Welcome to our dedicated page for SOLARIS RES news (Ticker: SLSSF), a resource for investors and traders seeking the latest updates and insights on SOLARIS RES stock.
SOLARIS RES INC (SLSSF) is a mineral exploration company focused on discovering epithermal gold deposits through advanced drilling programs and geological analysis. This page serves as the definitive source for official corporate announcements and operational updates.
Investors and industry observers will find timely updates on key activities including phased drilling results, concession agreement developments, and technical insights from exploration targets like the Caya Gold Project. All content is sourced directly from company disclosures to ensure accuracy.
The news collection covers essential categories such as resource estimation updates, partnership announcements, exploration methodology advancements, and corporate governance changes. Regular updates provide stakeholders with critical information for tracking operational progress.
Bookmark this page for streamlined access to SOLARIS RES INC's latest developments. Combine periodic checks with review of technical reports for comprehensive understanding of the company's exploration pipeline.
Solaris Resources has successfully closed its bought deal equity offering, securing a total of $54 million. The offering, which included the full exercise of the over-allotment option, consisted of 8,222,500 common shares at $4.90 per share, raising $40,290,250. Additionally, a private placement of 2,795,102 common shares at the same price raised $13,696,000. The funds will support an expanded exploration and drilling program at the Warintza Project in Ecuador and other regional exploration activities. The financing was led by National Bank Financial Markets, RBC Capital Markets, and BMO Capital Markets.
Solaris Resources announces the termination of a minority equity investment aimed at expanding the Warintza Project in Ecuador, including the purchase of an adjacent asset. Regulatory approval was not obtained within the expected timeframe, and the deal no longer reflects market value, given a 35% share price increase since the announcement.
The company has secured funding for 2024 and 2025 Warintza programs, with an additional US$40 million available through an offtake financing package. Solaris will focus on maximizing shareholder value and strategic flexibility. The Warintza Project timeline includes an Environmental Impact Assessment in H2/24 and a Pre-Feasibility Study in H2/25.
Solaris Resources Inc. provides an update on the Warintza Project in Ecuador, with improved productivity and cost savings under a new COO. The company appoints consultants for the EIA and PFS studies, with drilling progressing well and funding secured for future programs. The PR highlights increased efficiency, key milestones, and partnerships to support the project's development.
Solaris Resources Inc. announces the award of an option to acquire new concessions hosting porphyry copper and epithermal gold potential adjacent to the Warintza Project in Ecuador. The Company has the opportunity to acquire up to a 100% interest in 10 new exploration concessions totaling approximately 40,000 hectares. The concessions are strategically located near major copper and gold mines in Ecuador and show promising signs of mineralization based on various data analyses. Solaris is set to begin fieldwork in May, with a focus on porphyry copper and epithermal gold targets. The award is a result of a competitive bidding process with terms including an upfront payment to the Ecuadorian state-owned mining company, ENAMI EP, and a proposed exploration program.
