Salazar Resources Ltd. (SRLZF)

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SALAZAR announces $1.98 Million private placement financing
Vancouver, British Columbia, March 26th, 2014 – Salazar Resources Ltd. (the "Company") (TSX.V:SRL | FSE:CCG) 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. 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. Insiders will be participating in the private placement and there will be finders’ fees payable on a portion of the private placement. The net proceeds from the private placement will be used to fund the Company’s exploration properties and for general working capital purposes.
http://www.salazarresources.com/docs/2014/2014-03-26_SRL.pdf