This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Nevada Sunrise Announces Share Consolidation

VANCOUVER, British Columbia, Dec. 12, 2013 (GLOBE NEWSWIRE) -- Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSX-V:NEV) announces that the board of directors has determined to proceed with a consolidation of its common shares on the basis of one (1) post-consolidated common share for every ten (10) pre-consolidated common shares held (the "Consolidation"). The Company will not complete a name change. The Consolidation will be effective December 16, 2013 and the common shares will trade on a post consolidation basis as of the open of the market on December 16, 2013.

The Consolidation was approved by shareholders of the Company at the Company's Annual and Special Meeting held on August 29, 2013 and remains subject to the approval of the TSX Venture Exchange. The Company currently has 96,673,175 common shares issued and outstanding and if the Consolidation is approved will have approximately 9,667,317 common shares issued and outstanding immediately following the Consolidation. Any resulting fractional shares remaining after Consolidation that is less than one-half of a common share will be cancelled and each fractional common share that is at least one half of a common share will be changed to one whole common share.

The Board of Directors is proceeding with the Consolidation on the basis that it will provide the Company with increased flexibility to seek additional financing opportunities.

About Nevada Sunrise Gold Corp.

Nevada Sunrise is a publicly-traded gold exploration company with projects in Nevada, namely the Golden Arrow project, which is operated by the Company, and a participating interest in a joint venture for the Kinsley Mountain project, operated by Pilot Gold Inc.  

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release. The  Securities  of  Nevada  Sunrise  Gold  Corporation  have  not  been registered under  the  United  States  Securities  Act  of  1933,  as  amended,  and  may  not  be  offered or sold  within  the  United  States  or  to  the  account  or  benefit  of  any  U.S.  person.
         Warren Stanyer
         Chief Executive Officer
         Telephone: (604) 428-8028
         Facsimile: (604) 689-5528

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 -1.15%
FB $117.58 0.73%
GOOG $693.01 0.29%
TSLA $240.76 -2.81%
YHOO $36.60 0.03%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs