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Sarama Raises A$1.42 Million in Placement Tranche 1, Eyes Director CDI Approval

1:58pm on Friday 29th of May, 2026 AEST Mining
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Sarama Raises A$1.42 Million in Placement Tranche 1, Eyes Director CDI Approval

1:58pm on Friday 29th of May, 2026 AEST
Key Points
  • Tranche 1 raises A$1.42 million via 40.5 million CDIs
  • Tranche 2 involves director CDIs worth A$81,750 awaiting approval
  • Funds support exploration and US$242 million Burkina Faso claim
  • Related party participation below 25% market cap exempt from formal approval
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