VANCOUVER, BC--(Marketwired - May 05, 2017) - Sarama Resources Ltd. (the "Company" or "Sarama") advises that Savary Gold Corp. ("Savary"), the operator of the Karankasso Project Joint Venture4 between Sarama and Savary, provided an update on May 4, 2017 of the balance of drill results from the Q1, 2017 drill programs. The drilling was undertaken across multiple target zones within the Karankasso Project area. Highlights [...]
VANCOUVER, BC--(Marketwired - April 10, 2017) - Sarama Resources Ltd. (the "Company" or "Sarama") advises that Savary Gold Corp. ("Savary"), the operator of the Karankasso Project Joint Venture5 between Sarama and Savary, provided an update on April 10, 2017 of ongoing drilling campaigns. The drilling was undertaken across multiple target zones within the Karankasso Project area. Highlights 41 holes totalling [...]
Sarama Resources announced today that it has completed its previously announced warrant exercise incentive program. The Incentive Program was implemented to encourage the early exercise of warrants originally issued between May 30 and July 4, 2014, each exercisable at C$0.20. Since the announcement of the Incentive Program on February 16, 2017, an aggregate of 7,263,333 Original Warrants have been exercised, resulting in [...]
Sarama Resources announces that it will extend the deadline for participating in the Company's previously announced warrant exercise incentive program from March 10, 2017 until March 17, 2017. The Incentive Program is intended to encourage the early exercise of up to 10,361,183 warrants originally issued between May 30 and July 4, 2014. As of March 8, the Company has received exercise documents or indications of an [...]
VANCOUVER, BC --(Marketwired - March 03, 2017) - Sarama Resources Ltd. (the "Company" or "Sarama") advises that Savary Gold Corp. ("Savary"), the operator of the Karankasso Project Joint Venture7 between Sarama and Savary, provided an update on March 3, 2017 of ongoing drilling campaigns. The drilling was undertaken across multiple target zones in the Serakoro 1 property within the Karankasso Project area. Highlights 24 [...]
Sarama Resources announces that it will immediately implement an incentive program to encourage the early exercise of up to 10,361,183 warrants originally issued between May 30 and July 4, 2014. Each Original Warrant is exercisable to purchase one common share of the Company at $0.20 per Share until a date three years from the issuance of the Original Warrant. The Company will, from the date of this announcement, issue to [...]
Sarama Resources advises that pursuant to the Earn-In Agreement between Sarama and Acacia Mining in respect of the South Houndé Project in Burkina Faso, Acacia has achieved the minimum required expenditure of USD 7 million and met all conditions required to attain a 50% equity interest in the Project. Under the terms of the Agreement, Acacia was required to sole-fund Project exploration and related expenditures of USD 7 [...]
VANCOUVER, BC--(Marketwired - January 17, 2017) - Sarama Resources Ltd. (the "Company" or "Sarama") is pleased to advise that Savary Gold Corp. ("Savary"), the operator of the Karankasso Project Joint Venture7 between Sarama and Savary, provided an update on January 17, 2017 of initial drill results from the Q4, 2016 drilling campaign. The drilling was undertaken across multiple target zones within the Karankasso Project [...]
The Board of Directors of Sarama Resource has granted 4,995,000 options to directors, officers and employees of the Company. The option grant is the result of the Company's annual compensation review and the issuance of options to incoming CFO, Mr Lui Evangelista (see news release dated 7 December, 2016). This granting of options is made in accordance with the Company's stock option plan which was approved by shareholders [...]
VANCOUVER, BC--(Marketwired - December 13, 2016) - Sarama Resources Ltd. ("Sarama" or the "Company") (TSX VENTURE: SWA) is issuing this news release to replace the release issued earlier today. Sarama is pleased to announce an update with respect to its transaction to acquire a 100% interest in the Bondi gold deposit ("Bondi") in Burkina Faso, West Africa from Orezone Gold Corp. (TSX VENTURE: ORE). For details of [...]