Sarama Resources Ltd. — Capital/Financing Update 2023

Oct 3, 2023

Part 1 - Entity and announcement details

1.1 Name of +Entity

SARAMA RESOURCES LTD

1.2 Registered Number Type ARBN

Registration Number 143964649

1.3 ASX issuer code SRR

1.4 The announcement is New announcement

1.5 Date of this announcement

4/10/2023

Part 2 - Details of CDIs and other securities on issue

2.1 Statement for month and year

September-2023

2.2a Number and class of all ASX-quoted CDIs on issue

ASX +Security Code and Description	CDI Ratio
SRR : CHESS DEPOSITARY INTERESTS 1:1		1:1
Total number of CDIs quoted on ASXat end of statement month (A)	Total number of CDIs quoted on ASXat end of previous month (B)	Net Difference (A-B)0

If the total number of CDIs quoted on ASX at the end of the statement month (A), is greater than the total number of CDIs for which the entity has previously paid an initial listing fee or an additional listing fee under Table 1A and 1C of Guidance Note 15A (C), the entity hereby applies for +quotation of the difference (A - C) and agrees to the matters set out in Appendix 2A of the ASX Listing Rules.

2.2b Number and class of all issued securities not represented by CDIs quoted on ASX

ASX +Security Code and Description

SRRAB : ORDINARY FULLY PAID

Total number of securities at end of	Total number of securities at end of	Net Difference (A-B)
statement month (A)	previous month (B)	0
101,668,975	101,668,975

ASX +Security Code and Description

SRRAA : OPTION EXPIRING 22-APR-2025 RESTRICTED

Total number of securities at end of	Total number of securities at end of	Net Difference (A-B)
statement month (A)	previous month (B)	0
2,500,000	2,500,000

ASX +Security Code and Description

SRRAE : OPTION EXPIRING 14-JAN-2024 EX CAD $0.35

Total number of securities at end of	Total number of securities at end of	Net Difference (A-B)
statement month (A)	previous month (B)	0
3,158,336	3,158,336

ASX +Security Code and Description

SRRAF : WARRANTS EXPIRING 23-MAY-2024 EX CAD $0.30

Total number of securities at end of	Total number of securities at end of	Net Difference (A-B)
statement month (A)	previous month (B)	0
833,333	833,333

		ASX +Security Code and Description

SRRAG : WARRANTS EXPIRING 23-MAY-2024 EX CAD $0.60

Total number of securities at end ofstatement month (A)	Total number of securities at end ofprevious month (B)	Net Difference (A-B)0
833,333	833,333
ASX +Security Code and Description
SRRAH : WARRANTS EXPIRING 28-JUL-2024 EX CAD $0.28
Total number of securities at end ofstatement month (A)	Total number of securities at end ofprevious month (B)	Net Difference (A-B)0
4,863,517	4,863,517
ASX +Security Code and Description
SRRAI : OPTION EXPIRING 19-JAN-2025 EX CAD $0.20
Total number of securities at end ofstatement month (A)	Total number of securities at end ofprevious month (B)	Net Difference (A-B)0
2,721,665	2,721,665
ASX +Security Code and DescriptionSRRAL : OPTION EXPIRING 13-APR-2026 EX $0.15
Total number of securities at end ofstatement month (A)	Total number of securities at end ofprevious month (B)	Net Difference (A-B)0
6,875,000	6,875,000
ASX +Security Code and Description
SRRAM : OPTION EXPIRING 20-APR-2026 EX $0.16
Total number of securities at end ofstatement month (A)	Total number of securities at end ofprevious month (B)	Net Difference (A-B)0
6,809,999	6,809,999
ASX +Security Code and Description
SRRAN : OPTION EXPIRING 14-JUN-2026 EX $0.15
Total number of securities at end ofstatement month (A)	Total number of securities at end ofprevious month (B)	Net Difference (A-B)0
1,312,180	1,312,180
ASX +Security Code and Description
SRRAO : OPTION EXPIRING 21-JUN-2026 EX $0.15
Total number of securities at end ofstatement month (A)	Total number of securities at end ofprevious month (B)	Net Difference (A-B)
1,812,820	1,812,820	0