Sunrise Resources ( (GB:SRES) ) just unveiled an announcement.
Sunrise Resources Plc announced the successful passing of all resolutions at its Annual General Meeting, including the re-election of Mr. James Cole as a director despite significant opposition. The company acknowledges shareholder dissatisfaction with its share price performance, attributing the vote against Mr. Cole as a protest. Additionally, the approval of resolutions allowing the issuance of new shares and dis-application of pre-emption rights provides Sunrise Resources with flexibility to raise capital, crucial for its operations given its lack of regular income. The company plans to continue engaging with shareholders to address concerns and maintain its operational viability.
More about Sunrise Resources
Sunrise Resources Plc operates in the resource exploration and development industry, focusing on identifying and developing mineral projects. The company primarily engages in the exploration of industrial minerals and precious metals, aiming to enhance its market position through strategic project development and partnerships.
YTD Price Performance: -36.67%
Average Trading Volume: 8,084,404
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.06M
See more data about SRES stock on TipRanks’ Stock Analysis page.