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SLS.TO ·

Solaris Appoints CICC as Chinese Financial Advisor

Management Changes

Suite 555 - 999 Canada Pl., Vancouver, BC Canada V6C 3E1

Solaris Appoints CICC as Chinese Financial Advisor

October 03, 2023 – Vancouver, B.C. – Solaris Resources Inc . (TSX: SLS; OTCQB: SLSSF) (“Solaris” or the

“Company”) announces the appointment of China International Capital Corporation Limited (“CICC”) as

the Company’s Chinese financial advisor.

CICC is a Beijing-based global investment bank with over 200 branches in China and offices in Hong Kong

SAR, and internationally. The firm is highly ranked in Chinese M&A league tables, including in respect of

outbound investments and cross-border transactions in the mining sector.

In recent months, the Company has received a number of proposals from parties interested in acquiring

all or part of Solaris’ Warintza Project (“Warintza” or the “Project”) in Ecuador. CICC will assist in fielding

and evaluating the merit of these enquiries and other strategic matters.

Mr. Richard Warke, Executive Chairman, commented: “Warintza is a very special asset that has the

potential to create tremendous long-term value for all stakeholders by unlocking one of the last major

greenfield districts at low elevation and adjacent to infrastructure in the global copper industry. The

Company has a rich opportunity to significantly grow the Project while advancing it through technical

studies and permitting with financing consistent with my commitment to minimize shareholder dilution.”

On behalf of the Board of Solaris Resources Inc.

“Daniel Earle”

President & CEO, Director

For Further Information

Jacqueline Wagenaar, VP Investor Relations

Direct: 416-366-5678 Ext. 203

Email: [email protected]

About Solaris Resources Inc.

Solaris is a multi-asset exploration company, advancing a portfolio of copper and gold assets in the

Americas, which includes: its primary focus, a world class large-scale resource with expansion and

discovery potential at the Warintza Project in Ecuador; discovery potential at its Ricardo Project and

Tamarugo Project in Chile; discovery potential at its Capricho and Paco Orco projects in Peru; and

significant leverage to increasing copper prices through its 60% interest in the La Verde joint-venture

project with a subsidiary of Teck Resources in Mexico.

Cautionary Notes and Forward-looking Statements

This document contains certain forward-looking information and forward-looking statements within the meaning of

applicable securities legislation (collectively “forward-looking statements”). The use of the words “will” and

“expected” and similar expressions are intended to identify forward-looking statements. These statements include

statements that in recent month, the Company has received a number of proposals from parties interested in

Suite 555 - 999 Canada Pl., Vancouver, BC Canada V6C 3E1

acquiring all or part of Solaris’ Warintza Project in Ecuador, CICC will assist in fielding and evaluating the merit of

these enquiries and other strategic matters, the Company has a rich opportunity to significantly grow the Project

while advancing it through technical studies and permitting with financing consistent with my commitment to

minimize shareholder dilution. Although Solaris believes that the expectations reflected in such forward-looking

statements and/or information are reasonable, readers are cautioned that actual results may vary from the forward-

looking statements. These statements are based on a variety of assumptions including assumptions made about the

Company’s ability to advance exploration efforts at the Warintza Project; the results of such exploration efforts; and

the Company’s ability to achieve its growth objectives. These statements also involve known and unknown risks,

uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in

such forward-looking statements, including the risks, uncertainties and other factors identified in the Solaris

Management’s Discussion and Analysis, for the year ended December 31, 2022 available at www.sedar.com.

Furthermore, the forward-looking statements contained in this news release are made as at the date of this news

release and Solaris does not undertake any obligation to publicly update or revise any of these forward-looking

statements except as may be required by applicable securities laws.