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Sarama Raises A$2.6m to Advance Cosmo Gold Drilling and Arbitration Fight
8:32am on Thursday 10th of July, 2025 AEST
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Mining
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Sarama Raises A$2.6m to Advance Cosmo Gold Drilling and Arbitration Fight
8:32am on Thursday 10th of July, 2025 AEST
Key Points
Tranche 1 raised A$2.6 million via 86.7 million CDIs at A$0.03 each
Tranche 2 includes 30 million free attaching options and director CDIs, pending shareholder approval
Funds earmarked for maiden drilling campaign at Cosmo Gold Project in Western Australia
Board and management subscribed for nearly 5 million CDIs
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