Sarama Board Changes

Rhea-AI Summary

Sarama Resources (ASX:SRR, TSX-V:SWA) has announced key board changes effective January 2025. Michael Bohm has been appointed as Non-Executive Director, bringing extensive experience as a mining engineer and director in the resources industry. His background includes roles in mine development across gold, nickel, and diamond sectors, with current directorship at Riedel Resources and previous positions at Perseus Mining, Ramelius Resources, Mincor Resources, and Cygnus Metals.

Simultaneously, Steven Zaninovich has resigned as director effective December 31, 2024, after serving for 4.5 years. Chairman Andrew Dinning highlighted Bohm's appointment as particularly relevant given Sarama's current focus on rebuilding operations in Western Australia's Eastern Goldfields, including the recent acquisition of the Cosmo Gold Project, which covers 50 kilometers of the Cosmo Newbery greenstone belt.

Positive

• Appointment of experienced mining professional Michael Bohm as Non-Executive Director
• Recent acquisition of Cosmo Gold Project covering 50km of Cosmo Newbery greenstone belt

Negative

• Loss of experienced director Steven Zaninovich due to work commitments

PERTH, AUSTRALIA and VANCOUVER, BC / ACCESSWIRE / January 2, 2025 / Sarama Resources Ltd. ("Sarama" or the "Company") (ASX:SRR)(TSX-V:SWA) is pleased to advise the appointment of 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.

Sarama's Chairman, Andrew Dinning commented:

"We are pleased to welcome Michael Bohm as a director. Michael's extensive experience, including his valuable contributions to Ramelius during its early years, is especially relevant as Sarama is currently rebuilding its operations in Western Australia's prolific Eastern Goldfields. This includes the recent acquisition of the promising Cosmo Gold Project, covering the entire 50 kilometers of the Cosmo Newbery greenstone belt which we believe presents a significant opportunity for the Company.

We would also like to sincerely thank Steven Zaninovich for his valuable contribution during what has been a very challenging time for the business and wish him well in his future endeavours."

For further information, please contact:

Andrew Dinning Sarama Resources Ltd
e: info@saramaresources.com t: +61 8 9363 7600

This announcement has been authorised by the Board of Sarama Resources.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Sarama Resources Ltd.

View the original press release on accesswire.com

FAQ

What changes were made to Sarama Resources' (SRMMF) board in January 2025?

Michael Bohm was appointed as Non-Executive Director effective January 1, 2025, while Steven Zaninovich resigned as director effective December 31, 2024.

What experience does Michael Bohm bring to Sarama Resources (SRMMF)?

Michael Bohm brings extensive experience as a mining engineer and director, with roles in mine development across gold, nickel, and diamond sectors, including directorships at Riedel Resources, Perseus Mining, Ramelius Resources, Mincor Resources, and Cygnus Metals.

What is Sarama Resources' (SRMMF) recent acquisition in Western Australia?

Sarama Resources recently acquired the Cosmo Gold Project, which covers the entire 50 kilometers of the Cosmo Newbery greenstone belt in Western Australia's Eastern Goldfields.

How long did Steven Zaninovich serve as director at Sarama Resources (SRMMF)?

Steven Zaninovich served as director at Sarama Resources for 4.5 years before resigning effective December 31, 2024.