Nevada Sunrise Announces Increase to Private Placement
Nevada Sunrise Announces Increase to Private
Placement
Vancouver, British Columbia--(Newsfile Corp. - October 16, 2025) -
Nevada Sunrise Metals
Corporation
(TSXV: NEV) (OTC Pink: NVSGF)
("
Nevada Sunrise
" or the "
Company
") is pleased
to announce an increase to the size of the non-brokered private placement announced earlier today of up
to 7,000,000 units, to a new total of up to 12,000,000 units (the "Offering") at a price of $0.05 per unit
(the "Units") for gross proceeds of up to $600,000, due to investor demand. The Units will be issued on
the same terms as those previously announced and will consist of one common share of the Company
and one common share purchase warrant (a "Warrant").
Each Warrant will entitle the holder to purchase
an additional common share (a "Warrant Share") at an exercise price of $0.075 per Warrant Share for a
period expiring three years following the closing date of the Offering.
Proceeds of the Offering will be used for:
Exploration work on the Company's Nevada gold, copper and lithium properties;
Other mineral property investigations, and general working capital.
The Offering is available to accredited investors and individuals that may qualify under certain other
statutory exemptions. The securities issued pursuant to the
Offering will be subject to a statutory four-
month hold period. Finder's fees may be payable to parties at arm's length to Nevada Sunrise that have
introduced the Company to certain subscribers participating in the Offering. The Offering is subject to
acceptance of the TSX Venture Exchange.
This news release does not constitute an offer of sale of any of the foregoing securities in the United
States. None of the foregoing securities have been and will not be registered under the U.S. Securities
Act of 1933, as amended (the "
1933 Act
") or any applicable state securities laws and may not be
offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined in
Regulation S under the 1933 Act) or persons in the United States absent registration or an applicable
exemption from such registration requirements. This news release does not constitute an offer to sell or
the solicitation of an offer to buy nor will there be any sale of the foregoing securities in any jurisdiction in
which such offer, solicitation or sale would be unlawful.
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, copper and lithium exploration projects located in
the State of Nevada, USA.
Nevada Sunrise holds the right to purchase a 100% interest in the
Griffon Gold Mine Project
, located
approximately 50 kilometers (33 miles) southwest of Ely, NV.
Nevada Sunrise holds the right to earn a 100% interest in the
Coronado Copper Project
, located
approximately 48 kilometers (30 miles) southeast of Winnemucca, NV.
Nevada Sunrise owns 100% interests in the
Gemini West, Jackson Wash
and
Badlands
lithium
projects, all of which are located in the Lida Valley in Esmeralda County, NV.
As a complement to its exploration projects in Esmeralda County, the Company owns
Nevada Water
Right Permit 86863,
also located in the Lida Valley basin, near Lida, NV.
For Further Information, Contact:
Warren Stanyer, President and Chief Executive Officer
Email:
Telephone: (604) 428-8028
Website:
www.nevadasunrise.ca
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 and include disclosure of
anticipated exploration activities. 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.
Such factors include, among others, risks related to future plans for the Company's Nevada mineral
properties; reliance on technical information provided by third parties on any of our exploration
properties; changes in mineral project parameters as plans continue to be refined; current economic
conditions; future prices of commodities; possible variations in grade or metallurgical recovery rates;
failure of equipment or processes to operate as anticipated; the failure of contracted parties to
perform; labor disputes and other risks of the mining industry; delays due to pandemic; delays due to
weather; delays in obtaining governmental approvals, financing or in the completion of exploration, as
well as those factors discussed in the section entitled "Risk Factors" in the Company's Management
Discussion and Analysis for the Nine Months ending June 30, 2025,
which is available under
Company's SEDAR+ profile at
www.sedarplus.ca
.
Although Nevada Sunrise has attempted to identify important factors that could cause actual actions,
events or results to differ materially from those described in forward-looking information, there may be
other factors that cause actions, events or results not to be as anticipated, estimated or intended.
There can be no assurance that such information will prove to be accurate as actual results and future
events could differ materially from those anticipated in such statements. Nevada Sunrise disclaims
any intention or obligation to update or revise any forward-looking information, whether as a result of
new information, future events or otherwise. Accordingly, readers should not place undue reliance on
forward-looking information.
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 or accuracy of
this release.
NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE
SERVICES
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/270793