“Nevada Sunrise: Last Chance to Invest!
Nevada Sunrise Gold Corporation (TSXV:NEV) (OTCQB:NVSGF) (OTCBB:NVSGF) has closed its final tranche of a private placement for gross proceeds of $117,328.00. The financing included the sale of 1,173,280 units at a price of $0.10 per unit. The Company’s CEO Warren Stanyer noted “we are committed to continuing to deliver value to our shareholders through our effective use of corporate resources and I am confident that this financing will help us achieve those goals”. The offering consisted of 12,681,280 units with total gross proceeds of $1,268,128.00.
The proceeds of the offering will be used for acquisitions, maintenance of the Company’s Nevada mineral interests, and general working capital purposes. Nevada Sunrise Gold Corporation is a Tier 1 Canadian based mineral exploration company that is focused on becoming a gold producer in the United States. To that end, the Company is focused on consolidating a portfolio of large-scale gold projects located in the Carlin Trend of northern Nevada.
Nevada Sunrise’s President and COO Mike Neylan highlighted the new financing saying “this closing of the placements in anticipation of the commencement of production at our Nevada properties is extremely positive and I am confident that it will help us achieve our goals.” The Company’s aggressive M&A strategy over the past few years has added significantly to their land holdings and has positioned the Company to capitalize on the production potential of multiple projects.
The Nevada Sunrise Gold Corporation is part of the Goldfielders portfolio of 200 companies. Goldfielders is a group of investments in precious and base metals, energy, agriculture, technology, and healthcare. In addition to Nevada Sunrise Gold Corporation, the portfolio includes a number of junior miners and exploration companies. The group also owns and operates a precious metals refinery and a wholesale distribution business.
The private placement closed by Nevada Sunrise is a great way for them to raise capital as they look to bolster operations and develop new projects. The capital raised will help the Company solidify and grow its presence in the mining industry. Nevada Sunrise has been making waves with their aggressive M&A strategy, and the closing of the placement is yet another step in their journey to becoming a gold producer in the United States. With a large landholding and strong portfolio of projects, it will be exciting to see what Nevada Sunrise Gold Corporation has to offer to shareholders in the future.