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

(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 the sale of its Burkina Faso assets.

The buyer, BAOR SARL, has advised that its financiers have withdrawn from the sale and that it is currently unable to fulfil its obligations. The Company intends to formally terminate the Share Sale Agreement and will continue to seek opportunities for this project, which it regards as non-core.

Golden Rim’s focus shifted to its flagship Kada Gold Project in the Siguiri Basin of Guinea in 2020. Funds from the sale of Kouri would have enabled more rapid exploration progress at Kada however the Company remains committed to bringing exploration success at this exciting project.

Contact Information:
Golden Rim Resources Ltd
ABN 39 006 710 774
Craig Mackay
Managing Director
+61 3 8677 0829

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

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio 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.