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SARAMA RES LTD - $SRMMF STOCK NEWS

Welcome to our dedicated page for SARAMA RES news (Ticker: $SRMMF), a resource for investors and traders seeking the latest updates and insights on SARAMA RES stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SARAMA RES's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SARAMA RES's position in the market.

Rhea-AI Summary
Sarama Resources Ltd. (Sarama) closed tranche 1 of its A$520,000 equity placement, raising A$470,000 through issuing 6,000,000 common shares and 17,500,000 CDIs at A$0.02 per Security. Tranche 2 consists of 2,500,000 CDIs, subscribed for by a director, Mr. Andrew Dinning, subject to shareholder approval. The placement was issued to institutional and professional investors. Funds will be used for existing assets, potential opportunities, administration, and working capital costs.
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Sarama Resources Ltd. (SRAT) announces a proposed non-brokered equity placement to raise up to A$520,000 through the issuance of up to 26,000,000 Chess Depository Instruments (CDIs) and common shares at an issue price of A$0.02 per Security. The funds will be used to sustain Sarama's existing asset base in Burkina Faso, advance potential opportunities outside Burkina Faso, and fund general working capital costs.
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SARAMA RES LTD

OTC:SRMMF

SRMMF Rankings

SRMMF Stock Data

2.65M
122.69M
2.87%
10.1%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Subiaco