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Sunrise Res Information
Share Price Information for Sunrise Res (SRES)
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Share Price:
0.0475
Bid:
0.045
Ask:
0.05
Change:
0.00 (0.00%)
Spread:
0.005 (11.111%)
Open:
0.0475
High:
0.0475
Low:
0.0475
Prev. Close:
0.0475
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Don't have an account? Click here to register.Sunrise Resources offloads holding in Block Energy
Wed, 19th Jun 2019 11:26
(Sharecast News) - Sunrise Resources has sold its shareholding in Block Energy, it announced on Wednesday.The AIM-traded company said its holding of 466,474 shares in Block Energy was sold on 18 June, at an average price of 10.43p per share, making for gross proceeds of £48,649.That represented a book profit of £23,120 after acquisition and disposal costs.Sunrise said the net proceeds of the sale would be added to its existing cash resources, and used to advance its CS Pozzolan-Perlite Project in Nevada."Whilst we see a bright future for Block Energy this disposal is in line with our strategy to sell or joint venture non-core assets as an alternative to raising money from the markets as we progress our CS Project towards production," said Sunrise Resources executive chairman Patrick Cheetham.
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Sunrise Resources plunges despite positive update from Nevada project
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Read more20 Apr 2015 10:59