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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (83606)	5/28/2020 7:08:42 PM
From: Goose94	Read Replies (1) \| Respond to of 202716

Solaris Resources Completes Cdn$20 Million PP May 28, '20 - NR Solaris Resources has completed a non-brokered private placement financing raising gross proceeds of Cdn$20 million (the “Private Placement”). Pursuant to the Private Placement, Solaris issued 25,000,000 units of the Company at a price of C$0.80 per unit, with each unit consisting of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at a price of C$1.20 for a period of three years. The proceeds from the Private Placement will be used to advance exploration efforts at the Company’s properties, including a comprehensive geophysical survey and expanded drilling program at Warintza, and for general and working capital purposes. The Private Placement was fully subscribed by senior management, including Richard Warke, Executive Chairman, and Daniel Earle, President and CEO, and by Equinox Gold, a strategic partner to the Company. Mr. Earle commented, “We greatly appreciate the steadfast support of our largest shareholders amidst the market turmoil brought on by the COVID-19 pandemic. With approximately C$25 million of cash on hand, the company is well financed to responsibly resume exploration at Warintza, and to accelerate our drilling program, with strict protocols in place to protect the health and safety of our workers and partner communities.” On behalf of the Board of Solaris Resources Inc. “Daniel Earle” President & CEO, Director For Further Information Jacqueline Wagenaar, VP Investor Relations Direct: 416-366-5678 Ext. 203 Email: jwagenaar@solarisresources.com