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The Government of Ecuador Signs the Investment Contract for the Development of the El Domo-Curipamba Project with Adventus Mining Corporation and Salazar Resources Limited into Law

Newswire.ca - Wed Dec 28, 2022

TORONTO, Dec. 28, 2022 /CNW/ - Adventus Mining Corporation ("Adventus Mining") (TSXV: ADZN) (OTCQX: ADVZF) and Salazar Resources Limited ("Salazar") (TSXV: SRL) (OTCQB: SRLZF) (collectively the "Participants") are pleased to announce that the Government of Ecuador has signed the Investment Contract ("IC") between the Government of Ecuador and Adventus Mining Corporation, Salazar and the Participants' subsidiary Salazar Holdings Ltd. in support of the development of the El Domo copper-gold mining project ("El Domo"). The IC was originally reported on November 10, 2022 as being approved for signing by the Government of Ecuador through its investment institution, Investment Promotion and Attraction Strategic Committee (CEPAI). Since then, additional bespoke changes relevant to El Domo development and future operations were approved, including protective arbitration and dispute resolution language approved by the auditor general.

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