Brief: Salazar announces terms for financing and royalty sale with proceeds to advance Curipamba project
06/04/2016 12:30
April 6 (Reuters) - Salazar Resources Ltd SRL.V
* Salazar announces terms for financing and royalty sale
with proceeds to advance Curipamba project
* Says to sell units to arm's length financiers to raise
$1.1 million
* Salazar Resources Ltd says announce a recapitalization
plan for company that will include a private placement, royalty
sale and debt conversion
* Says will sell a 2 pct net smelter returns royalty ("nsr")
interest in its Curipamba project for $4.8 million
Source text for Eikon: ID:nMKWSQtdja
Further company coverage: SRL.V
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