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Posted by
Two Blokes May 21, 2025 -
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Stock
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Vancouver, British Columbia--(Newsfile Corp. - May 21, 2025) - Waraba Gold Limited (CSE: WBGD) (FSE: ZE0) (OTC Pink: WARAF) (the "Company" or "Waraba") is pleased to announce that it has completed the initial payment of US$300,000 (the "Initial Somaco Payment") due under the earn-in term sheet which was announced on 25 March 2025 (the "Earn-In Term Sheet") pursuant to which it can acquire up to 80% of the share capital of Somaco Global Resources SARL ("Somaco"). Somaco holds two prospective gold licence applications (the "Licences"), awaiting ministerial approval, in northern Ivory Coast, as follows: Sirasso License - 369.34 km² located along the Senoufou greenstone belt, approximately 70 km south of Barrick Gold's Tongon Mine.
