Salazar Resources Limited announced a non-brokered private placement of 30,000,000 shares at a price of CAD 0.05 per unit for the gross proceeds of CAD 1,500,000 on March 28, 2024. The transaction may include participation from an insider for CAD 325,000. All securities to be issued in the private placement are subject to a four-month hold period and to all necessary regulatory approvals, including the final acceptance of the TSX Venture Exchange.

Finders' fees may be payable on a portion of the private placement,