Nevada Sunrise raises private placement to 12M

* Nevada Sunrise Metals (TSXV:NEV:CA) announced [https://seekingalpha.com/pr/20269890-nevada-sunrise-announces-increase-to-private-placement] an upsized direct private placement of up to 7M units, to a new total of up to 12M units at a price of $0.05 per unit for gross proceeds of up to $0.6M.
* The units will be issued on the same terms and will consist of one common share of the company and one common share purchase warrant.
* Each warrant will permit the holder to purchase an additional common share at a price of $0.075 for a period expiring three years following the closing date of the offering.
* The net proceeds will be used for the company's exploration work on the gold, copper, lithium, and other mineral property and general working capital.

MORE ON NEVADA SUNRISE METALS CORPORATION

* Financial information for Nevada Sunrise Metals Corporation [https://seekingalpha.com/symbol/NEV:CA/income-statement]