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SRL.V ·

Salazar Announces Upgrade to OTCQB® Venture Market

Listings & Exchange

December 3, 2020

Salazar Announces Upgrade to OTCQB® Venture Market

VANCOUVER, BRITISH COLUMBIA, December 3, 2020 -- SALAZAR RESOURCES LIMITED (TSXV: SRL)

(Frankfurt: CCG.F) (“Salazar” or the "Company") is pleased to announce that its shares, previously quoted

on the OTC Pink Open Market, will start trading today on the OTCQB® Venture Market in the United States,

under the ticker symbol SRLZF. Salazar's Common Shares will continue to trade on the TSX Venture

Exchange under the symbol SRL.

Fredy Salazar, CEO and President of Salazar Resources said: "We anticipate that the move from the Pink

Sheets to the OTCQB Venture Market will help facilitate U.S. interest in our company. We look forward to

expanding our reach into the U.S. capital markets and welcoming new shareholders to Salazar Resources.”

About Salazar

Salazar Resources (SRL.V) (CCG.F) is focused on creating value and positive change through discovery,

exploration and development in Ecuador. The team has an unrivalled understanding of the geology in -

country, and has played an integral role in the discove ry of many of the major projects in Ecuador,

including the two newest operating gold and copper mines.

Salazar Resources has a wholly-owned pipeline of copper-gold exploration projects across Ecuador with a

strategy to make another commercial discovery an d farm -out non -core assets. The Company actively

engages with Ecuadorian communities and together with the Salazar family it co -founded The Salazar

Foundation, an independent non-profit organization dedicated to sustainable progress through economic

development.

The Company already has carried interests in three projects. At its maiden discovery, Curipamba, Salazar

Resources has a 25% stake fully carried through to production. A feasibility study is underway and a 2019

PEA generated a base case NPV( 8%) of US$288 million. At two copper -gold porphyry projects, Pijili and

Santiago, the Company has a 20% stake fully carried through to a construction decision.

For further information from Salazar, please contact [email protected].