Solaris Resources announces a CA$35M common share bought deal offering for Warintza Project expansion in Ecuador.

Solaris Resources, a mineral exploration company, announces a CA$35M common share bought deal offering with National Bank, RBC Capital, and BMO Capital Markets as bookrunners. The funds will be used for Warintza Project expansion in Ecuador, regional exploration, working capital, and general corporate purposes. The offering is expected to close on June 10th, subject to approvals. Solaris retains an option to sell additional shares, potentially raising gross proceeds to CA$40.29M.

May 22, 2024
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