Sorrento Resources Ltd. (CNSX:SRS) entered into a mineral property purchase agreement to acquire Newfoundland Lithium and Precious Metals Projects from Gold Hunter Resources Inc. (CNSX:HUNT) for CAD 0.35 million on June 5, 2023. Under the terms of the acquisition, Sorrento Resources will pay CAD 0.05 cash and will issue 1 million common shares to Gold Hunter, which shares will be subject to a statutory hold period of four months and one day following completion of the acquisition. The Property is subject to a 2% net smelter returns royalty held by Fair Haven Resources Inc. The transaction is expected to close on or around June 13, 2023.

Sorrento Resources Ltd. (CNSX:SRS) completed the acquisition of Newfoundland Lithium and Precious Metals Projects from Gold Hunter Resources Inc. (CNSX:HUNT) on June 13, 2023.