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Sunrise Energy Metals Ltd SREMF

Metals & Mining Industrial Metals & Minerals
Sunrise Energy Metals Limited is an Australia-based company engaged in the development of its Sunrise Battery Materials Complex (Sunrise Project) in New South Wales (NSW). The Sunrise Project is a supplier of battery raw materials and aluminum-scandium alloys. It is utilizing its Clean-iX resin technology for extraction and purification of a range of metals and progressing exploration activities at its other mineral tenements. Its Clean-iX Continuous Resin-In-Column is a continuous counter-current process that extracts metals from clarified leach solutions. Its Clean-iX Continuous Resin-In-Pulp is a continuous countercurrent process that directly extracts metals from leached pulps. It is advancing activities across its range of exploration assets in NSW. Its limestone exploration includes Hunters (EL9627), EL8883 Meloola and EL8833 Boona Gap, Gleninga South (EL9598) and Gleninga (EL8882). It also focused on rare earth elements exploration, which includes Minore (EL9031 and EL8961).


OTCQX:SREMF - Post by User

Sunrise Energy Metals Ltd
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Comment by kjs4381on Feb 01, 2011 10:14am
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Post# 18054367

RE: RE: food for thought

RE: RE: food for thoughtI could be wrong but I think they put out a release if  the additional allotment is picked up.  They have 30 days to exercise that option.(The underwriters have an optionto purchase up to an additional 11,002,500 common shares at theoffering price until 30 days after the closing of the offering foradditional gross proceeds of up to approximately $16.5-million.) This was from the last release concerning the placement. GLTA
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities