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Vancouver, British Columbia. Nevada Sunrise Metals Corporation announced a private placement of up to $1,260,000 through the issuance of 42,000,000 units at $0.03 per unit. Each Unit comprises one common share and one common share purchase warrant, and each Warrant entitles the holder to acquire one common share at $0.05 for three years following the closing of the Offering. The placement is available to accredited investors and certain other statutory exemptions, securities will be subject to a statutory four‑month hold period, finder’s fees may be payable to arm’s‑length parties that introduced subscribers, and the Offering is subject to acceptance by the TSX Venture Exchange. The release also states the securities have not been and will not be registered under the U.S. Securities Act and will not be offered or sold in the United States absent registration or an applicable exemption. The company said proceeds are expected to fund operating expenses and outstanding payables over the next 12 months, with a stated allocation of $800,000 to mineral exploration, $155,000 to mineral property option payments, $69,500 to investor relations and promotion, $195,000 to management fees and salaries due to non‑arm’s‑length parties, and $40,500 to other outstanding payables and unallocated working capital. Nevada Sunrise is a junior mineral exploration company based in Vancouver with gold, copper and lithium projects in Nevada, and the news release includes customary forward‑looking statements and risk disclosures and a disclaimer of any obligation to update those statements.

Prepared by Christopher Adams and reviewed by editorial team.