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Press release Box-ID: 1122584

Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
Contact Mr Jochen Staiger +41 71 354 85 01

Kouri sale additional update

(PresseBox) (Herisau, )
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.

At the request of the buyer, BAOR SARL, Golden Rim has granted BAOR SARL a two-week extension to complete financing arrangements. The first and second payments totalling US$6,000,000 are now due to be paid by Monday 15 August. 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

info@resource-capital.ch

www.resource-capital.ch

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

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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.