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Nevada Sunrise Announces Application to Amend Warrants Term

Share Capital & Compensation

Nevada Sunrise Announces Application to Amend Warrants Term

TSXV: NEV

VANCOUVER, Feb. 6, 2018 /CNW/ - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the

"Company") (TSXV: NEV) announces that it will make an application to the TSX Venture Exchange (the

"TSXV") to amend the term of an aggregate of 565,000 outstanding share purchase warrants, (the

"Warrants") which were issued in connection with a non-brokered private placement (see Nevada Sunrise

news releases dated February 10, 2016 and February 24, 2016).

The Company is seeking to extend the term of the Warrants for an additional two years. The expiry date

of the Warrants would be extended to February 24, 2020. The exercise price of the Warrants will remain

unchanged, at $0.30 per Warrant. The application to extend the expiry date of the Warrants is subject to

acceptance by the TSXV.

About Nevada Sunrise

Nevada Sunrise is a junior mineral exploration company with a strong technical team based in

Vancouver, BC, Canada, that holds interests in gold, lithium and cobalt mineral exploration projects in the

State of Nevada, USA.

The Company's two key gold assets include a 100% interest in the Golden Arrow project near Tonopah,

currently the subject of a transaction with Emgold Mining Corporation (TSXV: EMR) and a 21% interest in

a joint venture at Kinsley Mountain with Liberty Gold Inc. (TSX: LGD, formerly Pilot Gold Inc.) near

Wendover, with each of the properties subject to certain production royalties.

Nevada Sunrise began acquisitions of Nevada lithium properties in 2015, which includes 100% interests

in the Neptune, Jackson Wash and Aquarius projects, a 50% interest in the Gemini project (Eureka

Resources Inc. (TSXV: EUK) holds a 50% interest), and the right to earn 100% of the Atlantis

project, currently under option to American Lithium Corp. (TSXV: LI). For further information on the

Nevada lithium projects operated by the Company, including location maps, please visit the Nevada

Sunrise website at: "Projects – Nevada Lithium": http://www.nevadasunrise.ca/projects/nevadalithium/

In December 2017, Nevada Sunrise announced a definitive agreement to earn a 100% interest in the

historic Lovelock Cobalt Mine property, located approximately 100 miles (150 kilometres) east of Reno.

FORWARD LOOKING STATEMENTS

This release may contain forward‐looking statements. Forward looking statements are statements that are

not historical facts and are generally, but not always, identified by the words "expects", "plans",

"anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that

events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the

expectations expressed in such forward‐looking statements are based on reasonable assumptions, such

statements are not guarantees of future performance and actual results may differ materially from those

in forward looking statements. Forward‐looking statements are based on the beliefs, estimates and

opinions of the Company's management on the date such statements were made. The Company

expressly disclaims any intention or obligation to update or revise any forward‐looking statements

whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this

release. The Securities of Nevada Sunrise Gold Corporation have not been registered under the

United States Securities Act of 1933, as amended, and may not be offered or sold within the

United States or to the account or benefit of any U.S. person.

SOURCE Nevada Sunrise Gold Corporation

View original content with multimedia:

http://www.newswire.ca/en/releases/archive/February2018/06/c8515.html

%SEDAR: 00026824E

For further information: Warren Stanyer, President and Chief Executive Officer, Telephone: (604)

428-8028, Facsimile: (604) 484-7143, Email: [email protected]

CO: Nevada Sunrise Gold Corporation

CNW 16:00e 06-FEB-18