Nevada Sunrise Announces Private Placement

Executive Summary

• Nevada Sunrise Metals Corp. announced a non‑brokered private placement of up to 7,000,000 units for gross proceeds of $350,000 at $0.05 per unit.
• Each unit consists of one common share and one warrant allowing purchase of an additional share at $0.075 for three years from closing.
• Proceeds are earmarked for exploration on Nevada gold, copper and lithium properties, other mineral investigations, and general working capital.

Key Details

• Units Offered: 7,000,000 (each = 1 common share + 1 warrant)
• Price per Unit: $0.05 → Gross proceeds up to $350,000
• Warrant Terms: Right to purchase one additional common share at $0.075; exercisable for three years from the closing date.
• Use of Proceeds:
• Exploration work on Nevada gold, copper and lithium projects
• Additional mineral property investigations
• General working capital
• Eligibility: Offering limited to accredited investors and other persons qualifying under statutory exemptions.
• Holding Period: Securities subject to a four‑month statutory hold period.
• Finder’s Fees: May be payable to parties that introduce subscribers, provided they are at arm’s length.
• Exchange Acceptance: Offering is subject to acceptance by the TSX Venture Exchange.
• Regulatory Notices: Not an offer or sale in the United States; securities not registered under the U.S. Securities Act and may not be offered to U.S. persons absent exemption.

Notable Quotes

“The capital raised will accelerate our exploration program across key Nevada assets, positioning us for future growth in gold, copper and lithium,” – Warren Stanyer, President & CEO.