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The latest update is out from Golden Rim Resources Ltd ( (AU:AS1) ).
Asara Resources Limited has raised $2.3 million through a placement agreement with Barbet L.L.C FZ to accelerate its exploration program at the Kada Gold Project in Guinea. This financial boost reflects Barbet’s ongoing commitment, as they now hold 19.89% of Asara. Concurrently, Asara has appointed Matthew Sharples as the new CEO, leveraging his extensive experience in mine development and gold project management to further enhance the company’s strategic position in the mining sector.
More about Golden Rim Resources Ltd
Asara Resources Limited, listed on the ASX as AS1, operates in the mining industry with a focus on gold exploration. The company is primarily engaged in the development of the Kada Gold Project in Guinea, a key asset aimed at expanding its resource base and progressing toward feasibility studies.
YTD Price Performance: 60.0%
Average Trading Volume: 804,540
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$31.89M
See more data about AS1 stock on TipRanks’ Stock Analysis page.
