Golden Rim Resources Ltd (AU:AS1) has released an update.
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Asara Resources Ltd has announced the divestiture of its non-core gold projects in Burkina Faso to BIC West Africa Limited for a total of $2.2 million, with the initial payment already received. This strategic move allows Asara to concentrate on advancing its flagship Kada Gold Project in Guinea and to repay outstanding debt, positioning the company for a debt-free future. The transaction underscores Asara’s commitment to streamlining its asset portfolio and enhancing its financial stability.
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