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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 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.

The buyer, BAOR SARL, has advised of a delay for the initial payment of US$600,000, which was due to be paid to Golden Rim by 19 July 2022, and the second payment of US$5.4 million, which was due to be paid to Golden Rim by 27 July 2022. Both payments are now to be paid within 15 calendar days. 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 (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.