Core Viewpoint - Nevada Sunrise Metals Corporation has announced an increase in its non-brokered private placement from 7,000,000 units to 12,000,000 units, priced at $0.05 per unit, aiming for gross proceeds of up to $600,000 due to investor demand [1] Group 1: Offering Details - The Offering will consist of one common share and one common share purchase warrant per unit, with each warrant allowing the purchase of an additional common share at an exercise price of $0.075 for three years [1] - The Offering is available to accredited investors and may qualify under certain statutory exemptions, with a statutory four-month hold period on the issued securities [2] Group 2: Use of Proceeds - Proceeds from the Offering will be allocated for exploration work on Nevada's gold, copper, and lithium properties, other mineral property investigations, and general working capital [7] Group 3: Company Overview - Nevada Sunrise is a junior mineral exploration company based in Vancouver, BC, focusing on gold, copper, and lithium projects in Nevada [4] - The company holds rights to the Griffon Gold Mine Project and the Coronado Copper Project, along with 100% interests in several lithium projects in Esmeralda County, NV [5]
Nevada Sunrise Announces Increase to Private Placement
Newsfile·2025-10-16 22:24