Sorrento Resources Announces Correction to Last News Release
Rhea-AI Summary
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.
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Vancouver, British Columbia--(Newsfile Corp. - November 25, 2025) - SORRENTO RESOURCES LTD. (CSE: SRS) (OTCQB: SRSLF) ("SORRENTO") (the "Company") announces that, further to its news release issued in the morning of November 25, 2025, the Company wishes to clarify that the services provided by Independent Trading Group (ITG), Inc. ("ITG") is for market making services and not media marketing, as originally announced. The market making services by ITG commence November 24, 2025, in consideration of CDN
ITG shall utilize commercially reasonable efforts to Enhance market depth and contribute to market liquidity, add stability and efficiency to the market and act as a liaison for the Company. ITG does not currently own any interest, directly or indirectly, in the Company or its securities. ITG's address is 33 Yonge Street, Suite 420, Toronto, ON, M5E 1G4 (phone: 416-583-2194, email: info@itg84.com). ITG and its directors and officers are arm's length from the Company.
About Sorrento Resources Ltd.
Sorrento is engaged in the acquisition, exploration, and development of mineral property assets in Canada. Sorrento's objective is to locate and develop economic precious, rare-earth element, gold, and base metal properties of merit in including the Bottom Brook REE Project, Rodgers Cove Gold, and the Harmsworth (VMS) project all located in Newfoundland.
On Behalf of the Board of Directors,
"Alex Bugden"
CEO, President, and Qualified Person
For further details, please contact:
Email: investors@sorrentoresources.ca
Phone: 709-693-4088
Cautionary Note Regarding Forward-looking Information
Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connation thereof.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/275873
FAQ
What did Sorrento Resources (SRSLF) correct on November 25, 2025?
When did ITG's market making services for SRSLF start and what is the fee?
How will ITG's market making for SRSLF affect liquidity and trading?
Does Independent Trading Group own SRSLF shares after the agreement?
How can investors contact ITG regarding the SRSLF market making arrangement?
