TSX-V Ticker: SWA
SWA.WT
VANCOUVER, May 14, 2013 /PRNewswire/ - Sarama Resources Ltd.
(the "Company") wishes to announce that it has issued
141,192 common shares of the Company yesterday as part of the
consideration for the purchase of two exploration properties
located on the Banfora Belt in south-western Burkina Faso, West
Africa. The agreement to acquire the properties was
previously announced on August 27,
2012.
The common shares are subject to a statutory
hold period which expires four months from the date of issue.
For further information on the Company's activities, please
contact:
Andrew Dinning or Paul Schmiede
email: info@saramaresources.com
telephone: +61 8 9363 7600
About Sarama Resources Ltd.
Sarama Resources Ltd. is a Canadian company with a focus on the
exploration and development of gold deposits in West Africa. The board of directors and
management team, a majority of whom are founders of the Company,
are seasoned resource industry professionals with extensive
experience in the exploration and development of world-class gold
projects in Africa.
The South Houndé Project in south-west
Burkina Faso is the Company's
flagship property and is currently the focus of an aggressive
exploration program to increase the size of its maiden discovery
and to test gold-in-soil anomalies located in a 30km-long
structural corridor. Recent drilling programs at the South Houndé
Project have intersected significant mineralisation in several
prospect areas which the Company is actively following up. The
Company has built substantial early stage exploration landholdings
in prospective and underexplored areas of Burkina Faso (3,100 km²), Liberia (>880 km²) and Mali (>560 km²) and is aggressively
exploring across the property portfolio.
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Sarama Resources Limited