BRIEF-Nevada Sunrise signs definitive agreement with Resolve Ventures

Wed May 4, 2016 9:19am EDT
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May 4 (Reuters) - Nevada Sunrise Gold Corp

* Nevada sunrise signs definitive agreement with resolve ventures for neptune lithium property

* Under agreement, resolve ventures can earn initial 25% interest in neptune by making cash & share payments to co, & funding exploration expenses

* Definitive agreement supersedes interim agreement between parties

* Nevada sunrise gold says 200,000 shares of resolve to be issued to nevada sunrise on execution of definitive agreement

* Resolve ventures to make $300,000 cash in advance in respect of exploration expenditures to be incurred by nevada sunrise Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)