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Issue of Equity

3rd Jun 2011 07:00

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: +44 (0)845 868 4590

Patrick Cheetham, Executive Chairman Mobile: +44 (0)7767 458751

www.sunriseresourcesplc.com

 

Northland Capital Partners Limited Tel: +44 (0)20 7796 8800

Gavin Burnell / Rod Venables

Charles Vaughan (Corporate Broking)

 

Yellow Jersey PR Tel: +44 (0)20 8980 3545

Dominic Barretto

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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