Welcome to our dedicated page for Sarama Res news (Ticker: SRMMF), a resource for investors and traders seeking the latest updates and insights on Sarama Res stock.
Sarama Resources Ltd. reports company developments tied to gold exploration, project acquisitions, governance and dispute-related matters. The company’s recurring updates center on the Cosmo and Mt Venn Gold Projects in Western Australia’s Laverton Gold District, including exploration strategy, landholding changes and project-level agreements. News also covers Sarama’s arbitration proceedings connected to the Tankoro 2 Exploration Permit and Sanutura Project in Burkina Faso, along with auditor changes, shareholder voting matters, capital-structure disclosures and investor-engagement initiatives.
Sarama Resources (OTC:SRMMF) closed Tranche 1 of its previously announced A$1.5 million equity placement, raising A$1,418,250 via 40,521,427 CDIs at A$0.035 each.
Tranche 2, for 2,335,715 Director CDIs (A$81,750), remains subject to shareholder and TSXV approval. Proceeds will fund exploration, corporate costs and support a US$242 million damages claim against the Government of Burkina Faso.
Sarama Resources (OTC:SRMMF) received binding commitments for a private placement of up to A$1.5 million before costs via up to 42,857,142 CDIs at A$0.035 each.
Proceeds will fund NSW copper-gold exploration and working capital as Sarama advances its US$242 million ICSID arbitration claim, with a Merits Hearing scheduled for February 2027.
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Sarama Resources (OTC:SRMMF) appointed Davidson & Company LLP as its new auditor, effective 13 February 2026, following the resignation of HLB Mann Judd effective 10 February 2026. The Board, on the Audit Committee's recommendation, named Davidson & Co until the next Annual General Meeting.
Change of Auditor Package and letters from both firms were sent to securities commissions and are available on SEDAR+.
Sarama Resources (OTC:SRMMF) partnered with InvestorHub to launch an interactive Investor Hub direct-to-investor platform on December 2, 2025. The Hub provides ASX announcements, project updates, videos, presentations and an interactive Q&A for shareholders as Sarama advances gold exploration at the Cosmo and Mt Venn projects in Western Australia.
The company also notes it is progressing a fully funded US$242M arbitration claim against the Government of Burkina Faso and will publish content aimed at explaining its growth strategy and value-creation initiatives. Instructions to sign up and a company contact are provided, plus a forward-looking statements caution.
Sarama Resources (OTC:SRMMF) filed a written Memorial with ICSID on 31 October 2025 seeking US$242 million plus interest for the alleged expropriation of its 100%‑owned Tankoro 2 Exploration Permit in Burkina Faso. The Memorial includes Sarama's statement of case, witness evidence and expert valuation by Accuracy London.
A Burkina Faso Counter‑Memorial is due 31 January 2026; a case management conference is set for 17 February 2026 and a procedural hearing timeline will follow. Sarama has non‑recourse funding of US$4.4 million to cover legal costs.
Sarama Resources (ASX:SRR, TSXV:SWA) completed Tranche 3 of a previously announced A$2.7m equity placement on 21 October 2025. Tranche 3 raised A$100,000 via 3,333,333 CDIs at A$0.03 and issued 1,111,111 free attaching unlisted options exercisable at A$0.09 expiring 30 November 2028 to director Andrew Dinning, subject to shareholder approval already obtained.
Aggregate Placement proceeds include A$2.6m from Tranche 1 and option issuances in Tranche 2. Funds will fund exploration, a maiden drilling campaign at the Cosmo Gold Project, working capital and progress an arbitration claim against the Government of Burkina Faso. TSXV final approval and four-month hold periods apply to certain management-issued CDIs.
Sarama Resources (OTC:SRMMF) completed Tranche 2 of a previously announced A$2.6m equity placement on 7 October 2025. Tranche 2 issued 28,888,889 free attaching unlisted placement options and 19,166,666 broker options, each exercisable at A$0.09 and expiring 30 November 2028, following shareholder approval on 2 October 2025. The earlier Tranche 1 (9 July 2025) issued 86,666,667 CDIs at A$0.03 per CDI. Tranche 3 is imminent and will issue 3,333,333 CDIs and 1,111,111 options to a director for A$100,000. Net proceeds will fund exploration at the Cosmo Gold Project, a maiden drilling campaign, working capital and progress on an arbitration claim against the Government of Burkina Faso.
Sarama Resources (TSX-V:SWA) has provided an update on its arbitration proceedings against the Government of Burkina Faso regarding the unlawful expropriation of its Tankoro 2 Exploration Permit. The arbitral tribunal has been constituted and held its first procedural hearing on July 25, 2025.
The company is seeking damages of at least US$120 million through ICSID arbitration. Sarama has secured a US$4.4 million non-recourse litigation funding from Locke Capital II LLC to cover legal costs. The company has retained Boies Schiller Flexner as legal counsel, known for successful representation in similar mining-sector disputes.
The next major step is Sarama's written Memorial submission, due by October 31, 2025. The expropriated Tankoro Deposit hosted a multi-million-ounce gold resource and was approaching completion of a Preliminary Economic Assessment before activities were suspended.
Sarama Resources (SRMMF) has completed the acquisition of an 80% majority interest in the 420km² Mt Venn Gold Project in Western Australia's Eastern Goldfields. The acquisition, combined with their December 2024 Cosmo Gold Project purchase, creates a significant 1,000km² landholding in the Laverton Gold District.
The transaction consideration includes 12 million Chess Depository Instruments (CDIs), a A$20,000 exclusivity fee, and approximately A$39,900 in project fees. The Mt Venn Project, located 35km from the producing Gruyere Gold Mine, features a 50km strike length regional shear zone and includes historical high-grade gold discoveries from the 1920s.
The project operates under a joint venture with Cazaly Resources Limited maintaining a 20% interest. Sarama recently raised A$2.7M to advance initial exploration activities.