Nevada Sunrise Gold (NEV-V) June 16, '16 announced today that it has closed its non-brokered private placement of units (the "Units") at a price of $0.20 per Unit with each Unit consisting of one common share of the Company and one common share purchase warrant. Each common share purchase warrant will entitle the holder to purchase an additional common share at an exercise price of $0.32 per Warrant Share until June 16, 2018. Nevada Sunrise placed 2,500,000 Units in the Offering for gross proceeds of $500,000.
Securities issued in the Offering are subject to a hold period until October 17, 2016, during which time the securities may not be traded. The securities described herein have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States unless registered under the Act or unless an exemption from registration is available.
Proceeds from the Offering will be used to fund the exploration of the Company's exploration properties and as general working capital.
SOURCE Nevada Sunrise Gold Corporation
 Warren Stanyer, Chief Executive Officer,
Telephone: (604) 428-8028,
Facsimile: (604) 484-7143,
Email: warrenstanyer@telus.net
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