• 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.


More From The Market Online

The 5-Minute Investor Podcast, Ep. 28: Flow-through mining plays

Listen to episode 28 of Stockhouse's 5-Minute Investor Podcast, featuring analysis on First Lithium Minerals and F3 Uranium.

The 5-Minute Investor Podcast, Ep. 44: Greenland-based mining stocks

Check out ep. 44 of Stockhouse's 5-Minute Investor Podcast, featuring analysis on Greenland stocks Amaroq and Energy Transition Minerals.

The 5-Minute Investor Podcast, Ep. 42: Insights on gold and AI in 2026

Listen to episode 42 of Stockhouse's 5-Minute Investor Podcast, featuring analysis on the prospects for gold and AI in 2026.

The 5-Minute Investor Podcast, Ep. 41: Stocks to sleigh the Santa Claus Rally

Listen to Ep. 41 of Stockhouse's 5-Minute Investor Podcast, featuring analysis on Santa Claus Rally prospects Shopify and Monument Mining.