News Releases | 2015
Mr. Fredy Salazar announces that at the annual general meeting of shareholders of the Company (the “Meeting”) held on December 18, 2015, the shareholders re-elected Messrs. Fredy Salazar, Pablo Acosta, Nick DeMare, Graeme Robinson, Etienne Walter and Juan Ortiz as directors of the Company.
Mr. Fredy Salazar provides this update on the Company’s financing of up to US$600,000 of Promissory Notes. To date the Company has received US$350,000 on account of this financing from arm’s length parties. The proceeds from this financing will be used to pay annual tenure costs for the Company’s mining concessions in Ecuador and for general working capital.
Mr. Fredy Salazar reports that the Company has agreed to sell up to US$600,000 of Promissory Notes. To date the Company has received US$200,000 on account of this financing from arm’s length parties and is working to close out the balance over the coming days.
Salazar Resources Ltd. (TSX.V:SRL; FSE: CCG) (the “Company”) announces that it has filed on SEDAR an amended and restated preliminary economic assessment dated January 16, 2015 (the “Amended Technical Report”) prepared by Buenaventura Ingenieros S.A. in respect of Salazar’s 100% owned El Domo project in Ecuador.