Home » Internet, Picture Gallery » Kouri sale update

Kouri sale update

Posted by Internet, Picture Gallery Monday, 18. July 2022



 

West African gold explorer Golden Rim Resources Ltd (ASX: GMR; Golden Rim or Company – https://www.commodity-tv.com/ondemand/companies/profil/golden-rim-resources-ltd/) advises the following update regarding receipt of payments for the sale of its Burkina Faso assets.

The buyer, BAOR SARL, has advised of a delay for the initial payment of US$600,000, which was due to be paid to Golden Rim by 19 July 2022, and the second payment of US$5.4 million, which was due to be paid to Golden Rim by 27 July 2022. Both payments are now to be paid within 15 calendar days. The Share Sale Agreement provides that simple interest of 8% is payable on outstanding amounts.

Contact Information:

Golden Rim Resources Ltd

ABN 39 006 710 774

Craig Mackay

Managing Director

+61 3 8677 0829

In Europe:

Swiss Resource Capital AG

Jochen Staiger

info@resource-capital.ch

www.resource-capital.ch

This announcement was authorised for release by the Board of Golden Rim Resources Ltd.

Related posts:

  1. Golden Rim divests Burkina Faso gold assets for US$15.5M cash West African gold explorer Golden Rim Resources Ltd (ASX: GMR; Golden Rim or Company – https://www.commodity-tv.com/ondemand/companies/profil/golden-rim-resources-ltd/) is pleased to announce it has executed a binding agreement to sell its Kouri and Babonga gold projects in Burkina Faso, West Africa. Highlights Total consideration of US$15.5 million (approx. A$22.3 million). Four staged cash payments over 12 months. […]...
  2. Research In Motion Reports Third Quarter Fiscal 2013 Results WATERLOO, ONTARIO -- (Marketwire) -- 12/20/12 -- Research In Motion Limited (RIM) (NASDAQ: RIMM)(TSX: RIM), a world leader in the mobile communications market, today reported third quarter results for the three months ended December 1, 2012 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).Highlights:Q3 ResultsRevenue for the third quarter of fiscal 2013 was $2.7 billion, down 5% from $2.9 billion in the previous quarter and down 47% from $5.2 billion in the same qu...
  3. Golden Rim identifies extensive additional oxide gold target areas at Bereko West African gold explorer Golden Rim Resources Ltd (ASX: GMR; Golden Rim or Company – https://www.commodity-tv.com/ondemand/companies/profil/golden-rim-resources-ltd/) is pleased to announce assay results from a program of infill auger drilling at its Kada Gold Project (Kada) in Guinea. Highlights Golden Rim has received all assays from infill auger drilling at the Bereko Prospect (218 holes for […]...
  4. Research In Motion Provides Management Update and Details On Cost Optimization Program WATERLOO, ONTARIO -- (Marketwire) -- 07/25/11 -- Research In Motion Limited (RIM) (NASDAQ: RIMM)(TSX: RIM) today provided an update on changes in responsibilities amongst the company-s senior management team, as well as additional details about the cost optimization program announced on June 16th. The changes described below are intended to create greater alignment of the organization and to streamline RIM-s operations in order to better position the company for future growth and profitability...
  5. Golden Arrow Resources Sells 25% Interest In Puna Operations To SSR Mining For $44.4M By https://www.criticalinvestor.eu/...




Posted by on 18. July 2022. Filed under Internet, Picture Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Archive

Recent Comments

    © 2022 So-Co-IT. All Rights Reserved. Log in - Copyright by LayerMedia


    Blogverzeichnis - Blog Verzeichnis bloggerei.de Blog Top Liste - by TopBlogs.de Bloggeramt.de