Sama Resources Inc.

MONTREAL, June 06, 2018 -- Sama Resources Inc. today reports that SRG Graphite Inc. has today announced the maiden resource estimate for the SRG 100%-owned Gogota nickel-cobalt deposit located in the Republic of Guinea. The mineral resource estimate, prepared by Montréal based Met-Chem, a division of DRA Americas Inc. , includes a pit-constrained inferred resource of 44.9 million tonnes grading 1.28% nickel for a [...]

MONTREAL, May 31, 2018 -- Sama Resources Inc. is pleased to announce the launch of the phase 1 Typhoon™ electromagnetic geophysical survey at the Yepleu areas at the Company’s Côte d’Ivoire Nickel-Copper-Cobalt-Palladium Project in Côte d’Ivoire, West Africa. The Typhoon survey is planned following the positive results from the 2,889-line/kilometer airborne helicopter time domain [...]

MONTREAL, Quebec, May 22, 2018 -- Sama Resources Inc. is pleased to report that SRG Graphite Inc. announced that it has closed its marketed public offering through a syndicate of underwriters co-led by National Bank Financial Inc. and TD Securities Inc. and including Macquarie Capital Markets Canada Ltd., Beacon Securities Limited and Clarksons Platou Securities AS . In connection with the closing of the Offering, SRG [...]

MONTREAL, May 02, 2018 -- Sama Resources Inc. is pleased to report that SRG has announced that in connection with SRG’s marketed public offering , SRG has entered into an underwriting agreement with a syndicate of underwriters, providing for the purchase and sale of 5,334,000 units of SRG at a price of $1.50 per Unit for gross proceeds of $8,001,000 . Each Unit will be comprised of one common share of SRG and one [...]

April 13, 2018 -- Sama Resources Inc. , is pleased to announce that it has closed its private placement with HPX Ivory Coast Holdings Inc. a subsidiary of High Power Exploration Inc., a private mineral exploration company in which mining entrepreneur Robert Friedland is a significant stakeholder, after receiving the required regulatory and shareholder approvals. With the strategic investment in Sama, and upon the [...]

MONTREAL, April 11, 2018 -- Sama Resources Inc. is pleased to report that at its Special Meeting of Shareholders held today the Corporation’s shareholders voted in favour of the resolution to approve the strategic partnership with HPX TechCo Inc. as described in the Proxy Circular sent to the shareholders on March 15, 2018. Approximately 28.87% of the common shares of the Company were represented at the meeting in [...]

MONTREAL, March 26, 2018 -- Sama Resources Inc. is pleased to report that SRG Graphite Inc. announced today the remaining assay results from the drilling program conducted on the SRG’s cobalt-nickel-scandium Gogota project in Guinea, West Africa. With these latest assay results, SRG is now in a position to produce a maiden resource estimate. Sama holds a control position in SRG of 24,658,267 shares representing [...]

MONTREAL, March 21, 2018 -- SAMA Resources Inc. today reports that SRG Graphite Inc. announced drill results from its ongoing drilling program at SRG’s Lola graphite deposit in Guinea, West Africa. To date, 346 boreholes, totalling 9,600 meters , have been drilled on the property of which, 175 boreholes, totalling 4,698m, since the Company announced its maiden resource on December 22nd, 2017. Once completed, the [...]

This news release is issued by Ivanhoe Industries, LLC , pursuant to the early warning requirements of Canada's National Instrument 62-103 with respect to common shares and warrants to purchase common shares of Sama Resources Inc. . On March 12, 2018, Ivanhoe Industries' affiliate, HPX TechCo Inc., and Sama executed a binding term sheet regarding HPX's subscription for 25 million units of Sama at C$0.21 per unit, with [...]

MONTREAL, March 15, 2018 -- Sama Resources Inc. is pleased to announce that its Special Meeting of Shareholders will be held on Wednesday, April 11, 2018 at 1:00 P.M. at the head office of the Company to approve the previously disclosed strategic partnership with HPX TechCo Inc. updated as described herein . Only shareholders of record as of March 12, 2018 will be entitled to vote upon the Transaction. The mailing of the [...]