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Bullboard - Stock Discussion Forum
Salazar Resources Ltd
SRLZF
Primary Symbol:
V.SRL
Metals & Mining
Industrial Metals & Minerals
Salazar Resources Limited is a junior mineral exploration company. The Company is engaged in the acquisition and exploration of mineral properties located in Latin America. Its mineral properties are situated in Ecuador. Its projects include Curipamba Project, Pijili Project and Santiago Project. It holds interests in the various projects in Ecuador, such as Macara Project; Ruminahui Project...
; Los Osos Concession; El Potro Concession, and Los Santos. It holds 100% interest in the Curipamba Project, consisting of seven concessions located in the provinces of Bolivar and Los Rios, Ecuador. Its Pijili Project is situated in the province of Azuay, Ecuador. The Company owns 100% interest in the Santiago Property situated in the province of Loja, Ecuador. The Company owns a 100% interest in two concessions (the Ruminahui Project) located in the province of Pichincha, Ecuador. The Ruminahui Project covers around 2,910 hectares and is located around 100 kilometers (km) northwest of Quito.
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TSXV:SRL - Post Discussion
Salazar Resources Ltd
> Salazar Resources Congratulates Silvercorp
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(1931)
•••
Betteryear2
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Post by
Betteryear2
on Apr 26, 2024 3:39pm
Salazar Resources Congratulates Silvercorp
Vancouver, British Columbia--(Newsfile Corp. - April 26, 2024) -
SALAZAR RESOURCES LIMITED
(TSXV: SRL) (OTCQB: SRLZF) (FSE: CCG)
("
Salazar
" or the "
Company
") is pleased with today's announcement of the proposed acquisition by
Silvercorp Metals Inc.
(TSX: SVM) (NYSE: SVM)
("
Silvercorp
") of Adventus Mining Corporation
(TSXV: ADZN) (OTCQX: ADVZF)
("
Adventus
"), and Salazar would be glad to welcome Silvercorp as its new strategic partner and co-owner of the construction-ready El Domo - Curipamba project as well as the Pijili and Santiago exploration projects in Ecuador. Earlier today, Silvercorp announced its intension to acquire Adventus, who has been Salazar's trusted partner since 2017, by way of an arrangement (the "
Transaction
") that the parties estimate will close during the summer of 2024 following receipt of shareholder and court approval. With Silvercorp's record of operations excellence, Salazar believes that Silvercorp would bring new international technical experience and financial resources to successfully construct and ramp-up El Domo to commercial operations for the benefit of all stakeholders.
Salazar Resources Congratulates Silvercorp on Its Proposed Acquisition of Adventus (newsfilecorp.com)
(14)
•••
FlightTime
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Comment by
FlightTime
on Apr 28, 2024 11:20am
Good to see the funding issue has been resolved by way of this arrangement.
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