Business
AGM Chairman's Statement
AGM Chairman's Statement.
About this update from Sunrise Resources Plc
[{"type":"text","content":"\n \n \n 17 February 2023\n \n \n \n \n \n \n \n \n SUNRISE RESOURCES PLC\n \n \n \n (\"Sunrise\" or the \"Company\")\n \n \n \n \n \n \n \n \n AGM Chairman's Statement\n \n \n \n \n \n \n \n \n Sunrise Resources plc is pleased to provide the following Chairman's Statement and project update ahead of its Annual General Meeting (\"AGM\"\") to be held at 10.00am today, 17 February 2023.\n \n \n \n \n \n \n \n \n Chairman's Statement\n \n \n \n \n \n \n \n \n \n \"It is my pleasure to Chair the Company's AGM later this morning and to provide this update for shareholders. I will be giving a presentation on the Company's projects at the AGM and this is now live on our website.\n \n \n \n \n \n \n \n \n \n Since its discovery, the CS Natural Pozzolan-Perlite Project in Nevada, USA, has been, and continues to be, the main focus for our resources. It is our flagship project within a balanced portfolio of US projects and royalty interests that seeks to mitigate risk from over exposure to any one single project. We continue to engage with multiple interested parties who are potential partners for the CS Project. 2022 also saw, with limited input of our human and cash resources, the significant evolution of our Pioche Sepiolite Project and our second natural pozzolan project at Hazen, both also located in Nevada.\n \n \n \n \n \n \n \n \n \n Your Board believes these three key projects now form a strong Nevada based portfolio of industrial mineral project with solid fundamentals, each having the potential to significantly enhance shareholder value. The US Government is committed to carbon reductions strategies that, we believe, will inevitably lead to an increase in price and demand for natural pozzolan. Our CS and Hazen projects are well placed to take full advantage of this and with the added potential of the Pioche Project your Board believes that we have enhanced our prospects for value accretion in 2023.\n \n \n \n \n \n \n \n \n \n Strategy\n \n \n \n \n \n \n \n \n \n In the immediate future we will be wholly focused on the continued development of these key industrial mineral projects. Our strategy remains to partner with leaders in their respective industries who are already selling these same minerals into industrial markets. This strategy has been effective at the...