Sarama Resources Ltd. (SWA) Financials
TSXV: SWA · Copper, Gold · Exploration stage
- Market cap$17.6M
- Share price$0.035
- 52-week range$0.030 – $0.070
- Shares outstanding503,591,948
- ExchangeTSXV
- Websitewww.saramaresources.com
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.
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Sarama Resources Ltd. financings
6 financings announced or closed by Sarama Resources Ltd., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-05-20 | Sarama Resources Ltd. (SWA) | Private placement | Tranche closed, 1 tranche | AUD $1.5M | $0.035 | Sarama Resources Announces Private Equity Placement of A$1.5M |
| 2025-06-30 | Sarama Resources Ltd. (SWA) | Private placement | Tranche closed, 3 tranches | AUD $2.7M | $0.030 | Sarama Announces Well Supported Equity Placement of A$2.7M to Fund Laverton Drilling Campaign |
| 2025-02-11 | Sarama Resources Ltd. (SWA) | Private placement | Tranche closed, 1 tranche | AUD $2.0M | $0.030 | Sarama Completes Tranche 2 Options Placement |
| 2024-11-21 | Sarama Resources Ltd. (SWA) | Private placement | Closed, 1 tranche | AUD $2.0M | $0.030 | Sarama Announces Equity Placement of up to A$2M and Issue of Equity FOR Debt |
| 2024-06-18 | Sarama Resources Ltd. (SWA) | Private placement | Tranche closed, 2 tranches | AUD $1.0M | $0.020 | Sarama Announces Equity Placement of up to A$1M |
| 2023-12-18 | Sarama Resources Ltd. (SWA) | Private placement, non-brokered | Closed, 2 tranches | AUD $520K | $0.020 | Sarama Announces Equity Placement of up to A$520,000 |