Nevada Sunrise Announces Application to Amend Warrants Terms
Nevada Sunrise Announces Application to Amend Warrants Terms
TSXV: NEV
VANCOUVER, May 11, 2018 /CNW/ - Nevada Sunrise Gold Corporation ("Nevada Sunrise") (TSXV:
NEV) announced today that it will make an application to the TSX Venture Exchange (the "TSXV") to
amend the terms of 2,450,000 outstanding share purchase warrants (the "Warrants") issued on June 16,
2016 in connection with a non-brokered private placement (for further details on the private placement
see Nevada Sunrise news release dated June 16, 2016).
Nevada Sunrise will make application to the TSXV to amend the Warrants as follows:
• to extend the term of 2,450,000 Warrants for an additional two years to June 16, 2020;
• to reduce the exercise price from $0.32 to $0.25.
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, cobalt, copper and lithium 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) near Wendover, with each of the
properties subject to certain production royalties.
In November 2017, Nevada Sunrise announced an option to earn a 100% interest in the historic Lovelock
Cobalt Mine property, located approximately 100 miles (150 kilometers) east of Reno. In March 2018, the
Company announced options to earn 100% interests in the Treasure Box and Boyer Mine copper
properties, located approximately 3.6 miles (5.8 kilometers) southwest of the Lovelock Cobalt Mine.
Nevada Sunrise began acquisitions of Nevada lithium properties in 2015, which includes 100% interests
in the Neptune, Jackson Wash and Aquarius projects, and a 50% interest in the Gemini project (Eureka
Resources Inc. (TSXV: EUK) holds a 50% interest), and a 100% interest in the Atlantis project, currently
under option to American Lithium Corp. (TSXV: LI). For further information on other Nevada lithium
projects operated by the Company (Aquarius, Neptune, Jackson Wash and Gemini), including location
maps, please visit the Nevada Sunrise website at: "Projects – Nevada Lithium":
http://www.nevadasunrise.ca/projects/nevadalithium/
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
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%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 08:00e 11-MAY-18