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 announced A$520,000 equity placement . The second and final Tranche of the Placement raised aggregate gross proceeds of A$50,000 with the Company issuing 2,500,000 Chess Depository Instruments at an issue price of A$0.02 per CDI to a director, Mr Andrew Dinning. The issuance of the CDIs to Mr Dinning was subject to shareholder approval, as required by the Austral...