Sunrise Resources PLC Regulatory News (SRES)

SUNRISE RESOURCES PLC

 CORRECTION - DIRECTORS' SHARE ISSUE

Sunrise Resources plc announces that the announcement issued at 09.58, 4 August 2011 (RNS number 7423L) contained a minor error in the third paragraph in respect of the share interests of Mr Cheetham. The third paragraph has been amended to read as follows:

"Following these issues, Patrick Cheetham, together with his wife K Cheetham, is interested

in 10,881,198 ordinary shares, representing 3.48 per cent of the enlarged issued share capital, Francis Johnstone is interested in 2,668,498 ordinary shares, being 0.85 per cent of the enlarged issued share capital, and Neil Herbert is interested in 3,807,139 ordinary shares, being 1.22 per cent of the enlarged issued share capital."

The full announcement including the amended third paragraph is set out below.

SUNRISE RESOURCES PLC

DIRECTORS' SHARE ISSUE

Sunrise Resources plc ("Sunrise" or "the Company" - AIM: SRES) announces that, on 29 July 2011, the Board of Sunrise agreed to issue new ordinary shares in the Company to its directors in lieu of net fees for the six month period ended 30 June 2011.

Accordingly, Patrick Cheetham, Executive Chairman, has been issued with 135,324 new ordinary shares, Francis Johnstone, non-executive director, has been issued with 200,440 new ordinary shares and Neil Herbert, non-executive director, has been issued with 200,440 new ordinary shares. In each case, the new ordinary shares were issued at a price of 2.625 pence per share, being the closing mid-market price of the ordinary shares on 28 July 2011.

Following these issues, Patrick Cheetham, together with his wife K Cheetham, is interested

in 10,881,198 ordinary shares, representing 3.48 per cent of the enlarged issued share capital, Francis Johnstone is interested in 2,668,498 ordinary shares, being 0.85 per cent of the enlarged issued share capital, and Neil Herbert is interested in 3,807,139 ordinary shares, being 1.22 per cent of the enlarged issued share capital.

Following these issues, the total number of ordinary shares in issue will be 312,738,905. Application has been made for the 536,204 new ordinary shares to be admitted to trading on AIM and admission is expected to occur on 10 August 2011.

ENQUIRIES

Further Information:

Sunrise Resources plc Tel: +44 (0)845 868 4590

Patrick Cheetham, Executive Chairman Mobile: +44 (0)7767 458751

Northland Capital Partners Limited Tel: +44 (0)20 7796 8800

Gavin Burnell / Rod Venables

Charles Vaughan (Corporate Broking)

Yellow Jersey PR Tel: +44 (0)20 8980 3545

Dominic Barretto