Golden Rim Resources Ltd ( (AU:AS1) ) has shared an update.
Asara Resources Limited has issued 104,517,541 fully paid ordinary shares to Barbet L.L.C FZ as part of a placement announced earlier in February 2025. This move is in compliance with the Corporations Act 2001, and the company has ensured all regulatory requirements are met. This issuance is likely to impact Asara’s financial standing and could influence its strategic operations, potentially affecting its market positioning and stakeholder interests.
More about Golden Rim Resources Ltd
Asara Resources Limited is an ASX-listed exploration company with a diverse portfolio of advanced mineral projects located in Guinea and Burkina Faso, West Africa, and Chile, South America. The company’s flagship project is the Kada Gold Project in Guinea, which has a significant mineral resource estimate. Asara is also involved in the Kouri Gold Project in Burkina Faso and holds the Paguanta Copper and Silver-Lead-Zinc Project in Chile. Additionally, they have a joint venture agreement for the Loreto Copper Project in Chile.
YTD Price Performance: 50.0%
Average Trading Volume: 856,013
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$29.9M
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