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Sarama Resources Completes $5.8 Million Private Placement

Published: 04/29/2019

Team: Gordon R. Chambers, Andrew Dilts

On April 29, 2019, Sarama Resources Ltd. completed a non-brokered private placement offering of 68,949,585 common shares at a price of $0.085 per common share for aggregate gross proceeds of approximately $5.8 million.   

Cassels Brock acted for Sarama with a deal team that included Gordon Chambers and Andrew Dilts (Securities and Mining).