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Sunrise Resources Converts Security to Shares, Updates Voting Rights

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Sunrise Resources Converts Security to Shares, Updates Voting Rights

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The latest announcement is out from Sunrise Resources ( (GB:SRES) ).

Sunrise Resources Plc has announced the conversion of £27,000 of its Second Convertible Security into 270,000,000 new ordinary shares, which will be admitted to trading on AIM around 21 February 2025. This conversion reduces the face value of the security to £123,000 and increases the total voting shares to 5,439,980,696, impacting shareholder voting rights and market disclosure under Financial Conduct Authority rules.

More about Sunrise Resources

Sunrise Resources Plc operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the production and sale of various mineral commodities, leveraging its market position to supply raw materials for industrial applications.

YTD Price Performance: -11.11%

Average Trading Volume: 8,557,004

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.24M

See more insights into SRES stock on TipRanks’ Stock Analysis page.

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