Further to the announcement lodged with the TSX-V and ASX on 8 June 2023, Solis Minerals Ltd. is pleased to advise that the Company has closed Tranche 1 of the Placement, issuing a total of 5,545,455 shares at A$0.55 per share to raise gross proceeds of A$3,050,000. Assisting brokers received in aggregate fees of 6% of the funds raised under the [...]
Warrant Expiry-Delist BULLETIN DATE: June 8, 2023 TSX Venture Tier 1 Company Effective at the opening, June 15, 2023 , the Share Purchase Warrants of the Company will trade for cash. The Warrants expire June 19, 2023 and will therefore be halted at Noon E.T. and delisted at the close of business June 19, 2023 . TRADE DATES June 15, 2023 - TO SETTLE [...]
VANCOUVER, BC, June 8, 2023 /CNW/ - Trading resumes in: Company: Solis Minerals Ltd. TSX-Venture Symbol: SLMN All Issues: Yes Resumption : 1:45 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national [...]
HIGHLIGHTS The issue price of A$0.55 represents a modest discount of 6.78% to the last ASX traded price of A$0.59 and 57% premium to a 10 day VWAP of A$0.35. Solis now fully funded to commence exploration drilling at Jaguar and Borborema Lithium projects. Major Shareholder Latin Resources endorses strategy by increasing investment to 17.79%. Strong [...]
Highlights Solis signs binding agreement effective May 29, 2023 to acquire the "Jaguar" project in Bahia state, north-east Brazil Jaguar pegmatite has confirmed Spodumene grades in oxidised pegmatite up to 4.95% Li2O from rock chip samples Extensive pegmatite body mapped over 1km of strike, with widths in excess of 50m with coarse visible Spodumene [...]
Highlights Solis has 42 mining concessions and applications totalling 32,400 Ha in prospective areas of Southern Peru, 17 concessions fully granted with a further 25 currently being processed. New target areas now identified on both Ilo Norte and Ilo Este through processing and interpretation of new remote sensing Worldview-3 data in conjunction [...]
Highlights Ms Chafika Eddine awarded Trailblazer of the Year by Women In Mining Canada as part of Mining for Diversity Awards at PDAC. Chafika will be honoured at 4:30 PM in Room 701 on Tuesday 7 March, 2023, Metro Toronto Conference Centre. Solis Minerals Ltd. is delighted to announce that Solis' Board member Chafika Eddine will be receiving the [...]
Solis Minerals Ltd. is delighted with the appointment of experienced mining executive Matthew Boyes as Executive Director. As former Managing Director of Red Dirt Metals, Matthew led the growth of the company through the acquisition and aggressive development of the Mt Ida lithium project. During this period Matthew oversaw the transition from [...]
Solis Minerals has acquired 22 exploration licences covering a total area of 248 km2 in northeastern Brazil. The regional structural geological setting is similar to Latin Resources' Colina deposit with large granitic intrusives located proximal to meta sedimentary-volcanic sequences. Borborema project areas are greenfield sites and have seen [...]
Further to the annual general meeting of the shareholders held on November 21, 2022 , Solis Minerals Ltd. reports results from all matters submitted to shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, both dated October 17, 2022. All of the management nominees for election as director were elected [...]
Seven tenements granted in the highly prospective southern Peruvian Copper belt, southeast of world class Toquepala Au/Ag/Cu/Mo Porphyry Mine. Solis' new Cinto Project straddles the regional scale Incapuquio Fault system, and is interpreted to be similar rocks that host Toquepala, 15km to the northwest. Worldview-3 remote sensing data and [...]
Solis Minerals Ltd. announces that it has elected to withdraw from its option agreement on the Mostazal Project in Chile. Accordingly, Solis will have no future claim on the Mostazal Project, or any contiguous exploration ground acquired through staking, and will be released from any further obligations to the vendor. Pursuant to the Option [...]