Sorrento Resources Ltd Stock Price, News & Analysis

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.

Sorrento Resources (OTCQB: SRSLF) reported results from a 1,005-sample soil program at its 100% owned Lord Baron property, Newfoundland, on October 14, 2025. Key highlights include a continuous copper soil anomaly up to ~2.25 km strike and widths to ~175 m, 101 soil samples above the 90th-percentile copper threshold (>102.6 ppm), and 51 samples above the 95th-percentile gold threshold (>23.8 ppb). The Little Bay Head grid (667 samples) returned a peak of 2,140 ppm Cu and 223 ppb Au. Ferndale/Swatridge returned a peak of 731 ppm Cu. Soil anomalies align with mapped structures and historical geophysical anomalies; historical drilling appears oriented away from the soil trend, providing a target for follow-up geophysics and drilling.

Sorrento Resources (OTCQB: SRSLF), a Canadian mineral exploration company, has announced a significant change in its Board of Directors. Neal Blackmore, an experienced project generator and mineral exploration professional, has been appointed as a Director, bringing over 15 years of industry experience.

Through his company Grassroots Prospecting & Prospect Generation Inc., Blackmore has supported over 40 junior exploration companies across Canada and contributed to multiple discoveries in gold, lithium, and base metals. He replaces Thomas Joshua Taylor, who has resigned from the Board.

Sorrento Resources (OTCQB: SRSLF) has entered into a mineral property purchase agreement to acquire seven additional mineral licenses for its Rodgers Cove Project in Newfoundland and Labrador. The acquisition terms include a $5,000 cash payment, issuance of 150,000 common shares, and a 2% net smelter returns royalty, of which 1.5% can be purchased for $1,000,000.

The Additional Claims comprise 52 individual claims covering approximately 1,300ha. Following this acquisition, the consolidated Project will encompass 11 mineral licenses with 151 claims spanning 3,775ha. The Property is strategically located within the Central Newfoundland Gold Belt, straddling both the JBP Fault and Appleton Fault, featuring altered granodiorite-hosted mineralization with quartz veining and arsenopyrite.