Sarama Resources Finalizes Equity Placement Deal
Company Announcements

Sarama Resources Finalizes Equity Placement Deal

Story Highlights

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

Sarama Resources Ltd. has successfully completed the second and final portion of their A$1 million equity placement by issuing 5 million CDIs at A$0.02 each, following the first tranche which raised A$900,000. The funds raised are earmarked for exploration, potential acquisitions, and general working capital, with no insider participation in the placement.

For further insights into TSE:SWA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskSarama Resources Advances in Cosmo Gold Acquisition
TipRanks Canadian Auto-Generated NewsdeskSarama Resources Secures Funding for Arbitration
TipRanks Canadian Auto-Generated NewsdeskSarama Resources Advances Cosmo Gold Acquisition
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App