Sarama Resources Ltd.

Binding Agreement Executed for the Large, Effectively Unexplored Cosmo Newbery Gold Project Sarama Resources Ltd. is pleased to announce that it has entered into a binding agreement to acquire a majority interest in the Cosmo Newbery Gold Project in Western Australia . The 580km² project covers the entirety of the Cosmo-Newbery Greenstone Belt and is located approximately 85km north-east of Laverton in a region known for [...]

The Board of Directors of Sarama Resources Ltd. has granted 9,900,000 options to directors, officers, employees and consultants of the Company as a 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 December 21, 2022, and allows for the issuance of a number of options up to 10% of its rolling issued [...]

VANCOUVER, BC / PERTH. AUSTRALIA / ACCESSWIRE / July 22, 2024 / Sarama Resources Ltd. refers to its capital raising announced on 19 June 2024, which comprises the issue of up to 50,000,000 CHESS Depository Interests at an issue price of A$0.02 per CDI to raise gross proceeds of up to A$1 million . The Placement is comprised of the following two tranches: Tranche 1: 45,000,000 CDIs at A$0.02 per CDI raising gross proceeds [...]

Sarama Resources Ltd. advises that the Company's Executives and Non-Executive Directors have agreed to receive a portion of their deferred salaries and director fees in common shares of the Company. In September 2023, the Company's Executives and Non-Executive Directors agreed to suspend the payment of salaries and fees to ensure the Company had sufficient financial resources to work through the period of uncertainty [...]

Sarama Resources is pleased to report that on 25 June 2024, it closed tranche 1 of its previously announced A$1m equity placement. Tranche 1 of the Placement raised aggregate gross proceeds of A$900,000 with the Company issuing 45,000,000 Chess Depository Instruments at an issue price of A$0.02 per CDI. Each new CDI issued under the Placement will rank equally with existing CDIs on issue and each CDI will represent a [...]

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 [...]

Sarama Resources is pleased to report that on 22 Dec 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 issued under the Placement will rank equally with existing CDIs on [...]