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Robalino Advises Solaris Resources on Landmark Expansion Agreement with ENAMI EP
By Robalino
Robalino is pleased to announce its successful legal advisory role for Solaris Resources Inc. in a landmark agreement with Ecuador’s state-owned mining company, ENAMI EP. This transaction grants Solaris an exclusive option to acquire up to a 100% interest in approximately 40,000 hectares of highly prospective exploration areas, now designated as "Solaris 2".
The expansion strategically consolidates Solaris' footprint around its world-class Warintza Project in southeastern Ecuador. The "Solaris 2" areas capture extensions of key geological trends, reinforcing the vision of developing a premier global copper mining hub.
The legal team at Robalino, led by Partner Andrés Donoso and Senior Associate Cristina Coello, played a pivotal role in navigating the complex regulatory framework and commercial negotiations required for this second major agreement between Solaris and the Ecuadorian State.
Key Transaction Highlights:
-Expansion: Addition of ~40,000 hectares to the Warintza district footprint.
-Investment Commitment: A proposed minimum exploration program of US$25 million over a 4-year phase.
-Strategic Partnership: Strengthening the cooperation between international private capital and ENAMI EP.
-Technical Milestones: Parallel advancement of the Feasibility Study and Environmental Impact Assessment (EIA) for the flagship project.
Robalino
Robalino: Innovation and Excellence in Ecuador
Robalino stands out in the Ecuadorian legal advisory landscape as a pioneering firm in merging legal services with consulting. With a disruptive approach and a forward-thinking vision, the firm has quickly positioned itself as a strategic ally for businesses of all sizes and sectors, serving a broad range of clients, from startups to large multinational corporations.
What sets Robalino apart?
Continuous Innovation: Robalino goes beyond traditional legal services. Through continuous innovation, it explores areas typically outside the legal sector, such as social impact financial agreements and personal data protection from a technological standpoint, demonstrating adaptability in a changing world.
Comprehensive Expertise: The firm offers a full spectrum of legal services, from advising on the protection of intangibles to compliance and defense regarding clients’ assets. Its multidisciplinary team ensures personalized and effective solutions.
Client Focus: Robalino supports its clients at every stage of their development, providing strategic advice and protecting their most valuable assets, both tangible and intangible.
Global Perspective: With strong expertise in international transactions, Robalino has established itself as a reference on the global stage, advising companies on operations beyond Ecuador’s borders.
Our Key Strengths
Protection of Intangible Assets: Robalino is the ideal partner for companies seeking to properly register and protect their trademarks, patents, industrial designs, and other intangible assets.
Strategic Advisory: Robalino offers a strategic approach, enabling clients to make informed decisions and optimize their operations from both a legal and business consulting perspective.
Innovation and Adaptation: The firm stays at the forefront of current trends, offering innovative solutions tailored to each client's specific needs.
Robalino provides exceptional advisory services. Its commitment to excellence, innovation, and client satisfaction has established it as a market leader in Ecuador. The firm is also recognized internationally.
