Bullboard - Stock Discussion Forum Salazar Resources Ltd V.SRL

Alternate Symbol(s): SRLZF

Metals & Mining Industrial Metals & Minerals

Salazar Resources Limited is focused on the discovery, exploration, and development in Ecuador. The Company has a wholly owned pipeline of copper-gold exploration projects across Ecuador, with a strategy to make another commercial discovery and farm-out non-core assets. The Company has carried interests in three projects. At its maiden discovery, Curipamba, it has a 25% stake fully carried... see more

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TSXV:SRL - Post Discussion

Salazar Resources Ltd > Salazar Resources Congratulates Silvercorp

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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)

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