04:46 PM EDT, 04/17/2024 (MT Newswires) -- Solaris Resources ( SLSSF ) and the Shuar communities of Warints and Yawi said oin Wednesday they signed an updated Impact and Benefits Agreement (IBA) for the Warintza Project in southeastern Ecuador to reflect the continued growth and advancement of the project.

Solaris chief executive Daniel Earle said in a statement: "The signing of this updated IBA builds on the foundation of good faith dialogue and trust that led to the formation of a Strategic Alliance partnership with our host communities and original IBA in 2020. This marks a significant milestone in the social advancement of the Warintza Project through our pioneering Participatory Mining model for sustainable resource development."

Solaris this week announced that it has received approval to list its common shares on the NYSE American Exchange with trading expected to commence on Friday under the SLSR symbol. The company will remain listed on the Toronto Stock Exchange.

Solaris is advancing a portfolio of copper and gold assets in the Americas, which includes its Warintza Project in Ecuador.

The company's shares closed down C$0.11 to C$4.56.