Salazar Resources Ltd. (SRLZF)

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Salazar Provides Update on $1.98 Million Private Placement
Vancouver, British Columbia, May 6, 2014 - Salazar Resources Ltd. (TSX.V:SRL; FSE:CCG) (the "Company") 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. The Company will proceed with the closing of this portion of the Private Placement by issuing a total of 5,102,443 units of the Company ("Units"), at a price of $0.22 per Unit, for gross proceeds of $1,122,537.46. Each Unit consists of one common share of the Company and one-half of one transferable common share purchase warrant. Each whole warrant will be exercisable to acquire one additional common share of the Company at $0.35 for a period of eighteen months from the date of closing of the Private Placement.