Director share purchase

RNS Number : 0745L

Sunrise Resources Plc

07 January 2016

 

7 January 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 6 January 2016 Patrick Cheetham, Executive Chairman, purchased 1,000,000 ordinary shares of 0.1p each in the Company ("Ordinary Shares") at an average price of 0.207p per share. Of these, 250,000 Ordinary Shares were purchased through his Self-Invested Personal Pension (SIPP) and 750,000 Ordinary Shares were purchased through his Individual Savings Account (ISA).

Following this transaction, Patrick Cheetham is beneficially interested in 26,725,951 Ordinary Shares (approximately 3.87% of the Company's issued share capital) including 5,500,000 Ordinary Shares held by his wife, Karen Cheetham.

Further information:

Sunrise Resources plc Patrick Cheetham, Executive Chairman	Tel:	[phone]
Northland Capital Partners Limited Edward Hutton/David Hignell (Corporate Finance) John Howes (Broking)	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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