News Releases | 2014

Salazar Provides Corporate Update

Further to the Company’s press release dated October 27, 2014, the Company announces that the letter- of-intentwith Guangshou Group Co. Ltd., is not proceeding at this time, though Guangshou has advised they remain committed to finalizing a definitive agreement there is no timeline on when Mr. Huang, the CEO of Guangshou, will be able to follow up on this matter.

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Salazar Provides Update On Curipamba Agreement

Salazar provides an update on the letter-of-intent (“LOI”) with Guangshou Group Co. Ltd. (“Guangshou”), a privately-held Chinese international mining conglomerate, for a joint venture to develop the Curipamba Project.

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Salazar Announces Results Of Annual General And Special Meeting Of Shareholders

Salazar announces that at its annual general and special meeting (“AGSM”) held September 25, 2014, the shareholders elected Messrs. Fredy Salazar, Pablo Acosta, Nick DeMare, Graeme Robinson, Etienne Walter and Juan Ortiz as directors of the Company.

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Salazar And Guangshou Group Announce Letter-Of-Intent To Advance The Curipamba Project In Ecuador

Salazar announces that at its annual general and special meeting (“AGSM”) held September 25, 2014, the shareholders elected Messrs. Fredy Salazar, Pablo Acosta, Nick DeMare, Graeme Robinson, Etienne Walter and Juan Ortiz as directors of the Company.

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Salazar Retains Questrade Inc.

Salazar announces that it has retained Questrade Inc. ("Questrade") to provide market-making services in accordance with TSX Venture Exchange guidelines. The term of the agreement is 12 months, beginning August 20, 2014, at a cost of $4,500 per month.

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Salazar Provides Update on $1.98 Million Private Placement

Salazar announces that it has made a final submission to the TSX Venture Exchange for a first tranche closing of its private placement (the “Private Placement”) announced on March 26, 2014.

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Salazar Provides Update on El Domo Development

Salazar announces that it has made a final submission to the TSX Venture Exchange for a first tranche closing of its private placement (the “Private Placement”) announced on March 26, 2014.

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Salazar Announces $1.98 Million Private Placement Financing

Salazar announces a non-brokered private placement financing of up to 9 million units at $0.22 per unit for gross proceeds of $1,980,000. Each unit will consist of one common share of the Company and one-half of one transferable common share purchase warrant.

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Salazar Announces Preliminary Economic Assessment El Domo Project

Salazar is pleased to report the results of the Preliminary Economic Assessment (“PEA”) at its 100% owned El Domo project in Ecuador. The PEA was prepared by Buenaventura Ingenieros S.A. (“BISA”) in Lima, Peru.

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Salazar Reports Positive Metallurgical Testwork at El Domo

Salazar is pleased to report positive results from the ongoing metallurgical testwork program for the 100% owned El Domo volcanogenic massive sulphides deposit. The metallurgical testwork is part of the upcoming Preliminary Economic Assessment report.

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Salazar Increases Indicated and Inferred Resources at El Domo Deposit

Salazar is pleased to report an updated National Instrument 43-101 Standards of Disclosure for Mineral Projects compliant mineral resource estimate for the volcanogenic massive sulphide El Domo deposit on its 100% owned (30,327 ha) Curipamba project in Ecuador.

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