Salazar Resources Ltd. is pleased to provide an update on the non-brokered private placement financing initially announced on October 24, 2022, with subsequent updates. The Company has raised the full amount announced of $ 3,000,000 and has issued 30,000,000 common shares at a price of $0.10 per Share. The Shares issued are subject to a four month hold period from the date of issue. Finders' fees were paid on a portion of [...]
Salazar Resources is pleased to provide an update on the non-brokered private placement financing announced on October 24, 2022, November 28, 2022, and December 9, 2022. To date the Company has raised gross proceeds of $2,631,479 by issuing, in aggregate, 26,314,796 common shares at a price of $0.10 per Share. The Shares issued are subject to a four month hold period from the date of closing. Finders' fees were paid on a [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce that the Government of Ecuador has signed the Investment Contract between the Government of Ecuador and Adventus Mining Corporation, Salazar and the Participants' subsidiary Salazar Holdings Ltd. in support of the development of the El Domo copper-gold mining project. The IC was originally reported on November 10, 2022 as being approved for signing [...]
Salazar Resources Ltd. is pleased to provide an update on the non-brokered private placement financing announced on October 24, 2022 and November 28, 2022. To date the Company has raised gross proceeds of $2,229,758 by issuing, in aggregate, 22,297,581 common shares at a price of $0.10 per Share. The Shares issued are subject to a four month hold period from the date of closing. Finders' fees were paid on a portion of the [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce the additional infill drilling results from the underground portion of the El Domo volcanogenic massive sulphide deposit located within the 21,537-hectare Curipamba project in central Ecuador. The infill drilling program for the underground portion of the Mineral Resource at El Domo, as announced in the August 29, 2022 news release, continues with [...]
Salazar Resources Ltd. is pleased to announce that it has been advised by Adventus Mining Corp. that they have completed all conditions precedent to receive a US$13 million early deposit from Wheaton Precious Metals International Ltd. The funds are part of the US$175.5 million precious metals stream commitment to the El Domo copper-gold project. The Early Deposit has no cost or fees for 18 months, after which it is [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce that the President of Ecuador has signed the eagerly awaited pre-legislative consultation decree on November 28, 2022 . This Decree will guide the formal comment process for the draft environmental consultation regulation as part of the Environmental and Social Impact Assessment approval process. For the El Domo copper-gold project , this Decree [...]
Salazar Resources Ltd. is pleased to announce the initial closing of the non-brokered private placement financing announced on October 24, 2022. To date the Company has raised gross proceeds of $1,980,187 by issuing a total of 19,801,872 common shares at a price of $0.10 per Share. The Shares issued are subject to a four month hold period from the date of closing. A finder's fee of $3,000 cash and 1,000,000 common shares [...]
Salazar Resources Ltd. is pleased to announce that negotiations have concluded for the award of the open pit mining contract to a joint-venture between STRACON S.A., a well-established Peruvian mining contractor with operations throughout the Americas, and RIPCONCIV, a large and respected Ecuadorian infrastructure construction contractor for the development of the El Domo - Curipamba copper-gold project located in central [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce the additional infill drilling results from the underground portion of the El Domo volcanogenic massive sulphide deposit located within the 21,537-hectare Curipamba project in central Ecuador. The infill drilling program for the underground portion of the Mineral Resource at El Domo, as announced in the August 29, 2022 press release, continues with [...]
Adventus Mining Corp. and Salazar Resources Ltd. are pleased to announce that the Government of Ecuador through its investment institution, Investment Promotion and Attraction Strategic Committee , approved by Resolution No. 203-CEPAI-2022 dated November 1, 2022, the signing of the Investment Contract between the Government of Ecuador and Adventus Mining Corporation, Salazar and the Participants' subsidiary Salazar [...]
Salazar Resources Ltd. is pleased to announce that the Company has arranged a non-brokered private placement for the sale of up to 30,000,000 common shares of the Company at a price of C$0.10 per Share to raise gross proceeds of up to C$3,000,000. Insiders led by Fredy Salazar and current shareholders of Salazar Resources Ltd. have committed over C$2 million to the Private Placement. A finder's fee will be payable on a [...]
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