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.
Sarama Resources Ltd. reports company developments tied to gold exploration, project acquisitions, governance and dispute-related matters. The company’s recurring updates center on the Cosmo and Mt Venn Gold Projects in Western Australia’s Laverton Gold District, including exploration strategy, landholding changes and project-level agreements. News also covers Sarama’s arbitration proceedings connected to the Tankoro 2 Exploration Permit and Sanutura Project in Burkina Faso, along with auditor changes, shareholder voting matters, capital-structure disclosures and investor-engagement initiatives.
Sarama Resources (OTC:SRMMF) has completed the sale of its majority and controlling interest in the Laverton Gold Projects in Western Australia to Riedel Resources for total consideration of approximately A$3.2 million in cash and shares.
Under a Share Sale Agreement, Riedel acquired 100% of Sarama’s subsidiary Yikarri Resources, which holds joint-venture interests in the Cosmo and Mt Venn gold projects. Consideration includes 150 million Riedel shares at a deemed A$0.025 per share, 100 million performance rights across four milestone-based tranches, and payment of project-related costs up to A$300,000 (excluding GST). Sarama will initially hold about 32% of Riedel, potentially rising to about 44% if all performance rights vest and are exercised, with the shares escrowed for 12 months.
According to Sarama, the deal forms part of its capital management strategy to limit dilution while preserving upside to its Burkina Faso arbitration claim and exploration exposure, as Riedel becomes a well-funded, multi-project explorer in Western Australia and Arizona.
Sarama Resources (TSXV:SWA, ASX:SRR, OTC:SRMMF) has clarified the terms of 8,250,000 Employee Awards and 3,300,000 Director Awards originally announced in April–June 2025. A drafting error had described the vesting date of Employee Awards as the expiry date; all tranches actually share a common expiry of 31 December 2028 with distinct operational, safety, market price, drilling and service-based vesting conditions.
The Employee Awards remain unchanged and valid. Director Awards, granted on the same terms, now require refreshed shareholder approval at the annual general meeting expected in September 2026. No Director Awards have converted to shares, and Andrew Dinning has undertaken not to convert before re-approval; failure to obtain approval will result in cancellation of all Director Awards.
Sarama Resources (OTCQB:SRMMF), also listed on ASX (SRR) and TSXV (SWA), announced a change of registered office effective June 15, 2026.
The new registered address is Suite 3100, Park Place, 666 Burrard Street, Vancouver, BC, Canada V6C 2X8, authorized by the Board.
Sarama Resources (OTC:SRMMF) closed Tranche 1 of its previously announced A$1.5 million equity placement, raising A$1,418,250 via 40,521,427 CDIs at A$0.035 each.
Tranche 2, for 2,335,715 Director CDIs (A$81,750), remains subject to shareholder and TSXV approval. Proceeds will fund exploration, corporate costs and support a US$242 million damages claim against the Government of Burkina Faso.
Sarama Resources (OTC:SRMMF) received binding commitments for a private placement of up to A$1.5 million before costs via up to 42,857,142 CDIs at A$0.035 each.
Proceeds will fund NSW copper-gold exploration and working capital as Sarama advances its US$242 million ICSID arbitration claim, with a Merits Hearing scheduled for February 2027.
Summary not available.
Sarama Resources (OTC:SRMMF) appointed Davidson & Company LLP as its new auditor, effective 13 February 2026, following the resignation of HLB Mann Judd effective 10 February 2026. The Board, on the Audit Committee's recommendation, named Davidson & Co until the next Annual General Meeting.
Change of Auditor Package and letters from both firms were sent to securities commissions and are available on SEDAR+.
Sarama Resources (OTC:SRMMF) partnered with InvestorHub to launch an interactive Investor Hub direct-to-investor platform on December 2, 2025. The Hub provides ASX announcements, project updates, videos, presentations and an interactive Q&A for shareholders as Sarama advances gold exploration at the Cosmo and Mt Venn projects in Western Australia.
The company also notes it is progressing a fully funded US$242M arbitration claim against the Government of Burkina Faso and will publish content aimed at explaining its growth strategy and value-creation initiatives. Instructions to sign up and a company contact are provided, plus a forward-looking statements caution.
Sarama Resources (OTC:SRMMF) filed a written Memorial with ICSID on 31 October 2025 seeking US$242 million plus interest for the alleged expropriation of its 100%‑owned Tankoro 2 Exploration Permit in Burkina Faso. The Memorial includes Sarama's statement of case, witness evidence and expert valuation by Accuracy London.
A Burkina Faso Counter‑Memorial is due 31 January 2026; a case management conference is set for 17 February 2026 and a procedural hearing timeline will follow. Sarama has non‑recourse funding of US$4.4 million to cover legal costs.
Sarama Resources (ASX:SRR, TSXV:SWA) completed Tranche 3 of a previously announced A$2.7m equity placement on 21 October 2025. Tranche 3 raised A$100,000 via 3,333,333 CDIs at A$0.03 and issued 1,111,111 free attaching unlisted options exercisable at A$0.09 expiring 30 November 2028 to director Andrew Dinning, subject to shareholder approval already obtained.
Aggregate Placement proceeds include A$2.6m from Tranche 1 and option issuances in Tranche 2. Funds will fund exploration, a maiden drilling campaign at the Cosmo Gold Project, working capital and progress an arbitration claim against the Government of Burkina Faso. TSXV final approval and four-month hold periods apply to certain management-issued CDIs.