Salazar Resources (TSE:SRL) has released an update.
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Salazar Resources Limited is set to raise additional funds through a non-brokered private placement of 7,140,000 shares, priced at $0.07 each, aiming to gather up to $499,800 for working capital and exploration activities. With insider participation and no finder’s fee, the placement is subject to regulatory approvals and a four-month hold period.
For further insights into TSE:SRL stock, check out TipRanks’ Stock Analysis page.