Sama Resources and SRQ Resources Announce Closing of Plan of Arrangement
Montreal, Quebec – August 10, 2023 Sama Resources Inc. (“Sama” or the “Company”) (TSX-V: SME; OTC-PK: SAMMF) and SRQ Resources Inc. (“SRQ”) are pleased to announce the closing of the previously announced spin-out transaction, which shall become effective today, August 10, 2023 at 6:00 p.m. (Eastern time) (the “Effective Date and Time”). Pursuant to the […]
Sama Resources Obtains Final Order Approving Plan of Arrangement
Montreal, Quebec – July 21, 2023 Sama Resources Inc. (“Sama” or the “Company”) (TSX-V: SME; OTC-PK: SAMMF) is pleased to announce that the Québec Superior Court of Justice (Commercial Division) has issued a final order approving the previously announced arrangement (the “Arrangement”), pursuant to which the common shares of its wholly-owned subsidiary SRQ Resources Inc. […]
Sama Resources Inc. Announces Approval of Plan of Arrangement
Montreal, Quebec, June 30, 2023 – (“Sama” or the “Company”) (TSX-V: SME; OTC-PK: SAMMF) is pleased to announce that, at today’s annual and special meeting of shareholders (the “Meeting”), its shareholders (“Shareholders”) voted in favor of a special resolution to approve the previously- announced plan of arrangement (the “Arrangement”) pursuant to which, among other things, […]
Sama Resources Provides Update on Spin-Out of SRQ Resources, Its Quebec Nickel Subsidiary
Montreal, Quebec – June 28, 2023 Sama Resources Inc. (“Sama” or the “Company”) (TSX-V: SME; OTC-PK: SAMMF) is pleased to provide an update on its previously-announced spin-out transaction (the “Spin-Out”) of SRQ Resources Inc. (“SRQ”), a wholly-owned subsidiary of Sama. Valuation Report The Company announces today the dissemination of a valuation report (the “Valuation Report”) […]
Sama Resources Doubles Mineral Resources at the Samapleu-Grata Nickel-Copper Deposits in Côte d’Ivoire, West Africa. Metallurgical Copper Recovery up to 88% in a 26% Copper Grade Concentrate and up to 72% Nickel Recovery in a 13% Nickel Grade Concentrate
Highlights Using an NSR cut-off-value of USD$16.34/tonne, the inferred and indicated mineral resource estimates now stand at 102 million tonnes and 15.0 million tonnes grading 0.25% nickel. Mineralized material is amenable to produce a 26% copper concentrate at up to 88% copper recovery and a 13% nickel concentrate at up to 72% nickel recovery. 60% […]