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Kouri sale update


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



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

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

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