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Off-market insider buying at Salazar Resources (V:SRL)

Updated Monday Nov 28, 2022 03:11 AM EDT

Fredy Enrique Salazar, CEO and Director, acquired 2,912,623 Common Shares on a direct ownership basis at a price of $0.100 through a prospectus or prospectus exempt offering on November 22nd, 2022. This represents a $291,262 investment into the company's shares and an account share holdings change of 13.5%.

Nick DeMare, a Senior Officer and Director, acquired 200,000 Common Shares on an indirect ownership basis for registered holder 888 Capital Corp at a price of $0.100 through a prospectus or prospectus exempt offering on November 22nd, 2022. The insider also acquired 300,000 Common Shares on an indirect ownership basis for registered holder Nick's TFSA at a price of $0.100 through a prospectus or prospectus exempt offering on November 22nd, 2022. This represents a $50,000 investment into the company's shares and an account share holdings change of 9.9%.

Salazar Resources is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

Salazar Resources Limited is a Canada-based junior mineral exploration company. The Company is engaged in the acquisition and exploration of mineral properties located in Latin America. The Company's mineral properties are situated in Ecuador. Its projects include Curipamba Project, Pijili Project and Santiago Project. Its other projects include Macara Mina Project, Ruminahui Project, Los Osos Concession and El Potro. The Curipamba Project consists of seven concessions located in the provinces of Bolivar and Los Rios, Ecuador. Its Pijili Project is situated in the province of Azuay, Ecuador. The Company owns 100% interest in the Santiago Property situated in the province of Loja, Ecuador. It owns a 100% interest in one concession in Macara Property, which is situated in the province of Loja, Ecuador. It covers approximately 288 hectares (ha) in the south of Ecuador. The Ruminahui Project covers around 2,910 hectares and is located around 100 kilometers (km) northwest of Quito.

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