Salazar Retains Questrade Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 22, 2014) - Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG) (the "Company") announces that it has retained Questrade Inc. ("Questrade") to provide market-making services in accordance with TSX Venture Exchange guidelines. The term of the agreement is 12 months, beginning August 20, 2014, at a cost of $4,500 per month. Either party may terminate the agreement with 30 days written notice. Although Salazar and Questrade are unrelated and unaffiliated entities and Questrade will not receive shares or options as compensation, Questrade and its clients have or may have a direct interest in the securities of the Company.

About Questrade

Questrade Inc. provides Canadians with high-speed, direct-access trading in the U.S. and Canadian stock and options markets through its IQ trading platforms. Questrade offers market-making services on behalf of TSX and TSX Venture Exchange listed companies providing liquidity on the stock exchange for shareholders.

ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED

Fredy Salazar, President & CEO

Salazar Resources Limited

About Salazar Resources Limited

Salazar Resources Ltd. is a publicly-listed (TSX VENTURE:SRL)(FRANKFURT:CCG) mineral resource company engaged in the exploration and development of new highly prospective areas in Ecuador. Led by a senior Ecuadorian management team and most notably by its namesake Fredy Salazar, this team has been instrumental in other major discoveries throughout Ecuador. Being based in Ecuador, thus having thorough knowledge of local human and environmental issues, gives the company a strategic advantage, enabling it to complete exploration at a rapid pace. With an excellent property portfolio (3 projects -- 42,900 hectares), good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador and throughout South America.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This press release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.