Solaris Resources Inc. announces the voluntary termination of the previously announced minority equity investment intended to support the growth of the Warintza Project in Ecuador, including the potential major purchase of an adjacent asset. After four months of Canadian regulatory review in an evolving environment, approval has not been obtained and the transaction no longer adequately reflects market value. The Company [...]
Solaris Resources Inc. is pleased to provide an operations update, including site optimization efforts that have resulted in significantly improved productivity and cost savings under new Chief Operating Officer , Mr. Javier Toro, as well as the appointment of leading independent consultants in support of the Environmental Impact Assessment in H2/24 and Pre-Feasibility Study in H2/25 for the Warintza Project in [...]
Solaris Resources Inc. is pleased to announce that the Ecuadorian state-owned mining company, Empresa Nacional Minera , has awarded the Company an option to acquire up to a 100% interest in 10 new explorations concessions. These concessions comprise a land package of ~40,000 hectares adjacent to the Warintza Project and San Carlos-Panantza porphyry copper-molybdenum deposits within the prolific Zamora belt that hosts [...]
Solaris Resources Inc. is pleased to report the first drill results from its 2024 drilling program and an exploration update at its Warintza Project in southeastern Ecuador. Highlights are listed below, with a corresponding image in Figures 1-2 and results in Tables 1-2. Highlights Drilling activities ramped up through the first quarter rainy season with six rigs now in operation at Warintza Central, East and Southeast [...]
Solaris Resources Inc. and the Shuar communities of Warints and Yawi are pleased to announce the signing of an updated Impact and Benefits Agreement for the Warintza Project in southeastern Ecuador to reflect the continued growth and advancement of the Project. The updated IBA reaffirms certainty of community support for the responsible development of the Project. Figure 1 - Photos First photo : Mr. Vicente Tsakimp, Lead [...]
Solaris Resources Inc. is pleased to announce that it has received approval to list its common shares on the NYSE American LLC with trading expected to commence on Friday, April 19, 2024 under the symbol "SLSR". The Company will remain listed on the Toronto Stock Exchange under the symbol "SLS". Concurrent with the start of trading on the NYSE American, the Company's common shares will cease trading on the OTCQB Venture [...]
Solaris Resources Inc. is issuing the following news release as a result of a continuous disclosure review by the British Columbia Securities Commission. The Company has disclosed in its technical report with an effective date of April 1, 2022, certain Company press releases, and in its corporate presentation both a mineral resource estimate for the greater Warintza project and a mineral resource estimate for an [...]
Solaris Resources Inc. is pleased to announce a trilateral cooperation agreement with the Interprovincial Federation of Shuar Centers and the Alliance for Entrepreneurship and Innovation of Ecuador, with the signing ceremony to take place over PDAC. The agreement aims to promote the economic and social development of Shuar communities represented by FICSH, including the communities of Warints and Yawi which host the [...]
Solaris Resources Inc. is pleased to announce a corporate update including the commencement of the 2024 drilling program at its Warintza Project in southeastern Ecuador. Warintza 2024 Drilling Program Underway The 2024 drilling program has commenced with the first rig turning at Warintza East and a total of six rigs planned to be in operation by the end of February. An updated mineral resource estimate is expected in late [...]
Solaris Resources Inc. is pleased to announce that it has entered into a subscription agreement in respect of an approximately $130 million private placement of common shares of Solaris by an affiliate of Zijin Mining Group Co. Ltd.. at a subscription price of $4.55 per Common Share . Highlights Zijin will invest approximately $130 million by way of a Private Placement of Common Shares. The Company will issue to an [...]
Solaris Resources Inc. is pleased to announce a preview of its 2024 plans for the Company and its Warintza Project in southeastern Ecuador. Key Milestones: NYSE American Listing - The Company intends to list on the NYSE American stock exchange to satisfy the appetite of many U.S. retail and institutional investors seeking to add exposure to Solaris. In advance of listing on the NYSE American, Solaris will file a Form 40-F [...]
Solaris Resources Inc. is pleased to announce that Solaris and OMF Fund IV SPV D LLC and OMF Fund IV SPV E LLC, entities managed by Orion Mine Finance Management LP , have entered into definitive agreements with respect to the previously announced financing package of US$80 million for the advancement of the Warintza Project in Ecuador, comprised of a US$60 million senior secured debt facility , an offtake with a buyback [...]
