- Salazar Resources (SRL) has announced a non-brokered private placement to raise gross proceeds of up to C$3,000,000
- The company will issue up to 30,000,000 common shares at C$0.10 per share
- Net proceeds will be used for working capital and exploration
- Salazar Resources Ltd is a Canada-based junior mineral exploration company engaged in the exploration of mineral properties in Latin America
- Salazar Resources Limited (SRL) opened trading at C$0.125
Salazar Resources (SRL) has announced a non-brokered private placement to raise gross proceeds of up to C$3,000,000.
The company will issue up to 30,000,000 common shares at C$0.10 per share.
Insiders led by Fredy Salazar and current shareholders of Salazar Resources Limited have committed over C$2 million to the Private Placement.
Net proceeds will be used for working capital and exploration.
All securities issued will be subject to a statutory four-month hold period.
Salazar Resources Ltd is a Canada-based junior mineral exploration company engaged in the exploration of mineral properties in Latin America. Its projects include Curipamba and Ruminahui.
Salazar Resources Limited (SRL) opened trading at C$0.125.