Solaris Resources Inc - SLSSF STOCK NEWS

Welcome to our dedicated news page for Solaris Resources (Ticker: SLSSF), a resource for investors and traders seeking the latest updates and insights on Solaris Resources.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Solaris Resources's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Solaris Resources's position in the market.

04/23/2024 07:00 AM

News

Solaris Reports First Drilling Results from 2024 Program and Exploration Update, Including 150m of 0.67% CuEq within 384m of 0.51% CuEq and 284m of 0.53% CuEq from Near Surface

Rhea-AI Summary

Solaris Resources Inc. reports positive drilling results from its 2024 program at the Warintza Project in Ecuador, including significant copper equivalent grades. The company is well-funded for its drilling program and plans to expand activities in the surrounding district. Field crews are actively exploring the Caya epithermal gold target, with promising results expected in June.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

3.44%

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04/17/2024 04:30 PM

News

Solaris Signs Updated Impact and Benefits Agreement for Warintza Project

Rhea-AI Summary

Solaris Resources Inc. and the Shuar communities of Warints and Yawi have signed an updated Impact and Benefits Agreement for the Warintza Project in Ecuador. The agreement reflects continued growth and community support for the responsible development of the project, emphasizing positive impacts on local populations.

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End-of-Day

-0.9%

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04/16/2024 07:00 AM

News

Solaris Resources to Commence Trading on NYSE American Under SLSR

Rhea-AI Summary

Solaris Resources Inc. is set to commence trading on the NYSE American under the symbol 'SLSR', with no action required from shareholders. The company's common shares will cease trading on the OTCQB Venture Market.

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Rhea-AI Sentiment

End-of-Day

-4.42%

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03/13/2024 07:00 PM

News

Solaris Provides Disclosure Clarifications

Rhea-AI Summary

Solaris Resources Inc. announces the retraction of a mineral resource estimate for an indicative starter pit at the Warintza project, confirming the unchanged mineral resource estimate for the greater Warintza project. The Company discloses Indicated mineral resources of 579Mt at 0.59% CuEq and Inferred mineral resources of 887Mt at 0.47% CuEq above a 0.3% CuEq cut-off grade. The Company will file an amended technical report to reflect these changes.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-3.85%

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03/01/2024 07:00 AM

News

Solaris Announces Cooperation Agreement with Interprovincial Federation of Shuar Centers and the Alliance for Entrepreneurship and Innovation of Ecuador

Rhea-AI Summary

Solaris Resources Inc. announces a trilateral cooperation agreement with FICSH and AEI of Ecuador to promote economic and social development in Shuar communities. The agreement includes programs in health, education, skills training, entrepreneurship, innovation, and sustainable mineral resource development.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

6.18%

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01/22/2024 07:00 AM

News

Solaris Commences 2024 Drilling Program at Warintza Project

Rhea-AI Summary

Solaris Resources Inc. announces the commencement of the 2024 drilling program at its Warintza Project in Ecuador, with an updated mineral resource estimate expected to nearly double the prior estimate. The company has also closed a $40 million funding, including equity financing and senior secured debt facility drawdown, to fund its 2024 and 2025 programs. The regional exploration program is also underway to define drill targets at prospective areas, with a focus on copper-molybdenum enrichment. The technical information and quality control & quality assurance processes are in place to ensure the accuracy and reliability of the data referred to in the press release.

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Rhea-AI Sentiment

End-of-Day

0.68%

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01/11/2024 06:30 AM

News

Solaris Announces $130 Million Strategic Investment by Zijin Mining Group

Rhea-AI Summary

Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) has entered into a subscription agreement for a $130 million private placement of common shares by Zijin Mining Group Co., Ltd. at a subscription price of $4.55 per Common Share. Zijin will own approximately 15% of the Common Shares on a fully diluted basis. The proceeds will be used for the advancement and development of the Company’s flagship Warintza Project in southeastern Ecuador and for working capital and general corporate purposes.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

4.52%

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01/08/2024 07:00 AM

News

Solaris Provides 2024 Preview Including Planned NYSE American Listing and Updated Warintza Mineral Resource Estimate in Q2/24

Rhea-AI Summary

Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) announced its 2024 plans, including listing on the NYSE American, mineral resource updates, extension and infill drilling, exploration plans, and studies for the Warintza Project in Ecuador.

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Rhea-AI Sentiment

End-of-Day

1.67%

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12/11/2023 07:00 AM

News

Solaris Announces US$80 Million Financing Package to Fund Warintza Project Through Studies and Permitting

Rhea-AI Summary

Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) has secured an $80 million financing package for the Warintza Project in Ecuador. The package includes a $60 million senior secured debt facility, an offtake agreement, and $20 million in equity financing. The funds will be used for exploration, drilling, technical studies, permitting, and general working capital.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-10.05%

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11/06/2023 07:00 AM

News

Solaris Appoints COO to Lead Warintza Project; US$80 Million Financing Package Well Advanced to Fund Studies and Permitting

Rhea-AI Summary

Solaris Resources Inc. appoints Javier Toro as Chief Operating Officer to lead the Warintza Project in Ecuador. The company is in advanced discussions for an $80 million offtake financing package to fund the project.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-4.47%

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