REG - Sunrise Resources - Exercise of Warrants & TVR

Sunrise ResourcesAnnouncement

31/01/2022 15:45

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RNS Number : 1988A  Sunrise Resources Plc  31 January 2022

31 January 2022

SUNRISE RESOURCES PLC

("Sunrise" or "the Company")

 

Warrant Exercise

 

Sunrise Resources plc, the AIM-traded company focusing on the development of
its CS Pozzolan-Perlite Project in Nevada, USA, announces it has received
notice to exercise warrants over 500,000 new ordinary shares of 0.1 pence each
in the Company ("the Warrant Shares") from Mrs Judith Hayes, an employee of
Tertiary Minerals plc which is providing management services to the Company.

 

The exercise price of the Warrant Shares is 0.135 pence per Warrant and
payment has been received by the Company.

 

The Warrant Shares will rank pari passu with the existing Ordinary Shares and
application will be made to the London Stock Exchange for the Warrant Shares
to be admitted to trading on AIM ("Admission"). It is expected that Admission
will occur on or around Friday 4 February 2022.

 

Total Voting Rights

 

For the purposes of the Disclosure and Transparency Rules of the Financial
Conduct Authority, the Board of Sunrise hereby notifies the market that
further to Admission, the Company's issued share capital will consist of
3,711,086,466 Ordinary Shares with a nominal value of 0.1p each, with voting
rights ("Ordinary Shares"). The Company does not hold any Ordinary Shares in
Treasury.

 

Therefore, the total number of Ordinary Shares in the Company with voting
rights will be 3,711,086,466. This figure may be used by Shareholders in the
Company as denominator for the calculations by which they may determine if
they are required to notify their interest in, or a change to their interest
in, the Company under the Financial Conduct Authority's Disclosure Guidance
and Transparency Rules.

 

 

Further information:

 

 Sunrise Resources plc                  Tel: +44 (0)1625 838 884

 Patrick Cheetham, Executive Chairman
                                        Tel: +44 (0)207 628 3396

 Beaumont Cornish Limited

 Nominated Adviser

 James Biddle/Roland Cornish
                                        Tel: +44 (0)207 469 0930

 Peterhouse Capital Limited

 Broker

 Lucy Williams/Duncan Vasey

Market Abuse Regulation (MAR) Disclosure

 

The information set out below is provided in accordance with the requirements
of Article 19(3) of the Market Abuse Regulations (EU) No. 596/2014 which
forms part of UK domestic law by virtue of the European Union (Withdrawal) Act
2018 ('MAR').

 

 

 

 

 

 

 

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM.

 

 1   Details  of  the  person   discharging  managerial   responsibilities
     I person closely associated
 a)  Name                                                              Judith Hayes
 2   Reason for the notification
 a)  Position/status                                                   Administration Manager
 b)  Initial notification /Amendment                                   Initial notification
 3   Details  of  the  issuer,  emission  allowance  market   participant,
     auction  platform, auctioneer or auction monitor
 a)  Name                                                              Sunrise Resources plc
 b)  LEI                                                               213800MGDOE974QHPZ44
 4   Details of the transaction(s): section to be repeated  for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description  of the financial  instrument, type of instrument     Ordinary Shares of 0.1p each

     Identification code                                               GB00B075Z681
 b)  Nature of the transaction                                        Exercise of Warrants
 c)  Price(s) and volume(s)                                            Price(s)                   Volume(s)
      0.135 pence                                                                                 500,000
 d)  Aggregated information

     - Aggregated volume                                               N/A (Single transaction)

     - Price

 e)  Date of the transaction                                           31/01/2022

                                                                       14:00 UTC

 f)  Place of the transaction                                          Outside a trading venue (XOFF)

 

 

 

 

Shares in the Company trade on AIM. EPIC: "SRES". Website:
www.sunriseresourcesplc.com (http://www.sunriseresourcesplc.com)

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