AI assistant
ASARA RESOURCES LIMITED — Capital/Financing Update 2022
Jul 31, 2022
64427_rns_2022-07-31_fef079c0-7d4f-4bd0-b132-333a17a05fc2.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
ASX ANNOUNCEMENT
1 August 2022
==> picture [150 x 45] intentionally omitted <==
Kouri sale additional update
West African gold explorer Golden Rim Resources Ltd (ASX: GMR; Golden Rim or Company ) advises the following update regarding receipt of payments for the sale of its Burkina Faso assets.
At the request of the buyer, BAOR SARL, Golden Rim has granted BAOR SARL a two-week extension to complete financing arrangements. The first and second payments totalling US$6,000,000 are now due to be paid by Monday 15 August. The Share Sale Agreement provides that simple interest of 8% is payable on outstanding amounts.
-ENDS-
Contact Information:
Golden Rim Resources Ltd
ABN 39 006 710 774
Craig Mackay Managing Director +61 3 8677 0829
This announcement was authorised for release by the Board of Golden Rim Resources Ltd.
==> picture [178 x 74] intentionally omitted <==
GOLDEN RIM RESOURCES ASX:GMR Level 23, Collins Square Tower Five, 727 Collins Street, Melbourne, VIC, 3008 T + 61 3 8677 0829 | E [email protected] | goldenrim.com.au