Director's Dealing

RNS Number : 0369L

Sunrise Resources Plc

20 December 2018

 

20 December 2018

SUNRISE RESOURCES PLC

(the "Company")

Director's Dealing

Sunrise Resources plc, the AIM-traded company focusing on the development of its CS Pozzolan-Perlite Project in Nevada, USA announces that Executive Chairman, Patrick Cheetham, purchased 5,000,000 Ordinary Shares of 0.1 pence each in the Company ("Ordinary Shares") on market, at a price of 0.099 pence per share, on 19 December 2018.  These shares were purchased through his Self-Invested Personal Pension (SIPP).

Following this transaction) Patrick Cheetham is now beneficially interested in 90,390,369 Ordinary Shares (including 5,500,000 Ordinary Shares held by his wife, Karen Cheetham) representing 3.7% of the Company's issued share capital.

Further information:

Sunrise Resources plc Patrick Cheetham, Executive Chairman	Tel: [phone]
Beaumont Cornish Limited Nominated Adviser James Biddle/Roland Cornish	Tel: [phone]
SVS Securities Plc Broker Tom Curran/Ben Tadd	Tel: [phone]

Market Abuse Regulation

The information set out below is provided in accordance with the requirements of Article 19(3) of Regulation (EU) No.596/2014 of the European Parliament and of the Council.

1	Details  of  the  person   discharging  managerial   responsibilities I person closely associated
a)	Name	Patrick Cheetham
2	Reason for the notification
a)	Position/status	Executive Chairman
b)	Initial notification /Amendment	Initial notification
3	Details  of  the  issuer,  emission  allowance  market   participant, auction  platform, auctioneer or auction monitor
a)	Name	Sunrise Resources plc
b)	LEI	213800MGDOE974QHPZ44
4	Details of the transaction(s): section to be repeated  for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description  of the financial  instrument, type of instrument	Ordinary Shares of 0.1 pence each
	Identification code	GB00B075Z681
b)	Nature of the transaction	Buying
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		0.099 pence	5,000,000
d)	Aggregated information - Aggregated volume  - Price	N/A (Single transaction)
e)	Date of the transaction	19 December 2018 14:30 UTC
f)	Place of the transaction	Outside a trading venue (XOFF)

About Sunrise Resources plc

The Company's objective is to develop profitable mining operations at the CS Pozzolan-Perlite Project in Nevada, USA and unlock the value inherent in our diverse portfolio of industrial minerals, precious metals and base metal projects.

Shares in the Company trade on AIM under the symbol "SRES" and also on the NEX Exchange (Secondary Market).

 

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