The investment is subject to customary conditions including regulatory approval under the Investment Canada Act.
Under the deal, Zijin will be allowed to nominate a member to the Solaris board as long as it owns, controls or directs at least a five per cent stake in the company.
The agreement also entitles Zijin to buy additional shares in certain circumstances to maintain its proportionate stake in Solaris.
In addition to Warintza, Solaris has projects in
This report by The Canadian Press was first published
Companies in this story: (TSX:SLS)
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