Nevada Sunrise Gold Corp.

Nevada Sunrise Gold Corp.

February 19, 2010 19:04 ET

Nevada Sunrise Announces Non Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 19, 2010) - Nevada Sunrise Gold Corp., (TSX VENTURE:NEV)(the "Company") is pleased to announce a non-brokered private placement of up to 5,000,000 units at a price of $0.15 per unit, for aggregate gross proceeds of up to $750,000 CDN. Each unit will consist of one common share and one half common share purchase warrant. Each whole Warrant will entitle the holder to acquire one additional Share at a price of $0.25 within 12 months of issuance.

In connection with the Offering, a finder's fee equal to 7% of the proceeds from the sale of the Units and 7% on broker's warrants will be payable to referring parties.

The Offering and payment of the fee to the Agent is subject to approval of the TSX Venture Exchange.

Proceeds from the Offering will be used to fund the exploration of the Company's North-American resource properties and as general working capital.

About Nevada Sunrise

For the latest details on the Company, its properties, management team and philosophy, please visit our website at

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.

The TSX Venture exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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