Newsroom

John A 9/12/25 John A 9/12/25

Sokoman to Resume Drilling at Moosehead Gold Project

Program to start with a series of deep (1,000 m) holes

St. John’s, NL, September 12, 2025 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to announce that diamond drilling will resume at the 100%-owned Moosehead Gold Project in central Newfoundland. The initial focus will be a series of deep, 1,000 m depth, downhole drill holes testing the Eastern Trend and Western Trend gold zones for depth extensions, as well as testing for undiscovered parallel zones. Since 2018, a total of 135,325 m of core in 672 drill holes, across the property, have resulted in the definition of five significant zones of gold mineralization and several smaller, less defined zones, with most remaining open for expansion. All the main gold zones have high-grade intersections of at least 100-gram metres of gold to a maximum of 636.12-gram metres from MH-18-39. Please see the table of Moosehead’s Top 25 Holes below.

Timothy Froude, P.Geo., President and CEO, states, “We are extremely excited to be back drilling at Moosehead, given the significance of the deep holes and the impact they could have on the mineralization on the property. Drilling to date has focused on the near surface, to an average depth of about 300 m vertically, where we have been extremely successful in defining high-grade mineralization in five previously unknown zones. The time is right to go deeper than we have in the past, to downhole depths of 1,000 m, and armed with the knowledge we have gained over the past few years, hopefully locating continuous high-grade zones at depth. We expect to be on site in early October and anticipate a four- to five-week timeline to complete drilling.”

Deep Drilling Program

The deep drilling program will start with two to three holes, each at least 1,000 m in length, positioned to establish key geological, mineralogical and structural information at depths never before tested, critical for planning future deep drilling. This drilling is part of a larger 2025 program of up to 15,000 m, including multiple holes to expand the Western Trend, the 75 and 552 Zones, as well as reconnaissance drilling on the remainder of the property, testing high-priority regional targets.

The first deep hole, MH-25-673, will be the most easterly hole drilled, testing from east to west the deep regional structures of the Eastern Trend and zones proximal to it. The drill hole will test the full width of what is believed to be the Valentine Lake shear zone, and will extend through the inferred southeastern projection of the Eastern Trend at a planned vertical depth of 650 m. The initial 200 m to 300 m will test ground with no previous drilling, where an unsourced 1988 float sample assayed 10 g/t Au.

The second hole, MH-25-674, will be drilled, from west to east, testing the footwall units below the Western Trend for 463-Zone-type veins, continuing to test the inferred 463 Zone Structure at ~650 m vertically below surface. The 463 Zone is around 250 m to 300 m vertically below ground, giving a drill intercept of 39.60 m at 12.50 g/t Au, from 295.30 m downhole, including 10.25 m at 41.97 g/t Au, from 312.35 m downhole (see the December 15, 2022, news release). This 463 Zone is unique in that it lies in the footwall and is nearly perpendicular to the trend of the adjoining Eastern Trend Zone, possibly representing a feeder conduit.

The third proposed hole is a 500 m step out to the south of the first deep hole (MH-25-673) to get a better understanding of the regional structures and their trend at depth.

See the plan view and cross-section view of the proposed deep drilling below.

Figure 1: Plan View – Deep Drilling

Figure 2: Cross Section – Deep Holes MH-25-673 and 674

This news release has been reviewed and approved by Timothy Froude, P. Geo., a "Qualified Person" under National Instrument 43-101, and President and CEO of Sokoman Minerals Corp.

Analytical Techniques / QA/QC

Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland, for gold analysis. All core samples submitted for assay are saw cut by Sokoman personnel, with one-half submitted for assay and one-half retained for reference. Samples are delivered in sealed bags directly to the lab by Sokoman personnel. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples with visible gold are submitted for total pulp metallics with a gravimetric finish. All other samples are analyzed by standard fire assay methods. Total pulp metallic analysis includes: the entire sample being crushed to -10 mesh, and then pulverized to 95% -150 mesh. The total sample is weighed and screened to 150 mesh; the +150-mesh fraction is fire-assayed for Au, and a 30 g subsample of the -150-mesh fraction is fire-assayed for Au, with a calculated weighted average of total Au in the sample reported as well. One blank and one industry-approved standard for every twenty samples submitted is included in the sample stream. Random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical Ltd. All reported assays are uncut.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in the province of Newfoundland and Labrador, Canada's emerging gold district. The Company's primary focus is its portfolio of gold projects, including the 100%-owned flagship, advanced-stage Moosehead project, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland. These projects target Dalradian-type orogenic gold mineralization, similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. For full details of the agreement, please refer to the Company's press release dated October 11, 2023.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investors are cautioned that trading in the securities of the Corporation should be considered highly speculative. Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Sokoman Minerals Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Sokoman Minerals Corp.

John A 9/2/25 John A 9/2/25

Sokoman Minerals Corp. Expands Land Position at Crippleback Lake

St. John’s, NL, September 2, 2025 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) further to its August 14, 2025 news release, Sokoman is pleased to announce that it has signed 2 property purchase agreements, expanding its land position at Crippleback Lake in Central Newfoundland.

The Company has agreed to purchase a 100% undivided interest in 105 mineral claims located in the Crippleback Lake Area from United Gold Inc. (the United Gold Claims). In consideration of the United Gold Claims Sokoman will make a one-time cash payment of $20,000 and issue 500,000 common shares of the Company to United Gold Inc.

The Company has also entered into an agreement with David Evans to acquire a 100% interest, subject to a 1% NSR Royalty in favour of David Evans (the "NSR"), in 74 mineral claims located in the Crippleback Lake Area (the "Evans Property") for consideration of a one-time cash payment of $2,500 and 100,000 common shares of the Company to David Evans. The Company may purchase one-half of the NSR for $500,000. In the event that the Company options the Evans Property to a third party, Sokoman will make a $15,000 cash payment to David Evans.

Tim Froude, CEO, says "We are pleased to have locked in these two key pieces of ground in what we feel is an emerging new copper-gold play in central Newfoundland. Combined with our existing claims, we now control over 13,000 hectares at Crippleback Lake. We will immediately get boots on the ground with IP geophysical surveys, soil and rock sampling and geological mapping planned to start in the coming days."

The United Gold Agreement and Evans Agreement are both subject to TSX venture Exchange approval.

About Sokoman Minerals Corp.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 8/14/25 John A 8/14/25

Sokoman Starts Field Program / Expands Land Position at Crippleback Lake, Central NL

Phase 1 drilling demonstrates strong, porphyry-style alteration/mineralization.

St. John’s, NL, August 14, 2025 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to provide an update on its 100%-owned Crippleback Lake Property (the “Property”), which straddles the Valentine Lake Shear Zone midway between the Valentine Gold Mine (Equinox Gold) and the Company’s Moosehead Gold Project in central Newfoundland. Recent staking and claim purchases have expanded the Property to 530 claims (13,250 hectares) covering favourable geology and structures hosting critical mineral and precious metal occurrences (Figure 1) believed to be related to a copper/gold porphyry and/or epithermal system.

The Property was originally staked by Sokoman in 2016 due to its position along the Valentine Lake Shear Zone and, strikingly similar geological environment to the Valentine Lake gold deposits, currently in pre-production development by Equinox Gold. The Property is underlain in part by the Crippleback Lake Quartz Monzonite, an equivalent, Neoproterozoic-aged igneous complex to the Valentine Lake Intrusive Complex, which hosts the Valentine Lake Gold deposit located 70 km southwest of the Property. The Rogerson Lake Conglomerate, the footwall to the Valentine Lake mineralization, also cuts through the Property. The Teck Resources, Duck Pond Mine, VMS deposits, which closed in 2015, are also located 15 km to the southwest.

(NB: Rock, core and soil assays and mineralization reported are not to be considered as indicative of mineralization over the entire Property, nor are they to be considered indicative of mineralization similar to other deposits in the region.)

Timothy Froude, P.Geo., President and CEO, states, “Our work to date, in conjunction with exploration over the past 50 years, has outlined what we believe to be a system consistent with porphyry copper/gold and/or epithermal gold systems worldwide. We are supported in this belief by Dr. Stephen Piercey, who has examined several holes from the 2024 Phase 1 diamond drilling program and states; “This area has historically been the focus for VMS exploration, but the abundance of sericite-illite alteration, coupled with local montmorillonite and vuggy silica alteration, and anomalous base metal (Zn-Pb) and pyrite mineralization associated with the latter alteration types is distinctive from VMS. This suggests that these rocks have experienced extensive magmatic hydrothermal alteration. The alteration appears to be like phyllite/quartz-sericite-pyrite and argillic alteration types found in distal portions of porphyry systems. This represents an exciting new target for this region.”

Froude adds, “It is important to note that our drilling has intersected what we believe to be a portion of the alteration halo surrounding an enriched core zone. The next steps will be to define vectors that lead towards a potential higher-grade core that may exist either along strike or to depth.”

Historical Work

The Crippleback Lake Property has been explored since the 1960s, almost exclusively for base metals, with the bulk of past work carried out by Noranda Exploration Company, Limited (“Noranda”) in the 1970s, including geophysical, geological and geochemical surveys with limited follow-up diamond drilling. From 1974 to 1976, Noranda focused on the south side of Crippleback Lake, defining an extensive soil geochemical anomaly in zinc (92–677 ppm), lead (30–210 ppm) and copper (42–396 ppm) over a 1.6 km trend. Noranda did not report gold assays for soil samples. The strong soil geochemical anomaly was not drill tested by Noranda; however, two holes, targeting a weak geophysical (electromagnetic) anomaly, were drilled one km to the southeast, returning insignificant mineralization. Noranda’s work is on file with the Department of Industry, Energy, and Technology (DIET) in St. John’s, NL.

Property Exploration

From 2016 to 2019, Sokoman’s exploration included: C-horizon tills, B-horizon soil sampling and prospecting over the initial 111 claim property targeting Valentine Lake-style (intrusion-hosted) gold mineralization along the Valentine Lake Shear Zone (VLSZ). Prospecting in the southwest of the property, along the interpreted shear zone, gave grab rock sample Au values from <5 ppb (DL) to a high of 1.7 g/t Au from a quartz-veined boulder proximal to the highest C-horizon till sample that returned 57 gold grains with 43 pristine gold grains, suggesting a nearby source.

In 2021, the Property was optioned to Trans Canada Gold Corp, which flew a high-resolution magnetic survey and carried out limited prospecting but then returned the Property to Sokoman in 2022.

In 2023, Sokoman’s prospecting along a “refurbished” logging road in the northern portion of the Property discovered disseminated copper (chalcopyrite) with zinc, lead and fluorite mineralization in roadside outcrops. Grab samples gave values from <20 ppm to 5.4% copper (Cu) and a reconnaissance soil grid of 30 B-horizon samples over the mineralized area gave values from 6 to 70 ppm Cu, 9 to 391 ppm lead (Pb), 35 to 368 ppm zinc (Zn), and <5 to 21 ppb gold (Au). This led to an expanded soil program in 2024, which focused on verifying the results of the 1975 Noranda survey and extended the survey along strike to the southwest. Results confirmed Noranda’s strong copper/lead/zinc soil anomaly, as well as a strong coincidental gold anomaly, with results including: 6 - 402 ppm Cu, 5 - 1197 ppm Pb, 5 - 1373 ppm Zn, and <5 - 55 ppb Au.

In late 2024, logging operations prevented a trenching program, so a six-line, reconnaissance IP, geophysical survey and a Phase 1 diamond drilling program (nine holes / 1,839 m) was carried out in areas not in conflict with the logging operations.

2024 Phase 1 Drilling

The drilling (Figure 2) targeted multiple soil, rock and geophysical anomalies, both historical (1970s) and recent (2023/24) discoveries by Sokoman. Nine diamond drill holes were completed in a 1.5 km by 1 km area in the north-central portion of the Property along the contact between the Crippleback Lake Monzonite and related (coeval) volcanic rocks.

The most significant and impressive argillic (clay) alteration observed from core logging, confirmed by hyperspectral scanning (Terraspec) by the Geological Survey of Newfoundland, was intersected in drill holes CL-24-3, 7, 8, and 9. Significantly, holes CL-24-3 (301 m total length) and CL-24-9 (220 m total length), collared into and remained in alteration/mineralization until both were shut down for logistical reasons, still in strong alteration with sulphide mineralization. Holes CL-24-7, 8, and 9 comprise a three-hole section in the strongest portion of Noranda’s 1975 soil geochemical anomaly, verified by follow-up by Sokoman in 2024. CL-24-3 was drilled approximately 1 km SW of, and along strike from, CL-24-7, 8, and 9, and cut 301 m of continuous alteration with disseminated and stringer sulphide mineralization. Two holes (CL-24-1 and 2) were drilled to test copper/fluorite mineralization in the Main Road and Tower Road occurrences, with CL-24-4,5, and 6 drilled approximately 500 m south of CL-24-3 to test for copper/zinc/lead mineralization in outcrop on Colin’s Road. All holes intersected variable and locally strong clay alteration +/- sulphide (pyrite, chalcopyrite, sphalerite, galena, stibnite, and arsenopyrite) mineralization.

**CL-24-9 - Strong clay alteration in Crippleback Lake Monzonite with stringer sulphide mineralization**

**Figure 2: 2024 Diamond Drill Holes / 2025 IP Survey Area**

A total of 1,405 saw-cut, core samples ranging from 0.15 m to 3 m long (average length of 0.82 m) were sent for Au and 34 element ICP analysis at Eastern Analytical Ltd. in Springdale, NL with a random subset of 285 samples sent for MA 250 Ultra trace ICP-MS analysis for 59 elements at Bureau Veritas (BV) in Vancouver, BC. The BV analyses included porphyry copper and epithermal gold pathfinder elements such as selenium and tellurium.

Most of the drill holes intersected significant alteration/mineralization consistent with a magmatic-hydrothermal system, potentially a porphyry Cu-(Au) and/or a high sulfidation, epithermal gold system, including locally intense clay alteration with associated base and precious metal enrichment. To better understand the style and significance of the alteration/mineralization intersected at the Crippleback Lake Property, the Company has engaged Dr. Stephen J. Piercey, PhD, P.Geo., FGC of Memorial University and Piercey Geosciences Inc. in St. John’s, NL, to evaluate the mineralized system. Dr. Piercey is an expert in hydrothermal ore deposits and has undertaken research and consulting for various clients globally. Dr. Piercey has already examined in detail several of the Crippleback Lake Property drill holes.

The diamond drilling has:

1) Confirmed the copper/silver/fluorite-bearing mineralized exposures along the Main and Tower Roads Cl-24-1, 2, and 3

2) Confirmed copper/lead/zinc/silver mineralization in the Colin’s Road area (CL-24-4, 5, and 6) along with a silver/gold/antimony zone in CL-24-6

3) Confirmed Noranda’s strong 1975 soil geochemical anomaly along the Noranda Road in CL-24-7, 8, and 9

4) Broad enrichment in gold in argillic alteration zone in holes CL-24-3, 7, 8 and 9

Overall, the drilling defined variable, but consistent, clay (argillic) alteration with associated Au, Cu, Pb and Zn enrichments in most holes, including locally elevated pathfinder metals selenium (Se), which ranged from 0.03 to 43.90 ppm Se, and tellurium (Te), which ranged from 0.12 to 23.12 ppm Te. (Analysis for Se and Te were completed at Bureau Veritas Labs in Vancouver, BC, from a subset of samples from the complete set of samples analyzed at Eastern Analytical Ltd. in Springdale, NL.) Selected highlights from the complete set of assays are as follows:

Crippleback Lake Phase 1 Drilling – Selected Highlights Table

Click here to view the complete Phase 1 drilling assay data for Crippleback Lake.

2025 Exploration Program

The 2025 exploration program, consisting of a Phase 2 IP survey, additional soil sampling along and across strike, prospecting and rock sampling, has begun. The 25 line km IP survey is planned to define/expand coverage over the area of alteration/mineralization in all directions around the 2024 drilling. Future work would include additional geophysics and, if warranted, diamond drilling and/or trenching to test targets. The bulk of this work would take place in Q4 2025.

This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101, and President and CEO of Sokoman Minerals Corp.

Analytical Techniques / QA/QC

All core, rock and soil samples are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland, for ICP 34 analysis as well as gold analysis. All core samples submitted for assay are saw cut by Sokoman personnel, with one-half submitted for assay and one-half retained for reference. Samples are delivered in sealed bags directly to the lab by Sokoman personnel. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples to be assayed for gold are analyzed by standard fire assay methods. Industry-approved standards and blanks are included in each batch, as well as random duplicates, as part of Eastern Analytical Ltd.'s internal policies. In addition, a selected batch of pulps (approximately 20% of total samples) from the Phase 1 drilling were forwarded by Eastern Analytical to Bureau Veritas Labs in Vancouver, BC, for additional analysis, specifically the MA 250 procedure consisting of a four acid digestion with Ultra Trace ICP-MS analysis for 59 elements. Bureau Veritas is also an ISO/IEC 17025 accredited lab and adheres to the required policies and procedures.

About Sokoman Minerals Corp.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 7/24/25 John A 7/24/25

Sokoman Launches Exploration Reset: Deep Drill Holes at Moosehead, Copper/Gold Porphyry Potential at Crippleback Lake and New Drill Targets at Fleur de Lys

St. John’s, NL, July 23, 2025 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to provide the following updates on its core properties in central/north-central Newfoundland: Moosehead, Crippleback and Fleur de Lys.

Moosehead

The Company has been unable to secure a practical processing strategy for the proposed bulk sample(s) at the Moosehead Project. Therefore, the proposed bulk sampling programs have been postponed indefinitely. Active discussions will continue with processing providers.

Timothy Froude, P.Geo., President and CEO, states, “A delay in the bulk sampling program at Moosehead has opened a window of opportunity to implement recommendations stemming from Dr. Coller’s structural report on the property. In addition to a robust shallow drilling program, Dr. Coller and Exploration Manager Ryan Newman have proposed three “deep holes”, each 1,000 m in length, reaching a vertical depth of 800 m. These will test for extensions of the known gold zones, intersect untested structures and guide further deep drilling. Drilling is scheduled to commence later this year, contingent upon receipt of the necessary permits.”

Crippleback Lake

Prospecting in the northern portion of the property in late 2023 located disseminated copper sulphide containing mineralization (chalcopyrite) with grab sample values up to 5.4% copper in outcrop along a new logging road. A small reconnaissance soil grid over the mineralized area returned a high of 402 ppm Cu (copper) and 1197 ppm Pb (lead). In 2024, a follow-up soil sampling program confirmed multiple copper, zinc, and lead anomalies in the northern area of the property.

In late 2024, logging operations prevented a planned trenching program. The Company proceeded with an IP geophysical survey and a Phase 1 diamond-drilling program (9 holes, 1,839 m) in areas not in conflict with the logging operations. The drilling intersected significant alteration and mineralization consistent with a magmatic-hydrothermal system, potentially a porphyry Cu-(Au) and/or a high sulfidation, epithermal gold system. A total of 1,405 core samples were sent for Au and 34-element ICP analysis to Eastern Analytical Ltd. (“Eastern”) in Springdale, NL, with a subset of samples (285) sent for further analysis (59 elements) to Bureau Veritas in Vancouver, BC, for elements not analyzed by Eastern. The Company has engaged Dr. Stephen Piercey, a globally recognized expert in hydrothermal ore deposits, of Memorial University in St. John’s, NL, to evaluate and provide an opinion on the mineralized system intersected in the Phase 1 program.

Additional key claims have been acquired in the area based on these exploration results, and the property now covers approximately 300 claims and a 22-km length of the highly prospective Valentine Lake - Cape Ray Fault, most of which has seen little previous exploration for base metals. An expanded Induced Polarization (IP) survey is planned to define and expand the alteration/mineralization identified in the drilling, with the survey expected to start later this summer. Trenching and diamond drilling will follow.

Fleur de Lys

The 2025 exploration will target unprospected till and/or geophysical anomalies in the southern portion of the property. The 2024 exploration focused on targets only in the northern half of the property. Further close-spaced trenching is needed at the Golden Bull area, where initial prospecting had located large angular boulders with values up to 9.04 g/t Au. Additional ground surveys, including prospecting, geophysics and trenching, are planned in the area near drill hole FDL-24-23, which intersected multiple pyrite-rich quartz veins resembling pyrite veins at Curraghinalt in Northern Ireland. Since FDL-24-23 lies 3 km from the next closest drill hole, further diamond drilling is warranted.

Mr. Froude further comments, “We are also excited by the exploration results from the Crippleback Lake property, as it has features consistent with porphyry copper/gold deposits and/or an epithermal gold system. With further ground exploration at Fleur de Lys, we hope that we can return with a follow-up drill program.”

QP
This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

About Sokoman Minerals Corp.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

The Company would like to thank the Government of Newfoundland and Labrador for the financial support of the Moosehead and Fleur de Lys Projects through the Junior Exploration Assistance Program during the past few years.

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 6/10/25 John A 6/10/25

Sokoman Minerals Corp. Files for Final Approval of Non-Brokered Flow-Through Private-Placement Financing

St. John’s, NL, June 10, 2025 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to announce that, further to its May 7, 2025, news release, the Company has filed documents with the TSX Venture Exchange (the "Exchange") seeking final approval for its non-brokered flow-through private-placement financing (the "FT Financing").

On April 30, 2025, the Company closed the first tranche of the FT Financing, issuing 6,000,000 flow-through common shares. On receipt of Exchange approval, the Company will issue a further 2,000,000 flow-through common shares, for a total of 8,000,000 flow-through common shares issued for aggregate gross proceeds of CAD$400,000.

In connection with the FT Financing, the Company will pay a further CAD$6,000 in cash finders' fees on the second and final tranche for a total of CAD$24,000 and issue 480,000 non-transferable broker warrants exercisable at CAD$0.07 for one year as permitted by the policies of the Exchange.

All securities issued pursuant to the FT Financing are subject to a four-month and one-day hold period.

The Company will use an amount equal to the gross proceeds received by the Company from the sale of the flow-through shares (the "FT Shares"), pursuant to the provisions in the Income Tax Act (Canada), to incur eligible Canadian exploration expenses that qualify as flow-through mining expenditures as both terms are defined in the Income Tax Act (Canada) on or before December 31, 2026, and to renounce all of the qualifying expenditures in favour of the subscribers of the FT Shares.

The Company intends to spend the flow-through proceeds on the Company's exploration projects.

About Sokoman Minerals Corp.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 5/7/25 John A 5/7/25

Sokoman Minerals Corp. Closes First Tranche of Critical Mineral Flow-Through Private Placement

St. John’s, NL, May 7, 2025 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to announce that, further to its April 25, 2025, news release, the Company has filed documents with the TSX Venture Exchange (the “Exchange”) and received conditional approval for its CAD$400,000 non-brokered flow-through private-placement financing (the “FT Financing”). Sokoman also received approval to close the first tranche of 6,000,000 FT common shares at CAD$0.05, for aggregate gross proceeds of CAD$300,000.

Timothy Froude, P. Geo., President and CEO, states, “With spring breakup nearly complete, we’re preparing to resume work at our traditional bulk sample project. We’re grateful for the continued support from investors and the Mineral Incentive Program, which together will strengthen our treasury to approximately CAD$1.3 million and position us well for the upcoming exploration season.”

In connection with the first tranche of the FT Financing, the Company will pay cash finders’ fees totalling CAD$18,000 and 360,000 non-transferable broker warrants exercisable at CAD$0.07 for one year as permitted by the policies of the Exchange.

All securities issued pursuant to the FT Financing are subject to a four-month and one-day hold period.

Final approval of the FT Financing is subject to Exchange approval.

The Company will use an amount equal to the gross proceeds received by the Company from the sale of the flow-through shares (the “FT Shares”), pursuant to the provisions in the Income Tax Act (Canada), to incur eligible Canadian exploration expenses that qualify as flow-through mining expenditures as both terms are defined in the Income Tax Act (Canada) on or before December 31, 2026, and to renounce all of the qualifying expenditures in favour of the subscribers of the FT Shares.

The Company intends to spend the flow-through proceeds on the Company’s exploration projects. Sokoman Minerals wishes to thank the Government of Newfoundland and Labrador for the CAD$150,000 received through the Mineral Incentive Program, administered by the Department of Industry, Energy and Technology, in support of our exploration efforts.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in the province of Newfoundland and Labrador, Canada's emerging gold district. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 5/2/25 John A 5/2/25

Sokoman Minerals Provides Update at Moosehead Gold Project, Central Newfoundland

St. John’s, NL, May 2, 2025 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to provide the following update from the 100%-owned Moosehead Gold Project in central Newfoundland. Activities at Moosehead are focused on the first of two bulk samples proposed for 2025, which is tentatively scheduled for a late May or early June extraction date. The exact timing could vary depending on contractor availability or other as yet unforeseen factors.

The first sample is a conventional bulk sample on the Western Trend using drill and blast methods (see Plan Map 1 for proposed locations). The proposed sample will consist of approximately 1,000 cubic metres of mineralized rock consisting of both high-grade quartz veining plus lower-grade wall rock that detailed channel sampling in late 2024 indicated a weighted-average gold grade of 5.78 grams per tonne gold (g/t Au). The Company has contracted P&E Mining Consultants to provide a proposed pit shell (see Plan Map 2) with a cross-sectional view and drill pattern (pending) to facilitate the sample extraction.

Timothy Froude, P. Geo., President and CEO, states, “The time is drawing near for our first bulk sample and the pieces are coming together. This pivotal step will yield critical insights into the metallurgy and gold recoveries at Moosehead, marking a significant milestone in our project's development.”

The Company is still in active discussions with several third parties with regards to the conventional sample processing and will provide an update when the location and operator has been chosen. In the meantime, the Company is also expecting a formal contract from Novamera Inc. with regards to the second (surgical) sample which is expected to be extracted from the Footwall Splay Zone in the fourth quarter of 2025. This will also be an approximately 1,000 cubic metre sample. Novamera is finalizing the hole locations, and 3-4 geotechnical holes will be drilled prior to setting up the large diameter drill.

Novamera Inc. has also informed the Company that the drill is in transit from Europe where it has been undergoing a refit and maintenance work. The rig will first be deployed to a property owned by Great Atlantic Resources, 50 km to the west of Moosehead, to collect a similar sized bulk sample prior to becoming available for Sokoman.

**Plan Map 1:** Proposed bulk sample areas

**Plan view of Western Trend Trench - Site of proposed Conventional Bulk Sample**

**Plan Map 2:** Pit Design for Bulk Sample*
*West HW1 and West HW3 not exposed in current trench - only known in drill core

**Cross Section Through Proposed Western Trend Trench Site for Conventional Bulk Sample**

This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Analytical Techniques / QA/QC

Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. All core samples submitted for assay are saw cut by Sokoman personnel with one-half submitted for assay and one-half retained for reference. Samples are delivered in sealed bags directly to the lab by Sokoman personnel. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples with visible gold are submitted for total pulp metallics with a gravimetric finish. All other samples are analyzed by standard fire assay methods. Total pulp metallic analysis includes: the entire sample being crushed to -10 mesh; and then pulverized to 95% -150 mesh. The total sample is weighed and screened to 150 mesh; the +150-mesh fraction is fire-assayed for Au, and a 30 g subsample of the -150-mesh fraction is fire-assayed for Au; with a calculated weighted average of total Au in the sample reported as well. One blank and one industry-approved standard for every twenty samples submitted is included in the sample stream. Random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical Ltd. All reported assays are uncut.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in the province of Newfoundland and Labrador, Canada's emerging gold district. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 5/1/25 John A 5/1/25

Sokoman Minerals Corp. Files for Conditional Approval, Closes First Tranche of Non-Brokered Flow-Through Private-Placement Financing

St. John’s, NL, May 1, 2025 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to announce that, further to its April 25, 2025, news release, the Company has filed documents with the TSX Venture Exchange (the “Exchange”) seeking conditional approval for its CAD$400,000 non-brokered flow-through private-placement financing (the “FT Financing”).

The Company is also seeking approval to close the first tranche of the FT Financing, issuing 6,000,000 common shares at CAD$0.05, for aggregate gross proceeds of CAD$300,000.

All securities issued pursuant to the FT Financing are subject to a four-month and one-day hold period.

Final approval of the FT Financing is subject to Exchange approval.

The Company intends to spend the flow-through proceeds on the Company’s exploration projects.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in the province of Newfoundland and Labrador, Canada's emerging gold district. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 4/28/25 John A 4/28/25

Sokoman Minerals Updates Shareholders on Vinland Shares Spin-Out

St. John’s, NL, April 28, 2025 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) further to its April 25, 2025 news release, the Company announces that its planned spin-out of approximately half of its shares of Vinland Lithium Inc. (“Vinland”) has been completed. Accounts holding at least 8,000 Sokoman shares will see approximately 50 Vinland shares credited for each 8,000 Sokoman shares owned with the credit effective May 7, 2025.

Details of the spin-out are contained in the Company’s February 4, 2025 management Information Circular, filed under the Company’s profile on SEDAR+. Sokoman will spin-out to its shareholders a total of 2,025,126 common shares of Vinland and will continue to hold 2,000,000 Vinland shares. Vinland has approximately 10,000,000 issued shares. Benton Resources Inc. is spinning out the same number of Vinland shares to its shareholders. Sokoman shares after the spin-out, herein “New Sokoman” shares, are identical to Sokoman shares currently listed (“Old Sokoman”), except that they are post-spin-out of Vinland. New Sokoman shares have a new identifying security number CA83410N1096.

No Vinland Shares will be listed on the Exchange on closing of the Plan of Arrangement; however, Vinland has made a separate application to the Exchange for listing of the Vinland Shares. The Sokoman New Common Shares will be listed on the Exchange at market open on Tuesday May 6, 2025, and the Sokoman Old Common Shares will be delisted from the Exchange effective close of business Monday May 5, 2025. Accounts holding less than 8,000 Sokoman shares will not participate in the Vinland share distribution.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in the province of Newfoundland and Labrador, Canada's emerging gold district. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 4/25/25 John A 4/25/25

Sokoman Minerals Corp. Announces Non-Brokered Flow-Through Private Placement

St. John’s, NL, April 25, 2025 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) today announces a non-brokered private placement of flow-through ("FT") shares (the "Private Placement") for gross proceeds of up to CAD$400,000. The Private Placement is expected to close on or before May 7, 2025.

The Private Placement is priced at CAD$0.05 per FT share, with each flow-through common share of the Company entitling the holder to receive the tax benefits applicable to flow-through shares in accordance with the provisions of the Income Tax Act (Canada).

The first closing of CAD$300,000 is imminent.

All securities issued pursuant to the Private Placement will be subject to a four-month and one-day hold period.

"While our team has been fully engaged with the two bulk samples recently, we are looking forward to continuing our exploration on our other projects, as we believe they hold significant discovery potential," remarked Tim Froude, P.Geo., President and CEO of Sokoman.

In connection with the Private Placement, the Company may pay finders' fees in cash and broker warrants as permitted by the policies of the TSX Venture Exchange (the "Exchange"). The Private Placement is subject to Exchange approval.

The Company will use an amount equal to the gross proceeds received by the Company from the sale of the FT shares, pursuant to the provisions in the Income Tax Act (Canada), to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" as both terms are defined in the Income Tax Act (Canada) (the "Qualifying Expenditures") on or before December 31, 2026, and to renounce all of the Qualifying Expenditures in favour of the subscribers of the FT shares.

The Company intends to spend CAD$400,000 of the flow-through proceeds on our exploration projects.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in the province of Newfoundland and Labrador, Canada's emerging gold district. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 4/25/25 John A 4/25/25

Sokoman Minerals Completes Vinland Shares Spin-Out

St. John’s, NL, April 25, 2025 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) announces that the Company's planned spin-out of approximately half of its shares of Vinland Lithium Inc. ("Vinland") has been completed. Accounts holding at least 8,000 Sokoman shares will see approximately 50 Vinland shares credited for each 8,000 Sokoman shares owned, with the credit effective April 30, 2025.

Details of the spin-out are contained in the Company's February 4, 2025, Management Information Circular, filed under the Company's profile on SEDAR+. Sokoman will spin-out to its shareholders a total of 2,025,126 common shares of Vinland and will continue to hold 2,000,000 Vinland shares. Vinland has approximately 10,000,000 issued shares. Benton Resources Inc. is concurrently spinning out the same number of Vinland shares to its shareholders. Sokoman shares after the spin-out, herein "New Sokoman" shares, are identical to Sokoman shares currently listed ("Old Sokoman"), except that they are post-spin-out of Vinland. New Sokoman shares have a new identifying security number, CA83410N1096.

No Vinland shares will be listed on the TSX Venture Exchange (the "Exchange") upon closing the Plan of Arrangement; however, Vinland has made a separate application to the Exchange for listing the Vinland shares. The New Sokoman common shares will be listed on the Exchange at market open on Tuesday, April 29, 2025, and the Old Sokoman common shares will be delisted from the Exchange effective close of business on April 28, 2025. Accounts holding less than 8,000 Sokoman shares will not participate in the Vinland share distribution.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in the province of Newfoundland and Labrador, Canada's emerging gold district. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 4/21/25 John A 4/21/25

Sokoman Minerals Spins-out Shares of Vinland Lithium Inc.

St. John’s, NL, April 21, 2025 – Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) announces that at its annual shareholder meeting held March 21, 2025, Sokoman shareholders approved a special resolution (two-thirds of votes cast) to reorganize Sokoman's share capital to facilitate a spin-out to shareholders of approximately 2 million of Sokoman's 4 million shares of Vinland Lithium Inc. ("Vinland"). Vinland holds the Killick lithium project and is currently owned by Sokoman (40%), Benton Resources Inc. (40%) and Piedmont Lithium Newfoundland Holdings LLC (Piedmont), a wholly owned subsidiary of NASDAQ-listed Piedmont Lithium Inc. (20%). Benton shareholders concurrently approved a similar 2 million share spin-out. The TSX Venture Exchange has now approved the listing of the approximately 10 million issued shares of Vinland, of which approximately 40% will be in the hands of Benton and Sokoman shareholders.

The spin-outs are substantially pro rata to Benton and Sokoman shareholders. The exchange ratio is approximately 50 Vinland shares per 8,000 Sokoman shares. Accounts holding less than 8,000 Sokoman shares will not receive Vinland shares as the immediate and ongoing administration and compliance costs for very small odd-lot Vinland shareholders would be prohibitive.

The Company expects the distribution of the Vinland Shares to its shareholders to occur on or around April 30, 2025.

Some of the key points for shareholders are as follows:

The Killick Lithium Project holds excellent discovery potential in a newly discovered lithium belt
Piedmont, a wholly owned subsidiary of NASDAQ-listed Piedmont Lithium Inc., completed a 2023 financing in Vinland of CAD$2.0M @ CAD$1.00 per share to hold 19.9%
Piedmont Lithium Inc. is one of North America’s leading lithium companies
Newfoundland is ranked as one of the top jurisdictions to explore and develop mineral potential
Piedmont Lithium Inc. has vast technical and geological knowledge in similar geology to that of Kraken pegmatites
Vinland holds indirectly, through its subsidiary Killick Lithium Inc., a 100% interest in the Killick Lithium Project
Piedmont will have the option to earn up to a 62.5% direct interest in Killick Lithium Inc. by spending CAD$12.0M in exploration and development during the period of the option
Upon Piedmont completing all earn-in options Piedmont/Piedmont Lithium Inc. will have paid Benton and Sokoman a total of CAD$10.0M in Piedmont Lithium Inc. shares in addition to having funded all the Vinland exploration and development costs
Benton and Sokoman to collectively retain a 2% NSR on the Killick project

Full details of the spin-out and the other annual matters are contained in a management information circular dated February 4, 2025, and filed under the Company’s profile on sedarplus.ca.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in the province of Newfoundland and Labrador, Canada's emerging gold district. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.

John A 4/3/25 John A 4/3/25

Sokoman Minerals Announces Stock Option Grant and Results of Annual General and Special Meeting

St. John’s, NL, April 3, 2025, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) today announces an April 1 stock option grant to officers, directors, employees, and consultants of the Company, subject to TSX Venture Exchange approval, for a total of 2,650,000 common shares of the Company. These stock options are exercisable for a period of five years at CAD$0.08 per stock option. The last option grant was on September 29, 2021.

All resolutions, including the Company's Plan of Arrangement, were passed by an overwhelming majority at the Annual General and Special Meeting held on March 21, 2025.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in the province of Newfoundland and Labrador, Canada's emerging gold district. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 2/27/25 John A 2/27/25

Sokoman Minerals Announces Participation at the Prospectors & Developers Association of Canada (PDAC) 2025 Convention

St. John’s, NL, February 27, 2025, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to announce its participation at the upcoming Prospectors & Developers Association of Canada (PDAC) Convention, taking place at the Metro Toronto Convention Centre (MTCC) from Sunday, March 2 to Wednesday, March 5, 2025.

Sokoman will be exhibiting at Booth No. 2432 at the Investors Exchange in the South Building.

President and CEO Timothy Froude, P.Geo., said, "We're excited to be back at PDAC, connecting with investors, industry professionals, and fellow explorers. This is a great opportunity to showcase Sokoman's progress and discuss the exciting potential of our projects in Newfoundland. We invite attendees to visit our booth and meet with our management team to learn more about what's ahead for Sokoman Minerals."

If you would like to book a one-on-one meeting, please email cathy@chfir.com.

About PDAC

The annual award-winning Prospectors & Developers Association of Canada Convention, held in Toronto, Canada, is the world's premier mineral exploration and mining convention for people, governments, companies, and organizations connected to mineral exploration. The PDAC brings together 27,000 attendees from more than 135 countries for its educational programming, networking events, business opportunities and fun. It has grown in size, stature, and influence since it began in 1932, and today, it is the event of choice for the world's mineral industry. For more information and/or to register for the conference, please visit: https://www.pdac.ca/convention.

About Sokoman Minerals Corp.

Sokoman Minerals Corp. is a discovery-oriented company and one of the largest landholders in the province of Newfoundland and Labrador, Canada’s emerging gold district. The Company's primary focus is its portfolio of gold projects; the 100%-owned flagship, advanced-stage Moosehead, Crippleback Lake, and the district-scale Fleur de Lys project near Baie Verte in northwestern Newfoundland, targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland. The Company entered a strategic alliance with Benton Resources Inc. through three, large-scale, joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. For full details of the agreement please refer to the Company’s press release dated October 11, 2023.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 2/6/25 John A 2/6/25

Sokoman Provides Western Trend Update, Moosehead Gold Project, Central Newfoundland

Western Trend drilling continues to hit high-grade gold

St. John’s, NL, February 6, 2025, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to provide, following the assay results press released on January 22, 2025, the remaining drill results from the Western Trend completed before Christmas 2024 at our 100%-owned Moosehead Project highlighted by the following:

MH-24-650: 23.83 g/t Au over 1.67 m incl. 59.38 g/t Au over 0.60 m from 43.65 m
MH-24-657: 335.98 g/t Au over 0.45 m from 104.55 m
MH-24-658: 25.50 g/t Au over 1.00 m from 92.95 m

(Assays are uncut, and drill lengths are shown. The estimated true thickness is believed to be 80 to 90% of the reported length. All assays were performed at Eastern Analytical in Springdale, Newfoundland. Reported assays are total pulp metallic assays.)

President and CEO Timothy Froude, P.Geo., states, “The Western Trend continues to deliver high-grade results, and the structure is holding up well and remains open to depth. The Western Trend drilling has resumed, and we have 18 holes proposed to expand the mineralization to depth and along strike to the south. The present drilling at the Western Trend will continue until the spring thaw. Drilling to date has defined the Western Trend mineralization to a depth of 165 m down plunge and 100 m vertically, and 145 m along strike to the south of the trench. This area is the proposed site for our conventional bulk sample, which we expect to be actively working on in late Q1 or early Q2 2025. We are working with Dr. David Coller to identify a drill test area northwest of the Western Trend trench. This area contains historical intersections that didn’t match previous geological models. With new structural insights from our successful trenching and mapping program in late 2024, we are revisiting these intersections to better understand their potential.

**Table of Results - Western Trend Drill Program**

**Figure 1: Drill Hole Location Map - Plan View**

**Figure 2: Western Trend Long Section - Looking Southwest**

This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Analytical Techniques / QA/QC

Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland, for gold analysis. All core samples submitted for assay are saw cut by Sokoman personnel, with one-half submitted for assay and one-half retained for reference. Samples are delivered in sealed bags directly to the lab by Sokoman personnel. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples with visible gold are submitted for total pulp metallics with a gravimetric finish. All other samples are analyzed by standard fire assay methods. Total pulp metallic analysis includes the entire sample being crushed to -10 mesh and then pulverized to 95% -150 mesh. The total sample is weighed and screened to 150 mesh; the +150-mesh fraction is fire-assayed for Au, and a 30 g subsample of the -150-mesh fraction is fire-assayed for Au, with a calculated weighted average of total Au in the sample reported as well. One blank and one industry-approved standard for every twenty samples submitted is included in the sample stream. Random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical Ltd. All reported assays are uncut.

About Sokoman Minerals Corp.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. For full details of the agreement please refer to the Company’s press release dated October 11, 2023.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 2/3/25 John A 2/3/25

Sokoman Minerals Corp. Closes Non-Brokered Flow-Through and Non-Flow-Through Private Placement Financing

St. John’s, NL, February 3, 2025, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to announce that, further to its December 4, 2024, December 17, 2024, and December 31, 2024 news releases the Company has closed its non-brokered flow-through and non-flow-through private placement financing (the “Financing”) for aggregate gross proceeds of $1,706,250.

The Company has issued 36,412,500 $0.04 flow-through shares, with each flow-through common share of the Company entitling the holder to receive the tax benefits applicable to flow-through shares in accordance with provisions of the Income Tax Act (Canada), for aggregate gross proceeds of $1,456,500.

The Company has also issued a total of 7,135,714 $0.035 non-flow-through common shares, 6,285,714 non flow-through shares for $220,000 in this third and final tranche, for total aggregate gross proceeds of $249,750.

The FT Financing has been affected with one (1) insider subscribing for $10,000 or 250,000 FT Shares, that portion of the FT Financing a “related party transaction” as such term is defined under MI 61-101 – Protection of Minority Security Holders in Special Transactions. The Company is relying on exemptions from the formal valuation requirement of MI-61-101 under sections 5.5(a) and (b) of MI 61-101 in respect of the transaction as the fair market value of the transaction, insofar as it involves the interested party, is not more than 25% of the Company’s market capitalization.

The Company paid $12,180 in cash finders’ fees and issued 348,000 $0.06 non-transferable broker warrants in this third and final tranche. A total of CAD$57,200, 1,458,000 non-transferable broker warrants, exercisable at CAD$0.06 for one year, and 1,200,000 common shares has been paid to four finders.

All securities issued pursuant to the Financing are subject to a four-month and one-day hold period.

The Company will use an amount equal to the gross proceeds received by the Company from the sale of the FT shares, pursuant to the provisions in the Income Tax Act (Canada), to incur eligible “Canadian exploration expenses” that qualify as “flow-through mining expenditures” as both terms are defined in the Income Tax Act (Canada) (the “Qualifying Expenditures”) on or before December 31, 2025, and to renounce all of the Qualifying Expenditures in favour of the subscribers of the FT Units effective December 31, 2024.

The Company intends to spend CAD$1,000,000 of the flow-through proceeds on the Moosehead gold property, the balance on Fleur de Lys and Crippleback, and hard-dollar proceeds for working capital.

The Company further confirms that there are no proposed payments to non-arm’s length parties, no proposed payments to investor relations activities, and no specific use of 10% or more of the gross proceeds other than as disclosed for the flow-through portion, above.

About Sokoman Minerals Corp.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. For full details of the agreement please refer to the Company’s press release dated October 11, 2023.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 1/30/25 John A 1/30/25

Sokoman Drilling Resumes at Western Trend, Moosehead Project, Central Newfoundland

Program to begin with 18 holes to extend gold zone to depth and along strike

St. John’s, NL, January 30, 2025, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to announce that diamond drilling has resumed at the Western Trend gold zone, the site of the conventional bulk sample planned for extraction late in Q1 or early Q2, 2025. The drill program is following up on the recently announced high-grade results highlighted by intersections of 69.48 g/t Au over 4.85 m (MH-24-649), 40.89 g/t Au over 4.30 m (MH-24-648) and 26.72 g/t Au over 3.10 m (MH-24-646) (please see January 22, 2025 news release here), from the trench area.

The plan and long section show the previous drilling on the Western Trend and the location of the planned drill holes. A high-grade shoot dipping East and down-plunge is outlined in the accompanying long section with the proposed drilling designed to extend it to depth and to the south.

Timothy Froude, P.Geo., President and CEO, states, "We are very pleased to announce the resumption of drilling at the Western Trend and are confident that additional high-grade values will be found in the holes yet to report, as well as in the planned 2025 program. The information from the drilling will help in planning the location of the conventional bulk sample planned for late Q1 or early Q2, as soon as conditions allow. Discussions for processing the sample offsite are in progress. We are expecting the final batch of assays, from drilling prior to Christmas, shortly with several holes noted to have visible gold in quartz."

Drilling to date at the Western Trend has tested 100 m of the strike to 165 m down plunge with the zone remaining open. The deeper holes are targeting the potential high-grade plunge of the intersection point between the east-west trending splay and the main north-trending vein system.

**Figure 1: Drill Hole Location Map (proposed holes (pDH) in purple highlight)**

**Figure 2: Long Section of Western Trend (looking Southwest)**

This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Analytical Techniques / QA/QC

Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland, for gold analysis. All core samples submitted for assay are saw cut by Sokoman personnel, with one-half submitted for assay and one-half retained for reference. Samples are delivered in sealed bags directly to the lab by Sokoman personnel. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples with visible gold are submitted for total pulp metallics with a gravimetric finish. All other samples are analyzed by standard fire assay methods. Total pulp metallic analysis includes the entire sample being crushed to -10 mesh and then pulverized to 95% -150 mesh. The total sample is weighed and screened to 150 mesh; the +150-mesh fraction is fire-assayed for Au, and a 30 g subsample of the -150-mesh fraction is fire-assayed for Au, with a calculated weighted average of total Au in the sample reported as well. One blank and one industry-approved standard for every twenty samples submitted is included in the sample stream. Random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical Ltd. All reported assays are uncut.

About Sokoman Minerals Corp.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. For full details of the agreement please refer to the Company’s press release dated October 11, 2023.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 1/21/25 John A 1/21/25

Sokoman Hits 69.48 g/t Gold over 4.85 m at Moosehead Gold Project in Central Newfoundland

Western Trend Orogenic Gold Mineralization Exhibits High Grades and Strong Continuity

St. John’s, NL, January 21, 2025, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to provide the following results from the ongoing Western Trend diamond drilling program at the 100%-owned Moosehead Project. A total of 19 holes (1,325 m) were completed immediately before the Christmas break, with this release including assays for 13 holes, highlighted by the following:

MH-24-649 69.48 g/t Au over 4.85m incl. 176.47 g/t Au over 1.90 m from 41.60 m

MH-24-648 40.89 g/t Au over 4.30m incl. 74.08 g/t Au over 2.35 m from 47.20 m

MH-24-646 26.72 g/t Au over 3.10m incl. 40.56 g/t Au over 1.90 m from 28.30 m

Assays are uncut with core lengths shown; the estimated true thickness is believed to be 80 to 90% of the reported length. Assays are total pulp metallics from Eastern Analytical in Springdale, Newfoundland.

Timothy Froude, P.Geo., President and CEO, states, "This is a great way to start the year! We are incredibly pleased with the high grades, with visible gold (including abundant visible gold) in 9 of 13 holes from the Western Trend (Photo 1). The success of the drilling was the result of using what we learned from the Western Trend trenching program last November, which included input from structural consultant Dr. David Coller, who mapped the trench. The Western Trend drilling is scheduled to resume on January 27 with a minimum 10-hole program to further expand the high-grade mineralization in the trench (Figure 1), the site of the planned conventional (drill and blast) bulk sample. We are also in discussions with Novamera to finalize an agreement for a surgical bulk sample at the adjacent Footwall Splay utilizing their proprietary technology in Q3 2025, so it will be a pivotal and very busy 2025 at Moosehead."

The recent Western Trend drilling has tested 100 m of strike to 80 m down dip, with the zone remaining open. The remaining assays are expected in 3-4 weeks. The next phase of drilling will be mainly deeper holes targeting the high-grade plunge of the intersection point between the east-west trending splay and the main north-trending vein system (down plunge from MH-24-648 and 649) to a depth of 165 m down plunge and 100 m vertically. This area is a key target as it is a location where rock preparation is ideal for gold deposition with the potential to be where there is dilation zone. We will also be testing to the south of the trench (south of MH-24-646) to extend the strike to 145 m.

**Photo 1: Visible gold in quartz - DDH MH-24-649 Western Trend Trench area**
**69.48 g/t Au over 4.85 m (41.60 - 46.45 m)**

About Sokoman Minerals Corp.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. For full details of the agreement please refer to the Company’s press release dated October 11, 2023.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 12/31/24 John A 12/31/24

Sokoman Minerals Closes Non-Brokered Flow-Through Private Placement Financing and Second Tranche of Non-Flow-Through Private Placement Financing

St. John’s, NL, December 31, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to announce that further to its December 4, 2024 and December 17, 2024 news releases the Company has closed the flow-through portion of its non-brokered flow-through financing (the “FT Financing”) for aggregate gross proceeds of CAD$1,456,500.

The Company has issued 36,412,500 CAD$0.04 flow-through shares (the “FT Shares”), with each flow-through common share of the Company entitling the holder to receive the tax benefits applicable to flow-through shares in accordance with the provisions of the Income Tax Act (Canada).

The Company is also closing the second tranche of its non-flow-through financing (the “NFT Financing”) and has issued an additional 700,000 non-flow-through common shares for an aggregate total of 850,000 non-flow-through common shares for CAD$29,750.

The FT Financing has been effected with one (1) insider subscribing for CAD$10,000 or 250,000 FT Shares, that portion of the FT Financing a “related-party transaction” as such term is defined under MI 61-101 – Protection of Minority Security Holders in Special Transactions. The Company is relying on exemptions from the formal valuation requirement of MI-61-101 under sections 5.5(a) and (b) of MI 61-101 in respect of the transaction as the fair market value of the transaction, insofar as it involves the interested party, is not more than 25% of the Company’s market capitalization.

In connection with the FT Financing, the Company has paid cash finders’ fees totalling CAD$44,400, issued 1,110,000 non-transferable broker warrants, exercisable at CAD$0.06 for one year, and issued 1,200,000 common shares to three finders, as permitted by the policies of the TSX Venture Exchange (the “Exchange”).

All securities issued pursuant to the FT Financing and the NFT Financing (together the “Financings”) are subject to a four-month and one-day hold period.

Final approval of the Financings is subject to Exchange approval.

The Company will use an amount equal to the gross proceeds received by the Company from the sale of the FT Shares, pursuant to the provisions in the Income Tax Act (Canada), to incur eligible “Canadian exploration expenses” that qualify as “flow-through mining expenditures” as both terms are defined in the Income Tax Act (Canada) (the “Qualifying Expenditures”) on or before December 31, 2025, and to renounce all of the Qualifying Expenditures in favour of the subscribers of the FT Shares effective December 31, 2024.

The Company intends to spend CAD$1,000,000 of the flow-through proceeds on the Moosehead gold property, the balance on the Fleur de Lys and Crippleback projects, and hard-dollar proceeds for working capital.

About Sokoman Minerals Corp.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. For full details of the agreement please refer to the Company’s press release dated October 11, 2023.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

John A 12/24/24 John A 12/24/24

Sokoman Minerals Completes Phase 1 Diamond Drilling Program Fleur de Lys Gold Project, NW Newfoundland

More than 50% of the holes intersected mineralized structures

St. John’s, NL, December 24, 2024, Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) reports that the Phase 1 drill program at the 100%-owned Fleur de Lys Project, has been completed in 23 drill holes. Twenty reconnaissance drill holes evaluated high-priority geochemical and/or geophysical targets, including seven holes in the immediate vicinity of the gold-bearing Golden Bull boulders. Three others (FDL-24-9,10, and 17) tested showings discovered by Noranda in the late 1980s.

All preliminary* assays have been received and compiled. See the table below. Twelve drill holes, including the three holes on the Noranda targets, intersected gold mineralization (>200 ppb). Exploration, including prospecting, mapping, geophysics, trenching, and a Phase 2 drilling program, is planned for 2025 to locate the source of the large, mineralized boulders.

*Some samples require metallics assaying based on >1000 ppb Au initial assay. The additional analysis will not affect the reported highlight results.

Timothy Froude, P. Geo., President and CEO of Sokoman Minerals, states, “Our inaugural drill program was conducted on an 8 km2 section of the 329 km2 Fleur de Lys Project. It returned many promising results, with 50% of the drill holes intersecting gold-bearing structures. The final and most northerly hole (FDL-24-23) intersected five separate gold-bearing veins, which indicates a new direction for further exploration.

We are highly encouraged by our progress, even though we have yet to pinpoint the source of the high-grade Golden Bull gold-mineralized boulder field. We will be interpreting the information collected to date as well as future geophysical surveys to further define the mineralized structures before planning a Phase 2 drill program.”

This news release has been reviewed and approved by Timothy Froude, P.Geo., a "Qualified Person" under National Instrument 43-101 and President and CEO of Sokoman Minerals Corp.

Analytical Techniques / QA/QC

Samples, including duplicates, blanks, and standards, are submitted to Eastern Analytical Ltd. in Springdale, Newfoundland for gold analysis. Eastern Analytical Ltd. is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples are delivered in sealed bags directly to the lab by Sokoman personnel. All samples of quartz vein material were submitted for total pulp metallics and gravimetric finish. Total pulp metallic analysis includes: the whole sample is crushed to -10 mesh; and then pulverized to 95% -150 mesh. The total sample is weighed and screened to 150 mesh; the +150 mesh fraction is fire-assayed for Au, and a 30 g subsample of the -150 mesh fraction is fire-assayed for Au; with a calculated weighted average of total Au in the sample reported as well. One blank and one industry-approved standard for every twenty samples submitted is included in the sample stream. Random duplicates of selected samples are analyzed in addition to the in-house standard and duplicate policies of Eastern Analytical Ltd. All reported assays are uncut.

About Sokoman Minerals Corp.

In October 2023, Sokoman and Benton completed an agreement with Piedmont Lithium Inc., a major developer of lithium projects and processing plants in the USA, and exactly the right partner to have to advance the lithium project. For full details of the agreement please refer to the Company’s press release dated October 11, 2023.

Projects optioned with optionee fully vested are:

East Alder Project optioned to Canterra Minerals Inc. (SIC retains shares of CTM plus 1% NSR)
Startrek Project optioned to Thunder Gold (SIC retains shares of TGOL plus 1% NSR)

For more information, please contact:

Timothy Froude, P.Geo., President & CEO
T: 709-765-1726
E: tim@sokomanmineralscorp.com

Cathy Hume, VP Corporate Development, Director
T: 416-868-1079 x 251
E: cathy@chfir.com

Website: www.sokomanmineralscorp.com
Twitter: @SokomanMinerals
Facebook: @SokomanMinerals
LinkedIn: @SokomanMineralsCorp

Newsroom

Sokoman to Resume Drilling at Moosehead Gold Project

Program to start with a series of deep (1,000 m) holes

Sokoman Minerals Corp. Expands Land Position at Crippleback Lake

Sokoman Starts Field Program / Expands Land Position at Crippleback Lake, Central NL

Phase 1 drilling demonstrates strong, porphyry-style alteration/mineralization.

Sokoman Launches Exploration Reset: Deep Drill Holes at Moosehead, Copper/Gold Porphyry Potential at Crippleback Lake and New Drill Targets at Fleur de Lys

Sokoman Minerals Corp. Files for Final Approval of Non-Brokered Flow-Through Private-Placement Financing

Sokoman Minerals Corp. Closes First Tranche of Critical Mineral Flow-Through Private Placement

Sokoman Minerals Provides Update at Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. Files for Conditional Approval, Closes First Tranche of Non-Brokered Flow-Through Private-Placement Financing

Sokoman Minerals Updates Shareholders on Vinland Shares Spin-Out

Sokoman Minerals Corp. Announces Non-Brokered Flow-Through Private Placement

Sokoman Minerals Completes Vinland Shares Spin-Out

Sokoman Minerals Spins-out Shares of Vinland Lithium Inc.

Sokoman Minerals Announces Stock Option Grant and Results of Annual General and Special Meeting

Sokoman Minerals Announces Participation at the Prospectors & Developers Association of Canada (PDAC) 2025 Convention

Sokoman Provides Western Trend Update, Moosehead Gold Project, Central Newfoundland

Sokoman Minerals Corp. Closes Non-Brokered Flow-Through and Non-Flow-Through Private Placement Financing

Sokoman Drilling Resumes at Western Trend, Moosehead Project, Central Newfoundland

Sokoman Hits 69.48 g/t Gold over 4.85 m at Moosehead Gold Project in Central Newfoundland

Sokoman Minerals Closes Non-Brokered Flow-Through Private Placement Financing and Second Tranche of Non-Flow-Through Private Placement Financing

Sokoman Minerals Completes Phase 1 Diamond Drilling Program Fleur de Lys Gold Project, NW Newfoundland

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