Nevada Sunrise Metals Corporation announced a non-brokered private placement of 20,000,000 units at a price of CAD 0.08 per unit for the gross proceeds of CAD 1,600,000 on August 16, 2023. Each unit consists of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at an exercise price of CAD 0.12 for a period expiring 2 years from the closing date of the offering.

The offering is subject to acceptance of the TSX Venture Exchange.