21:49:43 EDT Sun 28 Apr 2024
Enter Symbol
or Name
USA
CA



Sama Resources Inc
Symbol SME
Shares Issued 220,068,440
Close 2023-12-29 C$ 0.11
Market Cap C$ 24,207,528
Recent Sedar Documents

Sama Resources hires ITG for market-making services

2023-12-29 15:28 ET - News Release

Dr. Marc-Antoine Audet reports

SAMA RESOURCES ANNOUNCES ENGAGEMENT OF MARKET MAKER

Sama Resources Inc. has, subject to regulatory approval, entered into a market-making agreement with Independent Trading Group (ITG), pursuant to which ITG has agreed to provide market-making services to the company in accordance with the policies of the TSX Venture Exchange and applicable laws.

ITG will trade the securities of the company on the TSX-V for the purposes of maintaining an orderly market. None of ITG nor its affiliates or associates have any interest directly or indirectly in the company or its securities or any right or intent to acquire such an interest. In consideration of the services provided by ITG, the company will pay ITG a monthly cash fee of $5,000 for a minimum term of three months, which will automatically extend for successive one-month terms unless terminated by either party on 30 days of prior notice. ITG will not receive shares or other securities as compensation. The capital used for market making will be provided by ITG.

Renmark Financial Communications Inc.

In reference to its news release dated Dec. 19, 2023, Sama Resources will be cancelling its agreement with Renmark Financial Communications.

About Sama Resources Inc.

Sama is a Canadian-based, growth-oriented resource company focused on exploring the Samapleu nickel-copper project in Ivory Coast, West Africa. The company is managed by experienced industry professionals with a strong record of discovery. Sama is committed to developing and exploiting the Samapleu nickel-copper and platinum group element resources.

Sama's projects are located approximately 600 kilometres northwest of Abidjan in Ivory Coast and are flanked to the west by the Ivorian and Guinean borders. Sama's projects are located adjacent to the large world-class nickel-cobalt laterite deposits of Sipilou and Foungouesso, forming a 125-kilometre-long new base metal camp in West Africa.

Sama owns 70-per-cent interest in the Samapleu nickel-copper project in Ivory Coast, with its joint venture partner Ivanhoe Electric owning 30 per cent. Ivanhoe Electric has the option to purchase up to a 60-per-cent interest in the project.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.