Sarama Resources Completes A$2 Million Equity Placement

Sarama Resources (TSE:SWA) has released an update.

Sarama Resources has successfully completed the first tranche of its A$2 million equity placement, issuing 66.7 million CDIs to institutional investors. The funds raised will support exploration and general working capital, while the second tranche, involving options issuance, awaits shareholder approval.

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