Solaris Receives Final US$50 Million Tranche Under Royal Gold Funding Package

Solaris Resources Inc. (SLS) has received the third and final US$50 million tranche of its US$200 million non-dilutive funding package from Royal Gold (RGLD Gold AG), completing the total facility. The receipt of funds brings the Company’s cash and cash equivalents to US$54 million as of June 30, 2026, significantly strengthening its balance sheet. The capital provides financial flexibility to advance social, permitting, technical, and operational workstreams for the Warintza project toward a fully permitted status.

The US$200 million funding package consists of a gold stream and net smelter return (NSR) royalty. It was entered into in May 2025 and is non-dilutive, meaning no equity issuance was required. The transaction structure included a first tranche of US$100 million paid at closing, a second tranche of US$50 million paid following publication of the Pre-Feasibility Study and receipt of the Environmental Impact Assessment technical approval, and the third and final tranche of US$50 million paid upon completion of required security filings, which was received in this release.

The strengthened balance sheet supports parallel advancement of social, permitting, technical, and operational workstreams for the Warintza copper porphyry project in southeast Ecuador. Matthew Rowlinson, President and Chief Executive Officer, highlighted that the package provided substantial capital without equity issuance, preserving strategic flexibility while materially strengthening liquidity.

“Receipt of the final tranche completes the US$200 million Royal Gold funding package and materially strengthens our liquidity as we advance Warintza’s social, permitting and technical workstreams. The package has provided substantial capital without an equity issuance while preserving strategic flexibility. We thank Royal Gold for their partnership and continued support as we responsibly advance Warintza,” said Rowlinson.