Sama is pleased to announce assay results for 43 holes drilled at the Company's 'Sipilou South nickel-cobalt rich laterite deposit'. Started in June, 2011 and completed at the end of October, 2011, the Company drilled 58 boreholes for 1,890 m at its Sipilou South nickel-cobalt rich laterite deposit, aimed at closing the drill spacing down to a 200 [...]
Sama Resources is pleased to announce the closing, and TSX Venture Exchange approval, of its previously announced private placement with International Finance; MMR Exploration, a subsidiary of Minmetals Resources; and African Lion 3 Limited of 5,105,539 units. The Units were issued at a price of CAN$0.315 per Unit, for total gross proceeds of [...]
MMR Exploration Ltd, a wholly-owned subsidiary of Minmetals Resources Limited, announces that, on July 15, 2011, it acquired 3,650,000 units of Sama Resources Inc. for Cdn$0.60 in cash per unit, or Cdn$2,190,000 in the aggregate. Each unit consisted of one common share of Sama and one warrant to purchase a common share of Sama. Sama is listed on [...]
