Mr. Nick DeMare reports

SALAZAR RESOURCES ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING

At the annual general meeting of shareholders of Salazar Resources Ltd., held on Sept. 12, 2025, the shareholders elected Fredy Salazar, Pablo Acosta, Nick DeMare, Merlin Marr-Johnson and Jennifer Wu as directors of the company.

The shareholders also passed all other resolutions, including an ordinary resolution ratifying the company's stock option plan, pursuant to which the company may grant stock options up to 10 per cent of its issued and outstanding common shares at the time of the grant.

Following the meeting, the directors appointed Fredy Salazar as president and chief executive officer of the company, Mr. Acosta as chief financial officer, and Freddy David Salazar as corporate secretary. The board also appointed Nick DeMare, Mr. Marr-Johnson and Ms. Wu to the audit committee

About Salazar Resources Ltd.

Salazar Resources 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 discovery 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 and farm out non-core assets. Salazar Resources 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. Salazar Resources already has carried interests in three projects. At its maiden discovery, Curipamba, Salazar Resources has a 25-per-cent stake fully carried through to production. At two copper-gold porphyry projects, Pijili and Santiago, Salazar Resources has a 20-per-cent stake and is to acquire the remainder of such projects from Silvercorp pursuant to the transaction.