Nevada Sunrise Gold Corp.

Published : May 27th, 2016

Nevada Sunrise Announces Increase To Private Placement

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Keywords :   Lithium | Precious Metals |

Nevada Sunrise Announces Increase To Private Placement

b4cafcf1-1df0-4d21-9b65-69fea14846f7.pdf

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES

NEVADA SUNRISE GOLD CORPORATION

May 25, 2016 For Immediate Release

News Release TSX Venture: NEV

NEVADA SUNRISE ANNOUNCES INCREASE TO PRIVATE PLACEMENT

May 25, 2016, Vancouver, British Columbia - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSX-V: NEV) announced today that it has increased the size of its previously announced private placement from $400,000 to aggregate gross proceeds of up to $500,000. The Company announced on May 24, 2016, that it arranged a private placement of units (the "Units") at a price of $0.20 per Unit (the "Offering") with each Unit consisting of one common share of the Company (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase an additional common share (a "Warrant Share") at an exercise price of $0.32 per Warrant Share for a period of 24 months from the date of issuance.

A commission and finder's fee may be payable to parties at arm's length to Nevada Sunrise that have introduced the Company to certain subscribers participating in the Offering.

All securities issued in the Offering are subject to a fourmonth hold period, during which time the securities may not be traded. The securities described herein have not been registered under the U.S. Securities Act of

1933, as amended, and may not be offered or sold in the United States unless registered under the Act or unless an exemption from registration is available. Closing of the Offering is subject to the approval of the TSX Venture Exchange.

Proceeds from the Offering will be used to fund the exploration of the Company's Nevada lithium and precious metals properties, and as general working capital.

FOR FURTHER INFORMATION CONTACT:

Warren Stanyer, President and Chief Executive Officer Telephone: (604) 428-8028

Facsimile: (604) 484-7143

email: [email protected]

FORWARD LOOKING STATEMENTS

This release may contain forwardlooking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or

that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such

forwardlooking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forwardlooking statements are based on the beliefs, estimates and opinions of the

Company's management on the date such statements were made. The Company expressly disclaims any intention or obligation to update or revise any

forwardlooking statements whether as a result of new information, future events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts

responsibility for the adequacy of accuracy of this release. The Securities of Nevada Sunrise Gold Corporation have not been registered

under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to the account or benefit of any U.S. person.

Read the rest of the article at www.publicnow.com

Nevada Sunrise Gold Corp.

EXPLORATION STAGE
CODE : NEV.V
ISIN : CA64149P3007
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Nevada Sunrise Gold is a gold exploration company based in United states of america.

Its main exploration properties are KINSLEY MOUNTAIN, JUNIPER, IRON POINT and GOLDEN ARROW in USA.

Nevada Sunrise Gold is listed in Canada. Its market capitalisation is CA$ 8.9 millions as of today (US$ 7.7 millions, € 5.7 millions).

Its stock quote reached its highest recent level on February 17, 2012 at CA$ 2.50, and its lowest recent point on March 20, 2020 at CA$ 0.01.

Nevada Sunrise Gold has 38 500 000 shares outstanding.

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Nominations of Nevada Sunrise Gold Corp.
8/13/2013Announces Appointment of Warren Stanyer as Interim CEO
8/7/2013Announces Officer Resignation
Project news of Nevada Sunrise Gold Corp.
6/23/2015(Kinsley Mountain)Announces Discovery of New Zone at Kinsley Mountain
7/16/2013(Kinsley Mountain)Announces Drilling Program of 20,000 Meters Begins at Kinsle...
4/10/2013(Kinsley Mountain)Announces Pilot Gold 65% Earn-in on Kinsley Mountain and Pro...
10/9/2012(Kinsley Mountain)Reports 4.6 Metres of 9.5 g/t Oxide Gold at Kinsley Mountain
10/4/2012(Golden Arrow)on Golden Arrow Gold Project
9/5/2012Reports 13.7 Metres of 6.03 g/t Gold at Kinsley Mt.
7/17/2012Reports Kinsley Mt. Drill Results
10/25/2011Exploration - Be Part of It!
5/1/2009(Golden Arrow)Technical report
Corporate news of Nevada Sunrise Gold Corp.
7/25/2016Nevada Sunrise Receives Drill Permits For Clayton Ne And Gem...
6/20/2016Nevada Sunrise Options Nevada Lithium Projects To North Sout...
6/16/2016Nevada Sunrise Closes $500,000 Private Placement
6/2/2016Nevada Sunrise Receives Approval For Plan Of Operations At G...
5/31/2016Resolve Ventures Announces Neptune Lithium Projet Phase 1 Dr...
5/31/2016Nevada Sunrise Announces Neptune Lithium Project Phase 1 Dri...
5/27/2016Nevada Sunrise Announces Increase To Private Placement
5/19/2016Nevada Sunrise Provides Update On Nevada Lithium Projects
5/16/2016Nevada Sunrise Announces Albemarle Corporation Protest Of Wa...
5/4/2016NEVADA SUNRISE SIGNS DEFINITIVE AGREEMENT WITH RESOLVE VENTU...
5/3/2016Nevada Sunrise 2016 Annual General Meeting Results
4/25/2016Nevada Sunrise Announces Commencement Of 2016 Drilling Progr...
4/21/2016Nevada Sunrise Closes $504,000 Private Placement
4/19/2016Nevada Sunrise Neptune Property Lithium Exploration Update
3/21/2016Nevada Sunrise Exercises Option For Water Rights In Clayton ...
3/18/2016Nevada Sunrise Closes First Tranche of Private Placement
1/28/2016Download Corporate Presentation
1/28/2016Nevada Sunrise Option To Purchase Water Rights In Clayton Va...
1/26/2016Nevada Sunrise Appoints John Oldow To Technical Advisory Boa...
1/21/2016Nevada Sunrise Acquires Gemini Lithium Project In Nevada And...
1/20/2016Lithium Market Poised For Growth As Demand Spikes
1/4/2016Nevada Sunrise Receives Drill Permit For Neptune Lithium Pro...
11/24/2015Nevada Sunrise Applies for Drill Permit on Neptune Lithium P...
11/24/2015Nevada Sunrise Grants Stock Options
11/5/2015Nevada Sunrise Announces Initial Resource Estimate For Kinsl...
10/7/2015Nevada Sunrise Signs Option Agreements on Two Nevada Lithium...
10/2/2015Nevada Sunrise increases size of non-brokered private placem...
10/1/2015Nevada Sunrise Appoints David Shaw to Advisory Board
9/28/2015Nevada Sunrise Arranges $450,000 Non-Brokered Private Placem...
9/21/2015Nevada Sunrise Acquires Neptune Lithium Property In Nevada
9/14/2015Nevada Sunrise Announces Advisory Board Appointments
9/2/2015Nevada Sunrise Agreement On Lithium Claims In Clayton Valley...
7/13/2015Nevada Sunrise Announces Metallurgical Results from Kinsley ...
7/13/2015(Kinsley Mountain)announces metallurgical results from Kinsley Mountain
6/18/2015Nevada Sunrise Reports On Roulette Gold Project Exploration ...
3/30/2015Nevada Sunrise Announces Application to Amend Warrants Terms
3/23/2015Nevada Sunrise Announces Commencement of 2015 Exploration Pr...
3/3/2015Nevada Sunrise Jv Partner Pilot Gold Reports 6.15 G/T Gold O...
2/12/2015Nevada Sunrise Named to 2015 TSX Venture 50
2/5/2015Nevada Sunrise Provides Update on Golden Arrow Property in N...
1/19/2015Nevada Sunrise Reports Gold Recoveries Up To 95% At Kinsley ...
1/6/2015Nevada Sunrise Announces 2015 Exploration Program at Kinsley...
1/6/2015Nevada Sunrise Announces 2015 Exploration Program at Kinsley...
12/9/2014Nevada Sunrise JV Partner Pilot Gold Reports 10.1 G/T Gold O...
11/25/2014Nevada Sunrise Announces Earn-In Agreement For The Golden Ar...
11/17/2014Nevada Sunrise Agreement On The Roulette Gold Property In Ea...
8/15/2013Announces Election to Not Contribute to Initial Work Program...
4/11/2013News Release
10/9/2012(Kinsley Mountain)Reports 4.6 Metres of 9.5 G/T Oxide Gold at Kinsley Mountain...
5/11/2012Announcement
4/21/2012Announces Changes to Board
3/30/2012Announcement
9/21/2011from Nevada Sunrise Gold Corp
9/13/2011Announcement
6/10/2011Provides Project Updates
3/22/2011Announces the Termination of Animas' Option on Golden Arrow
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