Southern Empire Resources : Increases Private Placement to $1,750,000 CAD

About this update from Southern Empire Resources Corp

Vancouver, British Columbia, May 26, 2026 - SOUTHERN EMPIRE RESOURCES CORP. (TSXV: SMP, OTC: SMPEF, FSE: 5RE) ("Southern Empire" or the "Company""), due to strong investor demand, has increased its previously announced non-brokered private placement financing from 15,000,000 common shares ("Common Shares") at a price of $0.07 CAD per Common Share for gross proceeds of $1,050,000 CAD to 25,000,000 Common Shares at $0.07 CAD per Common Share for gross proceeds of up to $1,750,000 CAD (the "Offering"). The securities issued under 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 of the Offering will be used for working capital purposes as well as exploration on Southern Empire's mineral properties . Closing of the Offering is subject to the 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 deposited 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 the historical gold-producing American Girl mine property and holds options to acquire a 100 percent interest in 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 ...

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