Sarama Resources – Corporate Update
January 18, 2019
SARAMA RESOURCES – CORPORATE UPDATE
VANCOUVER, CANADA. The Board of Directors of Sarama Resources Ltd. (TSXV:SWA) (the “Company”) has
granted 4,635,000 options to directors, officers, employees and consultants of the Company. The option
grant is the result of the Company’s annual compensation review. T his granting of options is made in
accordance with the Company’s stock option plan which was approved by shareholders on September 27,
2018 and allows for the issuance of a number of options up to 10% of its rolling issued and outstanding
common shares. The options have an exercise price of C$0.06, will vest over the next six months and are
exercisable for a period of 3 years from the date of the grant thereof . The Company’s 10 day and 20 day
VWAPs at market close on January 17, 2019 was C$0.053 and C$0.052 respectively.
For further information on the Company’s activities, please contact:
Andrew Dinning
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.