Issue of Equity

RNS Number : 7918H

Sunrise Resources Plc

03 June 2011

 



3 June 2011

Sunrise Resources plc ("the Company")

Issue of Equity

The Company announces that it has allotted and issued 1,000,000 new ordinary shares pursuant to the exercise of warrants at a price of 0.675p to Mr Gordon Salo, owner of the Long Lake project claims in Sudbury, Canada where the Company holds exploration rights.

Application will be made for the admission of the 1,000,000 new ordinary shares to be admitted to trading on the AIM market. The new ordinary shares will rank pari passu with the existing ordinary shares of the Company and trading of these shares on AIM is expected to commence on 9 June 2011.

Following admission, the Company's enlarged issued share capital will comprise   312,202,701 ordinary shares with one voting right per share. There are no shares held in treasury and the total number of voting rights in the Company is therefore  312,202,701.

This figure of 312,202,701 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FSA's Disclosure and Transparency Rules.

Further Information:

Sunrise Resources plc                                                        Tel:  [phone]

Patrick Cheetham, Executive Chairman                                Mobile: [phone]

www.sunriseresourcesplc.com

Northland Capital Partners Limited                                   Tel: [phone]

Gavin Burnell / Rod Venables

Charles Vaughan (Corporate Broking)

Yellow Jersey PR                                                                  Tel: [phone]

Dominic Barretto

 

 

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