Solaris Resources Inc. has announced a US$200 million financing agreement with RGLD Gold AG, a subsidiary of Royal Gold, Inc., to advance its Warintza Project in Ecuador. The financing package, which includes a gold stream and net smelter return royalty, will provide the necessary funding to repay the company's Senior Debt facility and support ongoing derisking activities through to a final investment decision. The agreement follows a competitive process and aims to reinforce Warintza's status as a multi-generational tier 1 copper project. The funding is part of Solaris's broader efforts to unlock value across its extensive land package, with ongoing exploration activities targeting high-priority regional targets. Approval of the project's Environmental Impact Assessment is expected by mid-2025, with exploitation permits anticipated by mid-2026.
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