Aankondiging • Apr 22
Riedel Resources Limited (ASX:RIE) entered into a binding share sale agreement to acquire Yikarri Resources Pty Ltd from Sarama Resources Ltd (TSXV:SWA) for AUD 4.4 million. Riedel Resources Limited (ASX:RIE) entered into a binding share sale agreement to acquire Yikarri Resources Pty Ltd from Sarama Resources Ltd (TSXV:SWA) for AUD 4.4 million on April 21, 2026. As part of consideration, Riedel Resources Limited will issue 150 million ordinary shares. The transaction will also include the 100 million performance rights in the 4 tranches and each expiring 5 years from the date of issue. Upon completion, Andrew Dinning appointed as Non-Executive Director. Paul Schmiede to be appointed as Chief Executive Officer following completion of the Acquisition.
The transaction is subject to consummation of private placement, approval by regulatory board / committee and subject to approval by the shareholders of Riedel Resources Limited, which is expected to take place during June 2026. The expected completion of the transaction is June 1, 2026 to June 30, 2026. Aankondiging • Oct 21
Sarama Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 2.7 million. Sarama Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 2.7 million.
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 86,666,667
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Security Features: Attached Options
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 3,333,333
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Security Features: Attached Options
Transaction Features: Subsequent Direct Listing Aankondiging • Jul 23
Sarama Resources Ltd (TSXV:SWA) completed the acquisition of 80% stake in Mt Venn Project from Yamarna West Pty. Ltd. Sarama Resources Ltd (TSXV:SWA) executed a non-binding heads of agreement to acquire 80% stake in Mt Venn Project from Yamarna West Pty. Ltd. for AUD 0.33 million on January 13, 2025. The consideration consists of 12 million common equity of Sarama Resources Ltd to be issued for assets of Mt Venn Project. Pursuant to the precursor non-binding head of agreement, Orbminco Limited (ASX:OB1) granted Sarama Resources Ltd (TSXV:SWA) a right of exclusivity in return for a cash payment of AUD 0.06 million. Sarama Resources Ltd (TSXV:SWA) signed a binding sale agreement to acquire 80% stake in Mt Venn Project from Yamarna West Pty. Ltd. on February 27, 2025.
The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by acquirer shareholders, approval of offer by acquirer board, approval of offer by target shareholders and definitive agreement.
Sarama Resources Ltd (TSXV:SWA) completed the acquisition of 80% stake in Mt Venn Project from Yamarna West Pty. Ltd. on July 23, 2025. Aankondiging • Apr 01
Sarama Resources Ltd, Annual General Meeting, Jun 10, 2025 Sarama Resources Ltd, Annual General Meeting, Jun 10, 2025. Aankondiging • Jan 13
Sarama Resources Ltd (TSXV:SWA) executed a non-binding heads of agreement to acquire 80% stake in Mt Venn Project from Yamarna West Pty. Ltd. for AUD 0.2 million. Sarama Resources Ltd (TSXV:SWA) executed a non-binding heads of agreement to acquire 80% stake in Mt Venn Project from Yamarna West Pty. Ltd. for AUD 0.2 million on January 13, 2025. The consideration consists of 12 million common equity of Sarama Resources Ltd to be issued for assets of Mt Venn Project.
The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by acquirer shareholders, approval of offer by acquirer board, approval of offer by target shareholders and definitive agreement. Aankondiging • Jan 02
Sarama Resources Ltd. Announces Board Changes Sarama Resources Ltd. appointed Michael Bohm as Non-Executive Director, effective 1 January 2025. Mr. Bohm is a seasoned Director and Mining Engineer in the resources industry. His career spans roles as a mining engineer, mine manager, study manager, project manager, project director, and managing director. He has played a direct role in numerous mine developments across the gold, nickel, and diamond sectors. He is a current director of ASX listed Riedel Resources and has previously been a Director of ASX listed Perseus Mining Limited, Ramelius Resources Limited, Mincor Resources NL and Cygnus Metals Limited. Sarama also wishes to advise that Steven Zaninovich has resigned as a director of the company due to changing work commitments, effective 31 December 2024. The Board thanks Mr. Zaninovich for his dedication and commitment for the last 4 and a half years and wishes him well in his future endeavours. Aankondiging • Dec 07
Sarama Resources Ltd (TSXV:SWA) completed the acquisition of 80% stake in the Cosmo Newbery Project in Eastern Goldfields of Western Australia from Cosmo Gold Limited Sarama Resources Ltd (TSXV:SWA) signed a non-binding memorandum of understanding to acquire 80% stake in the Cosmo Newbery Project in Eastern Goldfields of Western Australia from Cosmo Gold Limited for AUD 0.65 million on June 17, 2024. Sarama Resources Ltd (TSXV:SWA) entered into a binding agreement to acquire 80% stake in the Cosmo Newbery Project in Eastern Goldfields of Western Australia from Cosmo Gold Limited on August 12, 2024. A cash consideration of AUD 0.1 million will be paid by Sarama Resources Ltd. in two tranches. The consideration consists of 25 million common equity of Sarama Resources Ltd to be issued for assets of the Cosmo Newbery Project in Eastern Goldfields of Western Australia. As part of consideration, AUD 0.1 million is paid towards assets of the Cosmo Newbery Project in Eastern Goldfields of Western Australia. The transaction between Adelong Gold, Cosmo, and Sarama entails Sarama’s acquisition of an 80% interest in the Cosmo project, with an option to acquire the remaining 20% for AUD 1.25 million in cash or shares within two years. The agreement provides for settlement of the loan owed by Cosmo to Adelong which had accrued in consequence of Adelong advancing funds totaling AUD 1.5 million to Cosmo.
The transaction is subject to approval by regulatory board / committee, approval of merger agreement by target board, approval of offer by target shareholders and consummation of due diligence investigation and approval of offer by acquirer shareholders.
As of September 11, 2024 the transaction has gained regulatory approval from Australian Securities Exchange and conditional approval from the TSX Venture Exchange. Final TSX-V approval for completion of the transaction is anticipated once various compliance items are filed. As of November 5, 2024, the transaction was approved by the shareholders of Cosmo Gold Ltd. The transaction is expected to complete by late October 2024. It is anticipated the transaction will be completed in mid-November 2024.
Sarama Resources Ltd (TSXV:SWA) completed the acquisition of 80% stake in the Cosmo Newbery Project in Eastern Goldfields of Western Australia from Cosmo Gold Limited on December 5, 2024. Aankondiging • Nov 30
Sarama Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 2 million. Sarama Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Chess Depositary Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 66,666,666
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Transaction Features: Subsequent Direct Listing Aankondiging • Nov 21
Sarama Resources Ltd has filed a Follow-on Equity Offering in the amount of AUD 2 million. Sarama Resources Ltd has filed a Follow-on Equity Offering in the amount of AUD 2 million.
Security Name: Chess Depositary Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 66,666,666
Price\Range: AUD 0.03
Discount Per Security: AUD 0.0018
Transaction Features: Subsequent Direct Listing Aankondiging • Sep 16
Sarama Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 1 million. Sarama Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 45,000,000
Price\Range: AUD 0.02
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 5,000,000
Price\Range: AUD 0.02
Transaction Features: Subsequent Direct Listing Aankondiging • Jun 21
Sarama Resources Ltd has filed a Follow-on Equity Offering in the amount of AUD 1 million. Sarama Resources Ltd has filed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 45,000,000
Price\Range: AUD 0.02
Security Name: Chess Depository Interests
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 5,000,000
Price\Range: AUD 0.02
Transaction Features: Subsequent Direct Listing Aankondiging • Jun 19
Sarama Resources Ltd announced that it expects to receive AUD 1 million in funding Sarama Resources Ltd. announced a private placement of 50,000,000 Chess Depository Instruments at a price of AUD 0.02 per CDI for gross proceeds of AUD 1,000,000 on June 18, 2024. The transaction included participation from existing shareholders and professional and sophisticated investors. The placement is comprised of two tranches - Tranche 1 consists of 45,000,000 CDIs. The company expects to complete allotment of the CDIs under Tranche 1 by June 21, 2024. Tranche 2 consists of a further 5,000,000 CDIs which will be subject to shareholder approval at the Annual General Meeting on or around September 5, 2024. The placement remains subject to the approval of the TSX Venture Exchange. Aankondiging • Apr 17
Sarama Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.52 million. Sarama Resources Ltd has completed a Follow-on Equity Offering in the amount of AUD 0.52 million.
Security Name: Chess Depository Instruments
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 2,500,000
Price\Range: AUD 0.02
Security Name: Chess Depository Instruments
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 17,500,000
Price\Range: AUD 0.02
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 6,000,000
Price\Range: AUD 0.02
Transaction Features: Subsequent Direct Listing Aankondiging • Dec 18
Sarama Resources Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.52 million. Sarama Resources Ltd has filed a Follow-on Equity Offering in the amount of AUD 0.52 million.
Security Name: Chess Depository Instruments
Security Type: Depositary Receipt (Common Stock)
Securities Offered: 26,000,000
Price\Range: AUD 0.02
Transaction Features: Subsequent Direct Listing Aankondiging • Jan 17
Sarama Resources Ltd Discovers New Mineralised Trend At Sanutura Project Sarama Resources Ltd. announced that exploration drilling at its 100% owned, multimillion ounce Sanutura Project has discovered a new mineralised trend extending for 700m in the north of the Tankoro Mineralised Corridor. The reported drilling totals approximately 2,000m and was primarily focussed on testing for new mineralisation within the Phantom, Phantom East and Phantom West Prospects, which are located in the north of the Tankoro Deposit. The results represent the seventh discovery of additional and extensional mineralisation since the commencement of the Company's ongoing +50,000m drill program and continue to demonstrate the strong potential to grow the oxide component of the Project's 0.6Moz Au (Indicated) plus 2.3Moz Au (Inferred)(1) mining shape constrained Mineral Resource. Drilling Identifies New Oblique Mineralised Trend over 700m Strike Length and Remains Open Results are being reported (refer Appendix A) for approximately 2,000m (43 holes) of aircore ("AC") drilling undertaken in Q2/Q3 2022 at the Phantom, Phantom West and Phantom East Prospects in the northern extent of the Tankoro Mineralised Corridor. The drilling targeted the nearsurface oxide horizon to a vertical depth of approximately 50m and highlighted downhole intersections from these holes include: 20m @ 1.68g/t Au from 16m in TAA405 (ended in mineralisation); 13m @ 1.79g/t Au from 7m in TAA403 (incl. 2m @ 8.88g/t Au); 9m @ 2.14g/t Au from 7m in TAA404; 6m @ 2.91g/t Au from 31m in TAA422 (incl. 1m @ 12.10g/t Au); 7m @ 2.18g/t Au from 22m in TAA389; 5m @ 3.01g/t Au from 43m in TAA429 (incl. 2m @ 6.70g/t Au); and 10m @ 1.13g/t Au from 7m in TAA420. Phantom and Phantom West Prospects The new drilling in the Phantom and Phantom West Prospects primarily targeted areas with potential for discovery of additional mineralisation and/or extensions to existing mineralised lodes. These prospects are located to the north of the Tankoro Deposit and historical drilling has been relatively constrained, focussing on the delineation and extension of the dominant northnortheast ("NNE") oriented trends of steeply dipping lode packages which extend over a strike length up to 2.5km. A lateral distance of approximately 360m separates the two trends and historical soil geochemical surveys have returned elevated goldinsoil values in between, suggesting potential for obliquely oriented mineralisation to link the two main mineralised trends. This crosslinking type of mineralisation has been delineated extensively in the better drilled parts of the Tankoro Deposit and adds significantly to the economic potential for the Project. Previous reconnaissance drilling along the targeted trend in the Phantom Prospect returned encouraging results and included downhole intersections of 6m @ 3.33g/t Au, 6m @ 3.85g/t Au and 6m @ 1.40g/t Au. The recent drilling reported in this news release followed up on these isolated intersections and stepped out along the projected trend of the elevated goldinsoil values and returned results including 6m @ 2.91g/t Au (incl. 1m @ 12.10g/t Au), 6m @ 1.40g/t Au and 2m @ 6.70g/t Au (incl. 1m @ 11.75g/t Au) which support the interpretation of a new mineralised trend extending for approximately 700m along strike. The mineralisation remains open in all directions and importantly, potential exists for it to be extended further to the southwest where it may intersect the main mineralised trend in the Phantom West Prospect. This hypothesis is supported by the elevated goldinsoil values and would bring the total length of this oblique mineralisation to approximately 1.2km. The intersection areas of lodes of different orientations within the Tankoro Deposit is known to produce enrichment of mineralisation, in terms of volume and grade. In this respect, recent drilling in the projected intersection zone in the Phantom West Prospect has confirmed the presence of higher grades and localised thickening of the mineralisation with downhole intersections of 10m @ 5.25g/t Au (previously reported), 9m @ 2.14g/t Au and 13m @ 1.79g/t Au (incl. 2m @ 8.88g/t Au) being returned. Further highergrade zones are present along strike in the current Mineral Resource of the Phantom West Prospect which may be associated with additional instances of crosslinking mineralisation. A recently returned downhole intersection of 20m @ 1.68g/t Au (ending in mineralisation) returned thicker than expected mineralisation and also ended in mineralisation. This enhances the current interpretation but also offers a nearfield target for followup in the zone, which also contains historical intersections of 10m @ 3.39g/t Au, 12m @ 2.25g/t Au and 6m @ 2.75g/t Au.