Sama Resources Inc.

Sama Resources is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to handle its investor relations activities. "We are pleased to announce that we have selected Renmark to reinforce Sama Resources Inc.'s profile in the financial community and enhance the visibility of our company. We choose Renmark because its standards and methodologies fit best with the message we wish to [...]

Sama Resources is pleased to announce an ongoing 3,800 metre drilling program at the Yepleu prospect. The current drilling program is following-up on near surface nickel, copper and platinum group of elements mineralisation previously discovered by Sama. The investigated area represents a corridor of approximately three kilometres oriented north-west to south-east by 500 m to 700 m wide and overlays strong conductivity [...]

Sama Resources is pleased to announce that in collaboration with our partner Ivanhoe Electric, the Company has mandated BBA International Inc to upgrade the 2020 Preliminary Economic Assessment aimed at producing a nickel concentrate and a copper will provide detailed information on the project, including site layouts, road access, permits, claims, water bodies, and historical infrastructure. It will also cover other [...]

Sama Resources announced that the Company has filed on SEDAR+ an independent technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects supporting the results of a Mineral Resource Estimate of its Samapleu Nickel-Copper project, previously reported in the Company's news release dated June 27, 2023. There are no material differences in the Report from those [...]

Sama Resources and SRQ Resources are pleased to announce the closing of the previously announced spin-out transaction, which shall become effective today, August 10, 2023 at 6:00 p.m. Pursuant to the terms of the plan of arrangement, each of the common shares of the Company issued and outstanding at the Effective Date and Time will be exchanged for: 1 new common share of the Company; and 0.1 common share of SRQ. From [...]

Sama Resources is pleased to announce that the Québec Superior Court of Justice has issued a final order approving the previously announced arrangement , pursuant to which the common shares of its wholly-owned subsidiary SRQ Resources Inc. will be spun-out. The Arrangement remains subject to certain closing conditions, including its approval by the TSX-V. If the conditions to closing are satisfied or waived, it is [...]

Sama Resources is pleased to announce that, at today's annual and special meeting of shareholders, its shareholders voted in favor of a special resolution to approve the previously- announced plan of arrangement pursuant to which, among other things, the common shares of its subsidiary SRQ Resources Inc. will be spun-out and distributed to the Shareholders, subject to the terms and conditions of an arrangement agreement [...]

Sama Resources is pleased to provide an update on its previously-announced spin-out transaction of SRQ Resources Inc. Valuation Report The Company announces today the dissemination of a valuation report prepared by SLR Consulting Ltd. in support of the proposed listing by SRQ on the TSXV. The Valuation Report follows the guidelines of TSX-V Appendix 3G, which incorporates most aspects of CIMVAL Standards and Guidelines [...]

Sama Resources is pleased to announce an increase in Indicated and Inferred mineral resources at its Samapleu and Grata nickel, copper, Cobalt and platinum group elements project. The latest mineral resource estimate reflects the outstanding progress made by the Company's dedicated exploration team. The updated Mineral Resource Estimate has an effective date of June 16, and incorporates drilling carried out at the [...]

Sama Resources is pleased to announce that it has entered into an arrangement agreement with SRQ Resources Inc. pursuant to which the parties intend to complete a spin-out transaction of the SRQ common shares. The Spin-Out will be completed by way of a court approved plan of arrangement under the Canada Business Corporations Act. Upon completion of the PoA, holders of common shares of Sama are to receive: one new share in [...]