground mining of the American Girl,
Padre y Madre, Queen , and Cross oxide gold deposits by the American Girl Mining Joint Venture ( “AGMJV”)
occurred between 1987 and 1996. During that time, gold was recovered by either heap leaching of lower -
grade, or milling of higher -grade ores until AGMJV operations ceased in late 1996 because of declining gold
prices leaving the Oro Cruz Property with many gold exploration targets in addition t o a historical inferred
resource estimate, reported In 2011 by Lincoln Mining Corp., totaling 341,800 ounces gold based on 4,386,000
tonnes averaging 2.2 grams gold per tonne (g Au /t) at a cut-off grade of 0.68 g Au/t (4,835,000 tons at 0.07
ounce gold per ton; please refer to the Cautionary Notice Regarding the Oro Cruz Property Historical Resource
Estimate below).
On behalf of the Board of Directors of Southern Empire Resources Corp.,
Dale Wallster, CEO and Director
For further information on Southern Empire please visit: www.smp.gold and SEDAR+ or contact:
Lubica Keighery, (778) 889-5476, [email protected] .
Cautionary Notice on Forward-Looking Information
Information provided in this news release may contain forward -looking information or forward -looking
statements that are based on assumptions as of the date of this news release. Such information or statements
reflect management’s current estimates, beliefs, intentions, and expectations and are not guarantees of future
performance. Southern Empire cautions that all forward-looking statements are inherently uncertain and that
actual performance may be affected by many material factors, many of which are beyond its respective
control. Such factors include, among other things: risks and uncertainties relating to Southern Empire’s limited
operating history, the need to comply with environmental and governmental regulations, results of exploration
programs on its projects , and those risks and uncertainties identified in its annual and interim financial
statements and management discussion and analysis. 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, Southern Empire
undertakes no obligation to publicly update or revise forward-looking information.
Cautionary Notice Regarding Historical Resource Estimate
The Oro Cruz Project historical resource estimate is disclosed in a technical report dated April 29, 2011,
prepared for Lincoln Mining Corp. by Tetra Tech, Inc. and filed on Canadian Securities Administrators' System
for Electronic Document Analysis and Retrieval (“SEDAR”). It is termed an inferred mineral resource, which is
a category set out in NI 43 -101. It was based on historical reverse circulation and core drill hole sample,
underground channel sample, and blasthole sample assay results and calculated using ordinary kriging to
estimate gold grad es in 10 -foot-by-10-foot-by-five-foot blocks. Accordingly, Southern Empire considers this
historical estimate reliable as well as relevant as it represents key targets for future exploration work. However,
a QP has not done sufficient work to verify or classify the historical estimate as a current mineral resource and
Southern Empire is not treating this historical estimate as current mineral resources.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the Exchange) accept responsibility for the adequacy or accuracy of this release.