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Nevada Sunrise Announces Private Placement
Newsfileยท2025-10-16 11:30

Core Viewpoint - Nevada Sunrise Metals Corporation is conducting a non-brokered private placement to raise up to $350,000 through the issuance of 7,000,000 units at a price of $0.05 per unit, each unit comprising one common share and one warrant [1][2]. Group 1: Offering Details - The offering consists of 7,000,000 units priced at $0.05 each, with each unit including one common share and one warrant [1]. - Each warrant allows the holder to purchase one common share at a price of $0.075 for three years from the closing date of the offering [1]. - The proceeds from the offering will be allocated for exploration work on the company's mineral properties, other mineral property investigations, and general working capital [7]. Group 2: Company Background - Nevada Sunrise is a junior mineral exploration company based in Vancouver, BC, with interests in gold, copper, and lithium projects located in Nevada, USA [4]. - The company holds the right to purchase a 100% interest in the Griffon Gold Mine Project, located approximately 50 kilometers southwest of Ely, NV [4]. - Additionally, Nevada Sunrise has the right to earn a 100% interest in the Coronado Copper Project, located about 48 kilometers southeast of Winnemucca, NV, and owns 100% interests in several lithium projects in Esmeralda County, NV [5].