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Home : Nevada Sunrise Announces Private Placement
Jun 22
2011

Nevada Sunrise Announces Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 21, 2011) - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSX VENTURE:NEV) has arranged a non-brokered private placement (the "Offering") consisting of up to 15,000,000 units (the "Units") at a price of $0.05 per Unit, for aggregate gross proceeds of up to $750,000 CDN. Each Unit consists of one common share (a "Share") and one-half common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase an additional common share (a "Warrant Share") at a price of $0.10 for a period of 18 months from the date of issuance. In connection with the offering, a finder's fee equal to 8% of the proceeds from the sale of the units and warrants entitling the holder to purchase such number of common shares as is equal to 10% of the number units sold, at a price of $0.10 per common share, for a period of 18 months from closing.
Source:http://www.marketwire.com/mw/release.do?id=1529713&sourceType=3
 
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