Southern Empire Achieves U.S. Listing Upgrade to the OTCQB Venture Market

VANCOUVER, BC / ACCESSWIRE / January 21, 2022 / Southern Empire Resources Corp. (Southern Empire; TSX-V:SMP; Frankfurt:5RE; OTCQB:SMPEF) has received approval for its common shares to be listed, and to trade in the United States of America on the OTCQB Venture Market under the trading symbol "SMPEF". Southern Empire common shares also trade in Canada on the TSX Venture Exchange, symbol "SMP", as well as in Germany on the Börse Frankfurt, symbol "5RE".

The OTCQB Venture Market, operated by the OTC Markets Group Inc. of New York, NY is the premier marketplace for early stage and developing U.S. and international companies. It is recognized by the United States Securities and Exchange Commission as an established market, providing public information for analysis and valuation of securities. American investors can find quotes for, and information about Southern Empire at https://www.otcmarkets.com/stock/SMPEF/.

Dale Wallster, CEO of Southern Empire commented, "We upgraded our listing from the OTC pink sheets to the OTCQB based on feedback from American investors and changes to regulatory compliance requirements in the United States. Our OTCQB listing should help to increase SMP's market exposure to American investors, provide them with easier access to trade our shares, diversify our shareholder base, and enhance our trading liquidity. Considering our key Oro Cruz Project is in the southwestern U.S.A., the OTCQB listing is of particular relevance for Southern Empire."

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 (4,324-acre) Pedro Gold Project where 2014 drilling by a subsidiary of Newmont Mining Corporation encountered epithermal gold mineralization within basal conglomerates of the Ahuichila Formation. Please see Southern Empire's news release of July 27, 2021, 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.