Sarama Resources is pleased to announce that it has established a new and significant exploration position at its 100% owned Koumandara Project in south-west Burkina Faso . The new 602km? land positon, located in the Banfora Greenstone Belt, was assembled by Sarama entering into agreements to acquire 4 mineral properties which complement Sarama's recently granted Nya-Nou exploration permit. Sarama considers the Banfora [...]
The Board of Directors of Sarama Resources has granted 7,390,000 options to directors, officers, employees and consultants of the Company. The option grant is the result of the Company's annual compensation review. This granting of options is made in accordance with the Company's stock option plan which was approved by shareholders on September 28, 2017 and allows for the issuance of a number of options up to 10% of its [...]
Sarama Resources announces the voting results for the election of its Board of Directors, which took place at the Company's Annual and Special General Meeting held on September 28. Voting Results A total of 72,314,817 common shares were represented at the Meeting, representing 51.70% of the Company's issued and outstanding shares. Shareholders voted in favour of all matters brought before the Meeting including: the [...]
VANCOUVER, British Columbia, Sept. 12, 2017 (GLOBE NEWSWIRE) -- Sarama Resources Ltd. (“Sarama” or the “Company”) (TSX-V:SWA) announces that reconnaissance aircore drilling has intersected shallow, oxide gold mineralisation over broad intervals approximately 4km north-east of its 100%-owned Bondi Deposit in south-western Burkina Faso. The Bondi Deposit is of high strategic value, making it the key [...]
VANCOUVER, BC--(Marketwired - August 22, 2017) - Sarama Resources Ltd. ("Sarama" or the "Company") (TSX VENTURE: SWA) announces that it has received advice from the Government of Burkina Faso confirming the transfer of the Djarkadougou Exploration Permit (the "Permit") into a 100%-owned subsidiary of Sarama. The Djarkadougou Exploration Property ("Djarkadougou" or the "Property") hosts the Bondi Deposit and was the [...]
VANCOUVER, BC--(Marketwired - August 21, 2017) - Sarama Resources Ltd. (the "Company" or "Sarama") (TSX VENTURE: SWA) advises that Savary Gold Corp. ("Savary"), the operator of the Karankasso Project Joint Venture4 between Sarama and Savary, released exploration results from a drill program conducted during Q2 2017. The drilling was undertaken across multiple target zones within the Karankasso Project area and further [...]
Sarama Resources announces that it has completed its previously announced private placement. As part of the Private Placement, originally announced on July 20, 2017, 10,277,777 common shares of Sarama have been issued for gross proceeds of C$1,850,000. The proceeds of the Private Placement will be used principally to advance the exploration of the Company's resource properties in Burkina Faso and for general working [...]
Sarama Resources announces that it is conducting a private placement to raise gross proceeds of up to C$2,500,000. The Private Placement will involve the issuance of up to 13,888,889 common shares of Sarama at a price of C$0.18 per Share. The Private Placement will be conducted on a non-brokered basis to institutional and accredited investors pursuant to prospectus exemptions available under applicable securities laws and [...]
VANCOUVER, BC--(Marketwired - July 19, 2017) - Sarama Resources Ltd. ("Sarama" or the "Company") (TSX VENTURE: SWA) is pleased to advise that the Ministry of Mines and Quarries in Burkina Faso has issued, and Sarama has paid, the invoice for the transfer of the Djarkadougou Exploration Permit ("Djarkadougou"), which hosts the Bondi Gold Deposit ("Bondi Deposit"). This was acquired from [...]
VANCOUVER, BC--(Marketwired - July 05, 2017) - Sarama Resources Ltd. ("Sarama" or the "Company") (TSX VENTURE: SWA) is pleased to report that the first phase of exploration on the Company's recently-acquired1 Botoro Property ("Botoro" or the "Property") in south-west Burkina Faso has identified several gold-bearing quartz vein systems associated with regional shear zones and a preliminary soil geochemistry survey has [...]
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