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Nevada Sunrise Gold (TSXV:NEV) upsizes non-brokered private placement

Mining, The Market Online Deal Room
TSXV:NEV
10 June 2022 12:15 (EDT)

Source: Nevada Sunrise Gold.

Nevada Sunrise (NEV) has increased its financing from C$1.2M to gross proceeds of up to $1.5M.

It will offer up to 6M units priced at $0.25 per unit.

Each unit consists of one common share and one common share purchase warrant.

Each warrant is exercisable into one additional common share priced at $0.40 for two years following the closing of the offering.

The company will use the proceeds to explore its mineral properties as well as for general working capital.

Nevada Sunrise is a junior mineral exploration company with interests in gold, copper, cobalt and lithium projects in Nevada, USA.

Nevada Sunrise (NEV) is up by 3.03 per cent trading at $0.34 per share as of 11:57 am EST.

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