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Sarama Resources Secures Funding for Arbitration

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Sarama Resources Secures Funding for Arbitration

Sarama Resources (TSE:SWA) has released an update.

Confident Investing Starts Here:

Sarama Resources has secured a $4.4 million non-recourse loan from Locke Capital II LLC to fund international arbitration against Burkina Faso over the withdrawal of rights to its Tankoro 2 Exploration Permit. This financial backing allows Sarama to seek compensation for its losses without impacting its ongoing operations.

For further insights into TSE:SWA stock, check out TipRanks’ Stock Analysis page.

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