Brief: Sarama Resources Secures Funding For Burkina Faso Arbitration Claim
Oct 24 (Reuters) - Sarama Resources Ltd SWA.V :
* SARAMA SECURES FUNDING FOR BURKINA FASO ARBITRATION CLAIM
* ENTERED INTO A LITIGATION FUNDING AGREEMENT WITH LOCKE
CAPITAL
II LLC
* LITIGATION FUNDING AGREEMENT PROVIDES 4-YEAR NON-RECOURSE
LOAN
FACILITY OF US$4.4 MILLION TO CO
* AGREEMENT TO COMMENCE INTERNATIONAL ARBITRATION
PROCEEDINGS ON
ITS INVESTMENT DISPUTE WITH GOVERNMENT OF BURKINA FASO
Further company coverage: SWA.V
((Reuters.Briefs@thomsonreuters.com;))
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