Mr. Warren Stanyer reports

NEVADA SUNRISE CLOSES $504,000 PRIVATE PLACEMENT

Nevada Sunrise Gold Corp. has closed the second and final tranche of its non-brokered private placement of units at a price of 18 cents per unit, with each unit consisting of one common share of the company and one-half of one common share purchase warrant. Each whole common share purchase warrant will entitle the holder to purchase an additional common share at an exercise price of 30 cents per warrant share until Sept. 18, 2017, for warrants issued in the first tranche and until Oct. 20, 2017, for warrants issued in the second tranche.

Nevada Sunrise placed 1,135,833 units in the first tranche of the offering, and 1,664,166 units in the second and final tranche for gross proceeds of $504,000. In connection with closing of the offering, the company paid finders' fees of 6 per cent in cash totalling $12,857.40 and issued 71,430 finders' warrants representing 6 per cent of the units placed by the finders. Each finder's warrant will entitle the holder thereof to purchase a unit in Nevada Sunrise at a price of 18 cents per unit, exercisable at any time for 18 months following issuance.

Insider participation in the offering by directors and officers of the company totalled 878,166 units or 31.36 per cent of the units issued through the offering.

Securities issued in the first tranche are subject to a hold period until July 19, 2016, and securities issued in the second tranche are subject to a hold period until Aug. 21, 2016, during which time the securities may not be traded.

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.