Sunrise Resources Plc Director's Dealing (0369L)

TIDMSRES

RNS Number : 0369L

Sunrise Resources Plc

20 December 2018

20 December 2018

SUNRISE RESOURCES PLC

(the "Company")

Director's Dealing

Sunrise Resources plc, the AIM-traded company focusing on the development of its CS Pozzolan-Perlite Project in Nevada, USA announces that Executive Chairman, Patrick Cheetham, purchased 5,000,000 Ordinary Shares of 0.1 pence each in the Company ("Ordinary Shares") on market, at a price of 0.099 pence per share, on 19 December 2018. These shares were purchased through his Self-Invested Personal Pension (SIPP).

Following this transaction) Patrick Cheetham is now beneficially interested in 90,390,369 Ordinary Shares (including 5,500,000 Ordinary Shares held by his wife, Karen Cheetham) representing 3.7% of the Company's issued share capital.

Further information:

 
 Sunrise Resources plc           Tel: [phone] 
  Patrick Cheetham, Executive 
  Chairman 
                                 Tel: [phone] 
   Beaumont Cornish Limited 
   Nominated Adviser 
   James Biddle/Roland Cornish 
                                 Tel: [phone] 
   SVS Securities Plc 
   Broker 
   Tom Curran/Ben Tadd 
 

Market Abuse Regulation

The information set out below is provided in accordance with the requirements of Article 19(3) of Regulation (EU) No.596/2014 of the European Parliament and of the Council.

 
  1     Details of the person discharging managerial responsibilities 
         I person closely associated 
 a)    Name                                  Patrick Cheetham 
      ------------------------------------  ------------------------------------- 
 2     Reason for the notification 
      --------------------------------------------------------------------------- 
 a)    Position/status                       Executive Chairman 
      ------------------------------------  ------------------------------------- 
 b)    Initial notification                  Initial notification 
        /Amendment 
      ------------------------------------  ------------------------------------- 
 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                    Ordinary Shares of 0.1 pence each 
        financial instrument, 
        type of instrument 
      ------------------------------------  ------------------------------------- 
      Identification code                    GB00B075Z681 
      ------------------------------------  ------------------------------------- 
 b)    Nature of the transaction             Buying 
      ------------------------------------  ------------------------------------- 
 c)    Price(s) and volume(s)                Price(s)              Volume(s) 
      ------------------------------------  --------------------  --------------- 
   0.099 pence                                                     5,000,000 
  --------------------------------------------------------------  --------------- 
 d)    Aggregated information 
        - Aggregated volume                    N/A (Single transaction) 
        - Price 
      ------------------------------------  ------------------------------------- 
 e)    Date of the transaction               19 December 2018 
    14:30 UTC 
  ------------------------------------------------------------------------------- 
 f)    Place of the transaction              Outside a trading venue (XOFF) 
      ------------------------------------  ------------------------------------- 
 

About Sunrise Resources plc

The Company's objective is to develop profitable mining operations at the CS Pozzolan-Perlite Project in Nevada, USA and unlock the value inherent in our diverse portfolio of industrial minerals, precious metals and base metal projects.

Shares in the Company trade on AIM under the symbol "SRES" and also on the NEX Exchange (Secondary Market).

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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December 20, 2018 02:00 ET (07:00 GMT)