Salazar Resources (TSE:SRL) has released an update.
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Salazar Resources has successfully completed a non-brokered private placement, raising $1.53 million through the issuance of 30.6 million shares, priced at $0.05 each. The proceeds from this placement are earmarked for working capital and exploration activities. The company, known for its strategic copper-gold exploration projects in Ecuador, emphasizes its commitment to sustainable community engagement and economic development.
For further insights into TSE:SRL stock, check out TipRanks’ Stock Analysis page.