Salazar Resources Announces Initial Closing of Private Placement
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Salazar Resources Limited has announced the initial closing of its non-brokered private placement, raising $1,066,940 by issuing 15,242,000 common shares at $0.07 each.
January 09, 2025 | 10:30 pm
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POSITIVE IMPACT
Salazar Resources Limited has successfully raised over $1 million through a private placement, issuing 15.2 million shares at $0.07 each.
The successful raising of over $1 million through a private placement indicates investor confidence and provides the company with additional capital for operations or expansion. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100