Golden Ridge cancels share exchange deal with MM Group

Mr. Mike Blady reports GOLDEN RIDGE RESOURCES ANNOUNCES TERMINATION OF AGREEMENT TO ACQUIRE MAJORITY INTEREST IN BRAZILIAN MINING PRODUCER MM GROUP LTDA. Golden Ridge Resources Ltd. has terminated the previously announced share exchange agreement among the company, MM Group Ltda. (MMG), Minas Mineracao Ltda. and certain members of MMG dated June 4, 2024. The company is working with the TSX Venture Exchange to reinstate trading in its common shares and will provide further information concerning the anticipated resumption date in a subsequent news release. About Golden Ridge Resources Ltd. Golden Ridge is a TSX Venture Exchange-listed exploration company engaged in acquiring and advancing mineral properties located in British Columbia and Newfoundland. Golden Ridge owns a 100-per-cent interest in the 1,700-hectare Hank copper-gold-silver-lead-zinc property, located in the Golden Triangle district, approximately 140 kilometres north of Stewart, B.C. The company also own a 100-per-cent interest in the 1,550-hectare Williams gold property, which is surrounded by New Found Gold Corp.'s Queensway South gold property in the Central Newfoundland gold belt of the province of Newfoundland and Labrador. We seek Safe Harbor.