Proactive Investors - Run By Investors For Investors

Sunrise Resources boss increases shareholding

Cheetham purchased an additional 1mln shares at an average price of 0.207p.
Sunrise Resources boss increases shareholding
It increases his stake in the company to around 3.87%.

Sunrise Resources (LON:SRES) has revealed that executive chairman Patrick Cheetham has increased his shareholdings in the company.

Cheetham purchased an additional 1mln shares at an average price of 0.207p.

It increases his stake in the company to around 3.87%.

Last month, Sunrise told investors it had made "excellent" progress in its two main aims; to generate cash flow from advanced projects, and to add value by testing more speculative exploration targets.

It also revealed in December that it had staked claims over a second industrial minerals project - a pozzolan project - in Nevada, USA. That followed news it had leased out its County Line Diatomite claims to EP Minerals in the US for 25 years.

At the Bay State silver project, also in the US, highlight of the period include bonanza grades from underground sampling, while high grade silver was also intercepted from the first three holes.

View full SRES profile View Profile

Sunrise Resources Plc Timeline

Related Articles

picture of fridges
November 30 2017
Discussions are advanced over acquisitions in both the fluorspar and industrial minerals sector
Intermin Resources: Access latest PPT from Proactive's CEO Sessions
April 13 2017
Jon Price talked funding drilling program in world-class region with investors.
March 16 2017
Mark Wilson discussed with investors exploration on one of Australia's host post codes, the Fraser Range of Western Australia, with partner Creasy Group.

No investment advice

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

© Proactive Investors 2018

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use