Director's Dealing

RNS Number : 6100S

Sunrise Resources Plc

18 March 2016

 

18 March 2016

SUNRISE RESOURCES PLC

("Sunrise" or "the Company")

Director's Dealing

Sunrise Resources plc, the AIM-quoted diversified mineral exploration and development company, has been notified that on 17 March 2016 David Swan, Non-Executive Director, transferred 7,036,444 ordinary shares of 0.1p each in the Company ("Ordinary Shares") from his personal holding into his TD Direct Investing Nominees (Europe) Limited Trading Account.

The purpose of this share transfer was to facilitate the subsequent sale and re-purchase of the 7,036,444 Ordinary Shares into his Self-Invested Personal Pension (SIPP) at a price of 0.2p per share (the "Transaction"). Instruction for the Transaction to be executed has been given and the Transaction will complete by the close of business on 23 March 2016.

Following completion of the Transaction, David Swan will remain beneficially interested in 7,036,444 of the Company's Ordinary Shares (approximately 0.94% of the Company's issued share capital).

Further information:

Sunrise Resources plc Patrick Cheetham, Executive Chairman	Tel:	[phone]
Northland Capital Partners Limited Nominated Adviser & Joint Broker Edward Hutton/David Hignell (Corporate Finance) John Howes/Rob Rees (Broking)	Tel:	[phone]
Beaufort Securities Limited Joint Broker Jon Belliss	Tel:	[phone]

About Sunrise Resources plc

Sunrise Resources plc is an AIM-traded diversified mineral exploration and development company. The Company's objective is to develop profitable mining operations to sustain the Company's wider exploration efforts and create value for shareholders through the discovery of world-class deposits.

The Company has diamond and gold exploration interests in Western Australia and has staked claims and acquired leases over a number of base, precious metal and industrial mineral projects in Nevada, USA. The Company holds a royalty interest from EP Minerals in a diatomite project in Nevada and holds a white barite project in South-West Ireland.

Shares in the Company trade on AIM. EPIC: "SRES"

http://www.sunriseresourcesplc.com

 

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