VANCOUVER, British Columbia, Feb. 12, 2015 (GLOBE NEWSWIRE) -- Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSX-V: NEV ) is pleased to announce that the TSX Venture Exchange ("TSXV") has named the Company to the 2015 TSX Venture 50, a ranking of strong performing companies spanning Clean Technology, Diversified Industries, Mining, Oil & Gas and Technology & Life Sciences.
The TSXV states that the companies chosen for the award have shown impressive results in key measures of market performance. The ranking is comprised of the top 10 companies from each of the five industry sectors, and they were selected based on four equally weighted criteria: market capitalization growth, share price appreciation, trading volume and analyst coverage.
According to the TSXV, on average, the TSX Venture 50 companies have delivered a return of 103% in 2014. The shares of these companies also enjoy a liquid market, with a total of 3.3 billion shares trading over the course of 2014. The TSXV considers the TSX Venture 50 companies as important contributors to Canada's economy and entrepreneurial success.
"We are honoured to be recognized in this manner by the TSXV," said Warren Stanyer, President and CEO of Nevada Sunrise. "Receiving the TSX Venture 50 award is a credit to the effectiveness of our people, the loyalty of our shareholders, and the quality of our exploration projects."
About Nevada Sunrise
Nevada Sunrise is a junior exploration company with a strong technical team based in Vancouver, BC, Canada, that holds interests in three gold exploration projects in Nevada, USA. Our three key assets include a 21% interest in the Kinsley Mountain Gold Project operated by Pilot Gold Inc. (TSX: PLG ) near Wendover, a 100% interest in the Golden Arrow Project, subject to various royalties, near Tonopah, and the recently-acquired Roulette Project (formerly known as the Grulla property) near Ely, Nevada.
FORWARD LOOKING STATEMENTS
This release may contain forward ‐ looking statements, which are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Nevada Sunrise believes the expectations expressed in such forward ‐ looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward ‐ looking statements are based on the beliefs, estimates and opinions of the Company's management on the date such statements were made. Nevada Sunrise expressly disclaims any intention or obligation to update or revise any forward ‐ looking statements whether as a result of new information, future events or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release. The Securities of Nevada Sunrise Gold Corporation have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to the account or benefit of any U.S. person.
FOR FURTHER INFORMATION CONTACT: Warren Stanyer, President and Chief Executive Officer email: Website: www.nevadasunrise.ca Telephone: (604) 428-8028 Facsimile: (604) 484-7143
