Core Points - Salazar Resources Limited has successfully closed a non-brokered private placement financing, issuing 7,140,000 shares at a price of $0.07 per share, raising a total of $499,800 [1] - The proceeds from the private placement will be utilized for working capital and exploration activities [1] - All securities issued are subject to a four-month hold period and require regulatory approvals, including acceptance from the TSX Venture Exchange [1] Insider Participation - Certain insiders of the company participated in the offering, purchasing a total of 1,671,000 shares [2] - This participation is classified as a "related party transaction" but is exempt from formal valuation and minority shareholder approval requirements due to the transaction's size relative to the company's market capitalization [2] - No directors of the company expressed any disagreements regarding the insider participation [2] Company Overview - Salazar Resources Limited is focused on exploration and development in Ecuador, with a strong understanding of the local geology [4] - The company has a pipeline of copper-gold exploration projects and aims to make further commercial discoveries while managing non-core assets [5] - Salazar Resources holds a 25% stake in the Curipamba project and a 20% stake in the Pijili and Santiago projects, all fully carried through to production or construction decisions [5]

Group 1 - Salazar Resources Limited has arranged a non-brokered private placement financing of up to 7,140,000 shares at a price of $0.07 per share, aiming to raise up to $499,800 [1] - Certain insiders will participate in the financing, and there is no finder's fee payable [1] - Proceeds from the financing will be used for working capital and exploration [1] Group 2 - Salazar Resources is focused on discovery, exploration, and development in Ecuador, with a strong understanding of the local geology [3] - The company has a wholly owned pipeline of copper-gold exploration projects in Ecuador and aims to make another commercial discovery [4] - Salazar Resources has a 25% stake in its maiden discovery, Curipamba, and a 20% stake in two copper-gold porphyry projects, Pijili and Santiago, both fully carried through to a construction decision [4]

Core Insights - Salazar Resources Limited has partnered with Silvercorp Metals Inc. following Silvercorp's acquisition of Adventus Mining, marking a significant milestone for Salazar's growth and commitment to advancing the mining industry in Ecuador [1][2] - The collaboration aims to leverage both companies' strengths to enhance exploration, development, and operational efficiencies, potentially creating substantial value for shareholders and stakeholders [1][2] Company Overview - Salazar Resources Limited focuses on value creation through discovery, exploration, and development in Ecuador, with a strong understanding of the local geology and involvement in major projects [3] - The company holds a 25% stake in the Curipamba project, which is fully carried through to production, and a 20% stake in two copper-gold porphyry projects, Pijili and Santiago, also fully carried through to a construction decision [3] - Salazar actively engages with local communities and co-founded The Salazar Foundation, which is dedicated to sustainable economic development [3] Partnership Details - The partnership with Silvercorp is expected to enhance operational capabilities and provide expanded exploration and development opportunities, aligning both companies' strategic goals [2] - The focus will be on exploring synergies across various projects, optimizing resource development, and enhancing operational efficiency while committing to sustainable practices and environmental stewardship [2]

SHANGHAI, Aug. 2, 2024 /PRNewswire/ -- Scully Royalty Ltd. (the "Company") (NYSE: SRL) is saddened to announce the passing of Indrajit Chatterjee, a valued member of the Company's board of directors. Mr. Chatterjee had been a director for the Company since 2017 and was the Chairman of the Compensation Committee and a member of the Nominating and Corporate Governance Committee.Mr. Chatterjee was a retired businessman and was an Executive Committee member of the Indian National Trust for Art and Cultural Heri ...

Vancouver, British Columbia--(Newsfile Corp. - July 30, 2024) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQB: SRLZF) (FSE: CCG) ("Salazar" or the "Company") is pleased to welcome back Ms. Jennifer Wu as a director of the Company. Ms. Wu has rejoined the Company to replace Ms. Mary Gilzean who has resigned from the Board. Ms. Wu has 25 years of experience in the financial industry. Most recently she was an executive at Citigroup, where she focused on Enterprise Risk Management and achieved major milestones ...

Vancouver, British Columbia--(Newsfile Corp. - May 16, 2024) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQB: SRLZF) (FSE: CCG) ("Salazar" or the "Company") announces the granting of stock options to directors and officers of the Company for the purchase of up to 4,950,000 common shares, at a price of $0.105 per share, for a period of five years. About SalazarSalazar Resources Limited is focused on creating value and positive change through discovery, exploration, and development in Ecuador. The team has an ...

U.S. SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April, 2024 Commission File No.: 001-04192 (Translation of Registrant's name into English) Room 2103 Shanghai Mart Tower, 2299 Yan An Road West, Changning District, Shanghai China 200336 (Address of of ice) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or ...

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U.S. SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April, 2023 Commission File No.: 001-04192 (Translation of Registrant's name into English) Room 2103 Shanghai Mart Tower, 2299 Yan An Road West, Changning District, Shanghai China 200336 (Address of of ice) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or ...