Sarama Resources Ltd. is pleased to announce it has received binding commitments to undertake a A$1 million equity placement . Funds raised will be used to assess and pursue a potential acquisition, undertake exploration on the Company's properties and for general working capital purposes. The Placement was well supported by existing shareholders and professional and sophisticated investors. The Placement will comprise [...]
VANCOUVER, BC, June 17, 2024 /CNW/ - The following issues have been halted by CIRO Company: Sarama Resources Ltd. TSX-Venture Symbol: SWA All Issues: Yes Reason: Pending News Halt Time : 7:37 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization [...]
Sarama Resources Ltd. is pleased to announce that it has signed a non-binding Memorandum of Understanding with Cosmo Gold Limited and Adelong Gold Limited on 21 May 2024, to acquire rights to the Cosmo Newbery Project , located in Eastern Goldfields of Western Australia, which have historically been highly prospective. The acquisition will be subject to completion of due diligence, execution of a definitive agreement and [...]
Funds raised will be used to sustain Sarama while it focuses on maximising value from its existing asset base in Burkina Faso, advancing potential opportunities outside Burkina Faso and to fund administration and general working capital costs. Sarama issues ASX Cleansing Notice / VANCOUVER, BC / ACCESSWIRE / April 17, 2024 / Sarama Resources Ltd. is pleased to report that on 17 April 2024, it completed the previously [...]
/ PERTH, AUSTRALIA / ACCESSWIRE / December 22, 2023 / Sarama Resources Ltd. is pleased to report that on 22 December 2023, it closed tranche 1 of its previously announced A$520,000 equity placement . . Tranche 1 of the Placement raised aggregate gross proceeds of A$470,000 with the Company issuing 6,000,000 common shares and 17,500,000 Chess Depository Instruments at an issue price of A$0.02 per Security. Each new CDI [...]
VANCOUVER, BC, Dec. 18, 2023 /CNW/ - Trading resumes in: Company: Sarama Resources Ltd. TSX-Venture Symbol: SWA All Issues: Yes Resumption : 9:30 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and [...]
VANCOUVER, BC / PERTH, AUSTRALIA / ACCESSWIRE / December 18, 2023 / Sarama Resources Ltd. is pleased to announce a proposed non-brokered equity placement to raise gross proceeds of up to A$520,000. The Private Placement will be comprised of the issuance of up to an aggregate of 26,000,000 Chess Depository Instruments and common shares in the capital of the Company , each at an issue price of A$0.02 per Security, as [...]
VANCOUVER, BC, Dec. 14, 2023 /CNW/ - The following issues have been halted by CIRO Company: Sarama Resources Ltd. TSX-Venture Symbol: SWA All Issues: Yes Reason: Pending News Halt Time : 7:42 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization [...]
Sarama Resources Ltd. advises that its CHESS Depositary Interests on the Australian Securities Exchange and its Common Shares on the TSX Venture Exchange have been halted at the request of the Company pending the release of an announcement in relation to a potential equity raising. The trading halt will continue on the ASX until the earlier of the Company releasing an announcement in relation to the potential equity [...]
VANCOUVER, BC / PERTH, AUSTRALIA / ACCESSWIRE / November 30, 2023 / Sarama Resources Ltd. advises that it has formally notified the Government of Burkina Faso of the existence of an investment dispute between the Company and Burkina Faso in relation to the Government's withdrawal of the Company's rights to the Tankoro 2 Exploration Permit . Notice of Intent to Submit Claims On 29 November 2023 the Company delivered to the [...]
Sarama Resources Ltd. advises that it has engaged Boies Schiller Flexner LLP , a leading international law firm, to assist with legal matters following the illegal withdrawal of the Company's rights to the Tankoro 2 Exploration Permit by the Ministry of Energy, Mines and Quarries of Burkina Faso. The Tankoro 2 Exploration Permit hosts the multi-million ounce Tankoro Deposit; the central component of the Sanutura Project [...]
Sarama Resources Ltd. advises that it has engaged Boies Schiller Flexner LLP , a leading international law firm, to assist with legal matters following the illegal withdrawal of the Company's rights to the Tankoro 2 Exploration Permit by the Ministry of Energy, Mines and Quarries of Burkina Faso. The Tankoro 2 Exploration Permit hosts the multi-million ounce Tankoro Deposit; the central component of the Sanutura Project [...]
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