Exercise of Warrants & TVR

RNS Number : 1988A

Sunrise Resources Plc

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 Patrick Cheetham, Executive Chairman	Tel: +44 (0)1625 838 884
Beaumont Cornish Limited Nominated Adviser James Biddle/Roland Cornish	Tel: +44 (0)207 628 3396
Peterhouse Capital Limited Broker Lucy Williams/Duncan Vasey	Tel: +44 (0)207 469 0930

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 - Price	N/A (Single transaction)
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

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