/NOT FOR DISSEMINATION IN
Each Unit consists of one common share of the Company and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one common share at a price of
Proceeds of the Offering will be used for:
- Completion of a National Instrument 43-101-compliant mineral resource estimate for the
Gemini Lithium Project located inEsmeralda County, Nevada ("Gemini"); - Completion of a preliminary economic assessment (or "PEA") following the release of a maiden mineral resource estimate for Gemini;
- Exploration work on the Company's mineral properties;
- Other lithium property investigations, and general working capital.
Finder's fees 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 four–month hold period, during which time the securities may not be traded. Closing of the Offering is subject to the final acceptance of the
Nevada Sunrise is a junior mineral exploration company with a strong technical team based in
Nevada Sunrise owns 100% interests in the Gemini,
The Company's key gold asset is a 20.01% interest in a joint venture at the
1 Technical Report on the |
Nevada Sunrise has the right to earn a 100% interest in the
This release may contain forward–looking 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 and include disclosure of anticipated exploration activities. Although the Company believes the expectations expressed in such forward–looking 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. Forward–looking 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 forward–looking statements whether as a result of new information, future events or otherwise.
Such factors include, among others, risks related to future plans for the calculation of a mineral resource estimate and a PEA at the
Although Nevada Sunrise has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Nevada Sunrise disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise. Accordingly, readers should not place undue reliance on forward-looking information.
Neither
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