Asara Raises $2.3M in Placement to Underpin Exploration Program at Kada and Makes Executive Changes

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Asara Raises $2.3M in Placement to Underpin Exploration Program at Kada and Makes Executive Changes

Asara Resources Limited (ASX: AS1; Asara or Company) is pleased to announce that it has signed a binding Subscription Agreement with Barbet L.L.C FZ (Barbet) to raise $2.3m (Placement) which affirms Barbet’s commitment to the Company and its flagship asset, the Kada Gold Project in Guinea (Kada). Following completion of the Placement, Mr. Timothy Strong has stepped down as Managing Director and Mr. Matthew Sharples has been appointed Chief Execu…