Sorrento Resources Ltd Stock Price, News & Analysis

Sorrento Resources (OTCQB: SRSLF) provided an exploration update for the Rodgers Cove Gold Project in Newfoundland and Labrador dated December 4, 2025. Key actions underway include four soil grids totaling 2,554 proposed sample locations to infill historic soil anomalies and drill permits submitted and currently pending. A >60-line-kilometre ground magnetics survey is planned to finish before the end of 2025 over target areas. The company expects drilling to commence in early 2026. The release includes maps showing proposed soil sampling and magnetics grids with plotted historical soil values.

Sorrento Resources (OTCQB: SRSLF) provided an exploration update for the Bottom Brook REE project in Newfoundland and Labrador on December 2, 2025. The company said drill permits are submitted and pending, with diamond drilling planned to begin early 2026 comprising approximately 1,000–2,000 m. Drilling will target the Lost Pond zone where historic high‑grade REE intercepts were reported and will use larger HQ core (~63.5 mm) instead of historic BQ core (~36.5 mm) to enable more practical metallurgical testing. After drilling, Sorrento plans follow‑up geophysics, prospecting and soil sampling across the large, relatively unexplored property.

Sorrento Resources (OTCQB: SRSLF) issued a correction clarifying that Independent Trading Group (ITG) was retained for market making services, not media marketing. The market making engagement commenced on November 24, 2025 for consideration of CDN$5,500 per month.

ITG will use commercially reasonable efforts to enhance market depth, contribute to market liquidity, add stability and efficiency, and act as a liaison for the company. ITG does not currently own any interest, directly or indirectly, in Sorrento or its securities, and ITG and its directors and officers are arm's length from the company. ITG contact: 33 Yonge Street, Suite 420, Toronto, ON, M5E 1G4; phone 416-583-2194; email info@itg84.com.

Sorrento Resources (OTCQB: SRSLF) announced it engaged Independent Trading Group (ITG) to provide ongoing media marketing services beginning November 24, 2025 for CDN$5,500 per month. ITG will use commercially reasonable efforts to enhance market depth, contribute to market liquidity, add stability and efficiency, and act as a liaison for the company.

ITG currently holds no interest in the company or its securities, and its directors and officers are arm's length from Sorrento. ITG contact details and Toronto address were disclosed.

Sorrento Resources (CSE: SRS / OTCQB: SRSLF) closed an amended and restated option agreement dated October 29, 2025 to acquire up to 100% of Naughty Ventures' interest in the Bottom Brook rare earth element (REE) property in Newfoundland and Labrador.

As consideration under the Option Agreement the company issued 9,000,000 common shares to the optionor and 900,000 common shares to Kluane Capital FZCO as a finder’s fee. All Sorrento Shares issued carry a four-month-and-one-day hold expiring on March 21, 2026.

Sorrento Resources (OTCQB: SRSLF) closed a brokered private placement on November 18, 2025 raising gross proceeds of $3,175,000. Securities issued include 4,200,000 Premium FT Units at $0.35, 916,700 FT Units at $0.30 and 5,719,960 Units at $0.25. Warrants issued expire November 18, 2027 with an exercise price of $0.35; agent warrants exercise at $0.25.

Proceeds from FT units will fund eligible Canadian exploration expenses (half critical mineral CEE) and will be renounced no later than December 31, 2025. The company paid a cash commission of $171,300 and issued broker/advisory warrants. Insider participation totaled 880,000 units, and related-party exemptions under MI 61-101 were used. Resale restrictions run until March 19, 2026.

Sorrento Resources (OTCQB: SRSLF) and Naughty Ventures revised an option agreement dated October 15, 2025, for Sorrento to acquire up to 100% of the Bottom Brook rare earth element property in Newfoundland and Labrador.

Key terms: on Closing Sorrento must incur $1,000,000 in expenditures and issue 9,000,000 shares to earn 49%; at 12 months add $250,000 cash, $1,500,000 additional expenditures total and 11,000,000 shares to reduce Naughty to 31%; at 36 months issue shares equal to 10% of outstanding shares to earn final 20%. Closing requires Sorrento raising at least $3,000,000. A 10% finder’s fee applies to each cash payment and share issuance.

Sorrento Resources (CSE: SRS; OTCQB: SRSLF) and Naughty Ventures (CSE: BAD) entered a purchase agreement dated October 16, 2025, under which Naughty Ventures will acquire a 100% undivided interest in Sorrento's Lord Baron property, subject to an existing 2% net smelter returns royalty (NSR).

Consideration is 1,000,000 Naughty Ventures common shares at a deemed price of $0.18 per share (Shares subject to a four‑month plus one day hold). Closing requires customary conditions and CSE approval; the companies expect completion in the coming weeks. Sorrento will pay a finder’s fee of 100,000 Sorrento shares to Kluane Capital on closing.

Sorrento Resources (OTCQB: SRSLF) entered a definitive option agreement dated October 15, 2025 to acquire up to 100% of Naughty Ventures' interest in the Bottom Brook rare earth element (REE) property in Newfoundland and Labrador.

Key terms: Sorrento must spend CAD $1.0M within 12 months and $1.5M within 24 months, pay CAD $250,000 at year 1, issue 13M shares at closing and 6M shares at year 2, and issue additional shares equal to 10% of Sorrento's then outstanding shares to earn the final 20% interest by year 3. Until that issuance, Naughty retains a 20% free carried interest.