Finance Metals & Minerals News

Sunrise increases fundraise to £250,000

Sunrise Resources plc has raised approximately £50,000 from its completed oversubscribed retail open offer of 294,117,647 new ordinary shares at 0.017 pence per share.

Interests: metals and minerals licences and royalties in Nevada, USA (Pixabay)

TVRs

Funds raised add to those from the 31 July placing of 1,176,470,588 new ordinary shares, taking the total to £250,000.

Following admission, the company’s issued ordinary share capital will comprise 7,003,590,394
ordinary shares, with one voting right each.

Sunrise does not hold any ordinary shares in treasury.

The company has metals and minerals licences and royalties mainly in Nevada, USA.