Sarama Resources Ltd. is pleased to announce that assays returned from an initial 1,700m drilling of the ongoing +50,000m program at its 100%-owned, multi-million ounce Sanutura Project have extended gold mineralisation in several directions at the Obi Prospect and discovered a new trend for exploration. The drilling has delineated an extensive zone of flat-lying mineralisation in shallow, oxide material which extends [...]
Sarama Resources Ltd. is pleased to announce that assays returned from an initial 1,700m drilling of the ongoing +50,000m program at its 100%-owned, multi-million ounce Sanutura Project have extended gold mineralisation in several directions at the Obi Prospect and discovered a new trend for exploration. The drilling has delineated an extensive zone of flat-lying mineralisation in shallow, oxide material which extends [...]
Sarama Resources Ltd. is pleased to provide an update on the planned +50,000m drilling program at its 100%-owned , multi-million ounce Sanutura Project . The drilling program was designed to materially grow the oxide component of the 0.6Moz Au plus 2.3Moz Au Mineral Resource, to test a number of high priority regional targets and to define additional exploration targets for follow-up drilling. The Company has completed [...]
Sarama Resources Ltd. is pleased to announce that it has commenced a +50,000m drill program at its 100%-owned, multi-million ounce Sanutura Project . This follows a successful listing on the Australian Securities Exchange and a strongly supported A$8M public offering. The drill program will focus on near-surface, extensional targets designed to grow the oxide component of the already large Mineral Resource of 0.6Moz Au [...]
Sarama Resources Ltd. advises that a replay of the recent Investor Briefing, held on 4 May 2022, is available for viewing. To access the replay, follow this link: https://saramaresources.com/investors-centre/videos/ The Company would like to thank those who registered and participated in the briefing and looks forward to providing updates of exploration and other activities at its 100%-owned multi-million ounce Sanutura [...]
Sarama Resources Ltd. advises that an Investor Briefing will be held via webcast following the Company's commencement of trading on the Australian Securities Exchange on 2 May 2022. Sarama's President, CEO & MD, Andrew Dinning, will provide an overview of the Company and its plans for exploration at its exciting 100%-owned Sanutura Project. Sarama's Corporate Presentation will be used as the basis of the briefing and is [...]
Sarama Resources Ltd. is pleased to announce that the Company's securities have commenced trading on the Australian Securities Exchange under the ASX code SRR following a strongly supported public offering which saw A$8M raised predominantly from a broad base of domestic and international institutional and sophisticated investors. The funds will primarily be used to recommence exploration at the Company's Sanutura Project [...]
Sarama Resources Ltd. is pleased to advise that it has been formally admitted to the Australian Securities Exchange and its securities are scheduled to commence trading on the ASX on Monday May 2, 2022 at 10:30am AWST under the ticker code ASX:SRR. In connection with the Company's dual listing on the ASX, it completed a well over-subscribed equity raising of A$8,000,000, introducing a broad base of new shareholders [...]
Sarama Resources Ltd. is pleased to advise that it has completed its equity raising in relation to its dual listing on the Australian Securities Exchange . Following strong demand, the Company has raised gross proceeds of A$8,000,000 and issued 38,095,238 CHESS Depositary Interests over common shares in the capital of the Company at an issue price of A$0.21 per CDI. Underlying each CDI is a newly-issued common share of [...]
Not for release or distribution in the United States or through any U.S. newswire service Sarama Resources Ltd. wishes to provide an update on its proposed dual listing on the Australian Securities Exchange . Sarama is pleased to confirm that the Public Offer period has closed, with applications in excess of the upper $8m limit, and Sarama has submitted its application for admission to the ASX. The ASX IPO market remains [...]
Not for release or distribution in the United States or through any U.S. newswire service Sarama Resources Ltd. is pleased to advise that following the lodgement of a prospectus in relation to its proposed dual listing on the Australian Securities Exchange , it has received subscriptions in excess of A$10 million for its equity raising and anticipates closing on or before the planned closing date of March 30, 2022, with [...]
Not for release or distribution in the United States or through any U.S. newswire service Sarama Resources Ltd. is pleased to announce that it has lodged a prospectus with the Australian Securities and Investments Commission in relation to its proposed dual listing on the Australian Securities Exchange . A copy of the Prospectus will be available on SEDAR under the Company's profile. Under the Prospectus, the Company will [...]