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Nevada Sunrise Metals Corp
Symbol NEV
Shares Issued 113,256,876
Close 2025-11-06 C$ 0.04
Market Cap C$ 4,530,275
Recent Sedar Documents

Nevada Sunrise closes $650,000 private placement

2025-11-07 04:43 ET - News Release

Mr. Warren Stanyer reports

NEVADA SUNRISE CLOSES $650,000 PRIVATE PLACEMENT

Nevada Sunrise Metals Corp. has closed a non-brokered private placement for gross proceeds of $650,000, consisting of 13 million units at a price of five cents per unit, with each unit composed of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of 7.5 cents for a period expiring three years from the closing date of the offering. Due to investor demand, the offering was increased from $600,000 (12 million units) (see news release dated Oct. 16, 2025) to $650,000 (13 million units).

Proceeds of the offering will be used for:

  • Exploration work on the company's Nevada mineral properties;
  • Other mineral property investigations and general working capital.

The offering was available to accredited investors and individuals who qualified under certain other statutory exemptions. The securities issued pursuant to the offering are subject to a statutory hold period expiring March 7, 2026. In connection with the closing of the offering, the company paid finders' fees consisting of a total of $31,500 in cash and 630,000 finder warrants to Canaccord Genuity Corp. Each finder warrant is exercisable at a price of 7.5 cents for a period of three years from the closing date of the offering. The offering is subject to acceptance of the TSX Venture Exchange.

About Nevada Sunrise Metals Corp.

Nevada Sunrise is a junior mineral exploration company with a strong technical team based in Vancouver, B.C., Canada, that holds interests in gold, copper and lithium exploration projects located in the state of Nevada, United States.

Nevada Sunrise holds the right to purchase a 100-per-cent interest in the Griffon gold mine project, located approximately 50 kilometres (33 miles) southwest of Ely, Nev.

Nevada Sunrise holds the right to earn a 100-per-cent interest in the Coronado copper project, located approximately 48 kilometres (30 miles) southeast of Winnemucca, Nev.

Nevada Sunrise owns 100-per-cent interests in the Gemini West, Jackson Wash and Badlands lithium projects, all of which are located in the Lida Valley in Esmeralda county, Nevada.

As a complement to its exploration projects in Esmeralda county, the company owns Nevada water right permit 86863, also located in the Lida Valley basin, near Lida, Nev.

We seek Safe Harbor.

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