Sunrise Resources names new non-executive director

Published 10/03/2025, 13:04
Sunrise Resources names new non-executive director

LONDON - Sunrise Resources Plc has announced the appointment of Mr. Adam Hainsworth as a non-executive director, effective the day after the company’s Annual General Meeting on March 14, 2025. Hainsworth, a chartered accountant with extensive commercial and transactional experience, joins the board as a significant shareholder, having previously held various roles, including commercial director, at his family’s textile business, AW Hainsworth & Sons Limited.

Executive Chairman Patrick Cheetham expressed confidence in Hainsworth’s ability to contribute to the company’s growth, citing his results-driven approach and commercial experience as assets that will bring new perspective and impetus to the board. Hainsworth, who has been a long-term investor and financial backer of Sunrise Resources, shared his ambition for the company and his eagerness to work towards commercializing the company’s assets to create lasting shareholder wealth.

Hainsworth holds an interest in 149,267,784 ordinary shares of Sunrise Resources, representing 2.74% of the company’s issued Ordinary Share Capital, and has 20,000,000 warrants to subscribe for Ordinary Shares. He will receive an annual fee of £24,000, with the option for the company to issue new ordinary shares in lieu of cash payment.

This announcement, containing inside information as defined under the Market Abuse Regulations, is now in the public domain following its release. Sunrise Resources, traded under the ticker EPIC: "SRES" on AIM, is advised by Beaumont Cornish Limited as its Nominated Adviser.

The information in this article is based on a press release statement from Sunrise Resources Plc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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