VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 4, 2012) - Nevada Sunrise Gold Corporation (the "Company") (TSX VENTURE:NEV) is pleased to announce the results of the Company's Annual General Meeting (the "AGM") held on November 30, 2012, in Vancouver, Canada.
The Company is pleased to report that at its AGM the shareholders re-elected a five member board consisting of incumbent directors William B. Henderson, Warren Stanyer, Suraj Ahuja and Cory H. Kent, and director nominee Michael Sweatman.
Michael Sweatman possesses in excess of 20 years experience as a Chartered Accountant in public and private practice and has worked with and provided advice to many companies listed on the TSX Venture and Toronto Stock Exchanges. Mr. Sweatman was admitted to the Institute of Chartered Accountants of British Columbia in 1982 and in the Yukon in 1990. He has been the principal of Michael Sweatman Limited, Chartered Accountant, since 1999. In addition, Mr. Sweatman serves a number of reporting companies in Canada and the United States as director or officer, including as Director and the Chief Financial Officer of Pan American Gold Corporation, a reporting company listed on the United States OTC Bulletin Board, director of Brownstone Resources Ltd., Mega Silver Inc. (MSR.V) and Glenthorne Enterprises Ltd. (GLT.P), which are reporting companies listed on the TSX Venture Exchange, and of Mega Uranium Ltd., which is listed on the Toronto Stock Exchange. Mr. Sweatman was the Chief Financial Officer and is now V.P. Business Accountant of Run of the River Power Inc., and CFO of Marifil Mines Limited, which are both reporting companies listed on the TSX Venture Exchange.
In addition, the shareholders re-appointed Davidson & Company LLP, Chartered Accountants, as its auditor with remuneration to be fixed by the directors and re-approved the continuation of its current share option plan.
The shareholders also approved the continuance of the Share Option Plan. The Company has granted incentive stock options to certain directors and officers of the Company to purchase up to 1.7 million common shares in the capital stock of the Company pursuant to its shareholder approved stock option plan. All of the options are fully-vested and are exercisable at a price of $0.15 per common share, expiring on December 4, 2017.
About Nevada Sunrise Gold Corp.
Nevada Sunrise (TSX VENTURE:NEV) is a publicly-traded gold exploration company that holds a portfolio of three projects in Nevada, namely Kinsley Mountain, Golden Arrow, and Pinnacle, totalling approximately 15,735 acres (6,368 hectares) of prospective land. Nevada Sunrise applies the exploration experience and technical skills of its founders to search for and acquire new gold exploration projects that are developed internally and then offered for joint venture. For the latest details on the Nevada Sunrise, its properties, management team and philosophy, please visit our website at www.nevadasunrise.com.
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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.