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NEVADA SUNRISE ANNOUNCES $1,600,000 PRIVATE PLACEMENT
NEVADA SUNRISE ANNOUNCES $1,600,000 PRIVATE PLACEMENT Canada NewsWire /NOT FO...
About this update from Nevada Sunrise Metals Corporation
[{"type":"text","content":"\n \n \n \n NEVADA SUNRISE ANNOUNCES $1,600,000 PRIVATE PLACEMENT\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnsbbb0{\nBORDER-BOTTOM:black 0pt\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n OR TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES/\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Aug. 16, 2023\n \n \n /CNW/ -\n \n Nevada Sunrise Metals Corporation\n \n (\"\n \n Nevada Sunrise\n \n \" or the \"\n \n Company\n \n \") (TSXV: NEV) (OTC: NVSGF) is pleased to announce a non-brokered private placement (the \"Offering\") for gross proceeds of up to\n \n $1,600,000\n \n consisting of 20,000,000 units (the \"Units\") at a price of\n \n $0.08\n \n per Unit, each Unit consisting of one common share of the Company and one common share purchase warrant (a \"Warrant\"). Each Warrant will entitle the holder to purchase one common share at a price of\n \n $0.12\n \n for a period expiring 2 years from the closing date of the Offering.\n \n \n \n \n \n \n \n \n \n Proceeds of the Offering will be used for:\n \n \n \n Completion of a National Instrument 43-101-compliant mineral resource estimate for the Gemini Lithium Project located in\n \n Esmeralda County, Nevada\n \n (\"Gemini\");\n \n \n Completion of a preliminary economic assessment (or \"PEA\") in conjunction with the release of a maiden mineral resource estimate for Gemini;\n \n \n Exploration work on the Company's mineral properties;\n \n \n Other lithium property investigations, and general working capital.\n \n \n \n Finder's fees may be payable to parties at arm's length to Nevada Sunrise that have introduced the Company to certain subscribers participating in the Offering. The Offering is subject to acceptan...