Sun Summit Minerals Secures AU$2.5 million Placement

Sun Summit Minerals Corporation (ASX: SUM) has completed a heavily oversubscribed AU$2.5 million private placement, with strong support from existing and new institutional and sophisticated investors.  The placement will accelerate exploration and drilling programs at the company's 100% owned Niobium and Tantalum Equador project in Brazil. All three company directors will participate in the placement for a combined AU$100,000, subject to shareholder approval. The company is fully funded for its proposed drilling campaign at the Equador project and anticipates receiving permits for the planned trenching and drilling programs in the coming month.

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