Pioche Sepiolite Project
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Further to its announcement of 27 December 2023, Sunrise Resources plc wishes to advise that the option extension fee of US$100,000 has been received from Tolsa USA, Inc. ("Tolsa") and Tolsa's option to purchase the Company's Pioche Sepiolite Project for the increased amount of US$1.4 million is therefore extended to 28 December 2024.
In the event that the purchase option is exercised by Tolsa, the Company will retain a 3% ad velorem royalty on future production of sepiolite.
Shares in the Company trade on AIM. EPIC: "SRES".
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