Salazar Resources (TSE:SRL) has released an update.
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Salazar Resources Limited has successfully completed a non-brokered private placement, issuing 7.14 million shares to raise $499,800, which will be directed towards working capital and exploration activities. The transaction included participation from certain company insiders, acquiring 1.67 million shares, and complied with regulatory requirements, including a four-month hold period.
For further insights into TSE:SRL stock, check out TipRanks’ Stock Analysis page.