Sarama Resources Comments on Recent Trading Activity

VANCOUVER, BC--(Marketwired - August 02, 2016) - Sarama Resources Ltd. (TSX VENTURE: SWA) (the "Company") is issuing this news release in response to a request by the Investment Industry Regulatory Organization of Canada to comment on recent trading activity in its stock.

The Company is not aware of any material undisclosed corporate developments and has no material change to report at this time.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.