Sama Resources Inc.

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 [...]

Sama Resources is pleased to announce completion of the latest metallurgical test program applying a modified process flowsheet to its Samapleu-Grata nickel, copper, cobalt and platinum group elements Project. The latest metallurgical testwork comprised enhanced Locked Cycle Tests on composites from the Samapleu Main and Grata deposits, and batch testing on a composite from the Samapleu Extension zone. This testwork was [...]

Sama Resources is pleased to announce assay results for seven additional drill holes from the 2021-22 drilling campaign at the Grata nickel-copper prospect. The assay results for holes GR-27, GR-30, GR-33-34 and GR-39 to 41 at Grata are summarized in this release. Assays results for one hole drilled at the Grata deposit are pending. Highlights: Hole GR-30 intersected a total of 224 metres of mineralisation including 30.5 [...]

Sama Resources Inc. is pleased to announce initial metallurgical testwork results from its Samapleu nickel, copper, cobalt and platinum group elements Project in Ivory Coast. The metallurgical testwork comprised Locked Cycle Tests on a composite from the Grata prospect, and batch flotation optimization on a composite from the Samapleu Main deposit. This testwork was completed by Blue Coast Research Ltd, a leading [...]