Sarama Resources Ltd.

Stock factsheet

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Company profile

Sarama Resources is an exploration and development company with a strategic focus on copper-gold opportunities in Australia, alongside a fully funded international arbitration claim against the Government of Burkina Faso. The Company has recently agreed to sell its Western Australian gold assets to Riedel Resources Ltd ('Riedel') for approximately A$4.6 million in cash and shares ( see news release dated 21 April 2026 ), enabling Sarama to retain significant exposure to exploration upside while minimising shareholder dilution. Following completion, Sarama is expected to hold an initial ~32% post-money interest in Riedel[1], increasing to up to ~44% upon vesting and exercise of all performance rights[2]. Riedel is expected to emerge as a well-funded, multi-project gold explorer with large-scale assets located in the Tier 1 mining jurisdictions of Western Australia and Arizona.

Company description as published by the issuer via TMX Money.

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