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Sarama Resources Ltd (ASX:SRR)

ALERT: Price-sensitive ASX Announcement for SRR
Current share price for SRR : $0.033 -0.015 (-31.25%)+
Announcement
Release
14 Nov 2025 2:22PM
Price at Release
$0.048
Full Release
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Summary
Sarama Resources Ltd, an exploration stage company focusing on mineral properties, reported a total comprehensive loss of $1,915,464 for the nine months ending September 30, 2025. The company's income for the period was $23,677 with expenses totaling $1,939,143. The interim financial statements were authorized by the Board on November 14, 2025. During Q3 2025, the company issued various warrants and shares affecting its equity and liability structure. Cash outflows were recorded from operating activities, while cash inflows were generated through financing activities. Sarama is also engaged in arbitration proceedings related to an expropriation claim in Burkina Faso. The financials are prepared under IFRS and expressed in USD.
Key Points
  • Sarama Resources Ltd is in the exploration stage and focuses on mineral properties.
  • The company reported total comprehensive loss of $1,915,464 for the nine months ended September 30, 2025.
  • For the same period, total income was $23,677 with significant expenses amounting to $1,939,143.
  • The Board of Directors authorized these interim financial statements on November 14, 2025.
  • During Q3 2025, Sarama issued various warrants and shares, impacting equity and liabilities.
  • The company faced cash outflows from operating activities but generated cash from financing.
  • Sarama Resources is involved in arbitration proceedings concerning an expropriation claim in Burkina Faso.
  • The company operates under IFRS and records financial data in USD.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.