Sarama Resources Provides Update on Dual Listing on the Australian Securities Exchange

Sarama Resources Ltd. (“Sarama” or the “Company”) (TSX-V: SWA) wishes to provide an update on its proposed dual listing on the Australian Securities Exchange ("ASX"). Sarama is pleased to confirm that the Public Offer period (during which applications to subscribe for new securities can be submitted to the Company) has closed, with applications in excess of the upper $8m limit, and Sarama has submitted its application for admission to the ASX.

The ASX IPO market remains buoyant and the ASX has advised it will process the application as per its usual course of business and the Company anticipates relevant approvals being completed in a timely manner.

For further information contact:

Andrew Dinning or Paul Schmiede

e: info@saramaresources.com

t: +61 (0) 8 9363 7600

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Click here for the full ASX Release

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