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Solaris Resources Inc T.SLS

Alternate Symbol(s):  SLSR

Solaris Resources Inc. is a Canada-based multi-asset exploration company that is engaged in advancing a portfolio of copper and gold assets in the Americas. Its Warintza property is a porphyry copper-molybdenum-gold project located in southeastern Ecuador in the province of Morona Santiago. It includes nine metallic mineral concessions covering 26,777 hectares (ha). The Ricardo property is an exploration porphyry copper prospect located near Calama, Chile in the Calama Mining District. Its claim block covers approximately 16,000 ha. The Tamarugo property is a grass-roots copper porphyry target located in northern Chile approximately 85 kilometers northeast of Copiapo. Its claim blocks cover a total of approximately 12,300 ha. The Capricho project is a 4,200-ha copper-molybdenum-gold property. The Paco Orco project is a 4,400-ha lead, zinc and silver property. The La Verde property is situated in the Sierra Madre del Sur west of Mexico City, including the Unificacion Santa Maria claim.


TSX:SLS - Post by User

Post by BSdetector2016on May 13, 2022 7:43am
200 Views
Post# 34680650

Fully Funded Through to Mid-2023

Fully Funded Through to Mid-2023

VANCOUVER, B.C., May 13, 2022 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) (“Solaris” or the “Company”) is pleased to announce that the Company has received approximately C$30.4 million from the exercise of common share purchase warrants (“warrants”).

Further warrant expiries occur in the second half of 2022 and first half of 2023 and, if exercised in full, would generate additional proceeds of C$54.1 million. Of these, approximately 63% of the remaining outstanding warrants are held by management, and primarily by the Company’s Executive Chairman, Mr. Richard Warke.


https://www.globenewswire.com/news-release/2022/05/13/2442881/0/en/Solaris-Receives-30-Million-from-Warrant-Exercises-Fully-Funded-Through-to-Mid-2023.html
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