Successful A$46m Placement for Syerston Project

• Sunrise has received commitments for a Placement to raise A$46 million (US$30 million) at $4.25 per share to fund pre-construction activities at the Syerston Scandium Project, the world’s largest and highest-grade primary scandium mine development • Participants in the Placement have also subscribed to unlisted options on a 1- for-1 basis, exercisable at $4.25 per share over a two-year term • Th