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Solaris Announces New U.S. Listing on OTCQB Venture Market Under Symbol "SLSSF"

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Solaris Resources Inc. has announced that its common shares are now listed for trading on the OTCQB Venture Market starting September 17, 2020, under the ticker symbol SLSSF. This listing enhances the company's transparency and trading experience for investors. Solaris holds various copper and gold assets in the Americas, including projects in Ecuador, Chile, and Peru, and has a significant farm-out agreement with Freeport-McMoRan valued at US$130 million over five years.

Positive
  • Approval for trading on OTCQB Venture Market enhances visibility and investor access.
  • Diverse portfolio of copper and gold assets across the Americas.
  • US$130 million farm-out agreement with Freeport-McMoRan provides financial leverage.
Negative
  • None.

VANCOUVER, BC, Sept. 17, 2020 /PRNewswire/ - Solaris Resources Inc. (TSXV: SLS) (OTCQB: SLSSF) ("Solaris" or the "Company") is pleased to announce that its common shares have been approved for trading on the OTCQB Venture Market effective today. The Company's U.S. listing will trade under the symbol "SLSSF" while the Company's primary Canadian listing will continue to trade on the TSX Venture Exchange under the symbol "SLS".

To be eligible for the OTCQB Venture Market, companies must be current in their financial reporting, pass a minimum bid price test and undergo an annual company verification and management certification process. The OTCQB Venture Market quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors.

On behalf of the Board of Solaris Resources Inc.

"Daniel Earle"
President & CEO, Director

About Solaris Resources Inc.

Solaris is advancing a portfolio of copper and gold assets in the Americas, which includes: a high-grade resource with expansion and additional discovery potential at the Warintza copper and gold project in Ecuador; discovery potential on the grass-roots Tamarugo project in Chile and Capricho and Paco Orco projects in Peru; exposure to US$130M spending / 5-yrs through a farm-out agreement with Freeport-McMoRan on the Ricardo Project in Chile; and significant leverage to increasing copper prices through the 60%-interest in the development-stage La Verde joint-venture project with Teck Resources in Mexico.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Notes and Forward-looking Statements

This document contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of the words "intention", "will", "may", "can", and similar expressions are intended to identify forward-looking statements. Although Solaris believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since Solaris can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including the risks, uncertainties and other factors identified in Solaris' Management's Discussion and Analysis for the year ended December 31, 2019 available at www.sedar.com. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and Solaris does not undertake any obligations to publicly update and/or revise any of the included forward-looking statements, whether as a result of additional information, future events and/or otherwise, except as may be required by applicable securities laws.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/solaris-announces-new-us-listing-on-otcqb-venture-market-under-symbol-slssf-301133114.html

SOURCE Solaris Resources Inc.

FAQ

What is the significance of Solaris Resources' new listing on OTCQB under SLSSF?

The listing on OTCQB enhances trading transparency and accessibility for investors, indicating a step toward increased market presence.

When did Solaris Resources' shares start trading on the OTCQB?

Solaris Resources' shares began trading on the OTCQB Venture Market on September 17, 2020.

What projects does Solaris Resources have in its portfolio?

Solaris Resources has several projects, including the Warintza project in Ecuador, Tamarugo in Chile, and Capricho and Paco Orco in Peru.

What is the value of Solaris' farm-out agreement with Freeport-McMoRan?

The farm-out agreement with Freeport-McMoRan is valued at US$130 million over five years.

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