Sun Metals Corp.

10:54 AM EST - Sun Metals Corp. : Has entered into an agreement with PearTree Securities Inc., whereby PearTree, as agent for the purchasers, will subscribe for up to 12,500,000 flow-through common shares in the capital of Sun Metals at a price of $0.413 per Flow-Through Share for targeted gross proceeds of up to $5,162,500. Sun Metals Corp. shares V.SUNM are trading up $0.01 at $0.25.