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VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 18, 2016) - SALAZAR RESOURCES LTD. (TSX VENTURE:SRL)(FRANKFURT:CCG) (the "Company") - Mr. Fredy Salazar is pleased to report that the Company has closed on the first tranche of the royalty sale announced on April 6, 2016. The Company has sold to RCF VI SRL LLC ("RCF") a 1% net smelter returns royalty ("NSR") in the Curipamba project and has received US$2,375,000. The sale to RCF of an additional 1% NSR (the "Additional Royalty Sale") for an additional US$2,375,000 is to close after completion of the next phase of work programs and the satisfaction of all other conditions precedent. |
