08:38:36 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Nevada Sunrise Gold Corp (2)
Symbol NEV
Shares Issued 30,521,321
Close 2016-02-10 C$ 0.16
Market Cap C$ 4,883,411
Recent Sedar Documents

Nevada Sunrise arranges $198,000 private placement

2016-02-10 19:02 ET - News Release

Mr. Warren Stanyer reports

NEVADA SUNRISE ANNOUNCES PRIVATE PLACEMENT

Nevada Sunrise Gold Corp. has arranged a non-brokered private placement of up to 1.1 million units at a price of 18 cents per unit for gross proceeds of up to $198,000. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share at a price of 30 cents for a period expiring on the earlier of two years following the closing date of the offering.

A commission and finder's fee may be payable to parties at arm's length to Nevada Sunrise that have introduced the company to certain subscribers participating in the offering.

All securities issued in the offering are subject to a four-month hold period, during which time the securities may not be traded. The securities described herein have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States unless registered under the act or unless an exemption from registration is available. Closing of the offering is subject to the approval of the TSX Venture Exchange.

Proceeds from the offering will be used to finance the exploration of the company's Nevada lithium and precious metals properties, and as general working capital.

We seek Safe Harbor.

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