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Nevada Sunrise Completes Sale of Joint Venture Interest in the Kinsley Mountain Gold Project, Nevada
Nevada Sunrise Completes Sale of Joint Venture Interest in the Kinsley Mountain Gold Project, Nev...
About this update from Nevada Sunrise Metals Corporation
[{"type":"text","content":"\n\n\n\n Nevada Sunrise Completes Sale of Joint Venture Interest in the Kinsley Mountain Gold Project, Nevada\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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Aug. 12, 2024\n \n\n /CNW/ - Nevada Sunrise Metals Corp. (TSXV: NEV) (OTCBB: NVSGF)\n \n (\"Nevada Sunrise\" or the \"Company\")\n \n has closed its transaction with CopAur Minerals Inc. (\"\n \n CopAur\n \n \") previously announced\n \n July 8, 2024\n \n . CopAur has acquired Nevada Sunrise's 18.74% ownership interest in the Kinsley Mountain Gold Project joint venture in\n \n Nevada\n \n (\"\n \n\n Kinsley Mountain\n \n\n \").\n \n\n\n\n\n\n\n\n\n CopAur acquired Nevada Sunrise's minority ownership interest in Kinsley Gold LLC, the joint venture vehicle that holds rights to\n \n Kinsley Mountain\n \n , pursuant to a purchase and sale agreement dated\n \n August 8, 2024\n \n , in consideration of the payment of\n \n CAD$475,000\n \n in cash and the issuance to Nevada Sunrise of 1,000,000 common shares of CopAur (the \"\n \n Consideration Shares\n \n \"). The Consideration Shares are subject to a four-month statutory hold period (the \"\n \n Hold Period\n \n \") and voluntary hold periods for an additional nine-month period. The first 250,000 Consideration Shares will be released on expiry of the Hold Period and the remaining shares will subsequently be released in equal tranches every three months.\n \n\n\n About Nevada Sunrise\n \n\n\n Nevada Sunrise is a junior mineral exploration company with a strong technical team based in\n \n Vancouver, BC\n \n ,\n \n Canada\n \n , that holds interests in lithium and copper exploration projects located in the\n \n State of Nevada, USA\n \n .\n \n\n Nevada Sunrise owns 100% interests in the\n \n Gemini,\n \n Jackson Wash\n \n\n and\n \n Badlands\n \n lithium projects, all of which are located in the Lida Valley in\n \n Esmeralda County, NV\n \n , and in the\n \n Pelican\n \n lithium project in\n \n Saskatchewan, Canada\n \n .\n \n\n Gemini is located near Gold Point,\n \n N...