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SolGold (SOLG) Share News

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IN BRIEF: Jiangxi Copper buys SolGold shares worth USD18 million

12th Mar 2025 19:03

SolGold PLC - Ecuador-focused exploration company - Receives further investment worth USD18 million from Jiangxi Copper Co Ltd, a Chinese copper producer. The firm agrees to buy 157.1 million ordinary shares of SolGold at USD0.115 per share from wholly-owned subsidiary SolGold Canada Inc. The price is a premium of about 45% to the closing middle-market share price on March 11. The shares had been acquired through SolGold's acquisition of SolGold Canada, then called Cornerstone Capital Resources Inc in February 2023. "Therefore, no new shares of SolGold have been issued in connection with the investment and the company's total issued share capital remains unchanged," company says. Read More

SMALL-CAP WINNERS & LOSERS: SolGold jumps on Jiangxi backing

12th Mar 2025 10:32

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday. Read More

SolGold names new CEO and chair as it resets strategy

4th Mar 2025 16:51

(Alliance News) - SolGold PLC on Tuesday named its new chief executive officer and chair as it set out plans to reset its strategy. Read More

SolGold settles litigation with former chief executive officer

21st Feb 2025 10:57

(Alliance News) - SolGold PLC on Friday said it has settled litigation proceedings with its former Chief Executive Officer Darryl Cuzzubbo. Read More

IN BRIEF: SolGold loss narrows on lower exploration write-offs

14th Feb 2025 20:06

SolGold PLC - Ecuador-focused exploration company - pretax loss narrows to USD9.5 million in the three months to December 31 from USD14.9 million a year prior. Bottom line benefits from drop in exploration costs write-offs to just USD41,611 from USD8.2 million a year ago. Administrative expenses rise though to USD4.2 million from USD2.6 million. Read More

UK shareholder meetings calendar - next 7 days

28th Nov 2024 13:44

Read More

SolGold annual loss widens due to amortisation amid project progress

4th Nov 2024 14:05

(Alliance News) - SolGold PLC in September said its annual loss had widened during its most recent financial year, primarily due to amortisation, as its project activities continue to progress. Read More

IN BRIEF: SolGold makes progress at Cascabel copper-gold project

16th Oct 2024 21:27

SolGold PLC - Ecuador-focused exploration company - Updates on developments related to the Cascabel copper-gold project. Says that the infrastructure investigation program has been optimised to include a ground geophysical assessment that will reduce the amount of drilling required. The contracted drillers are preparing to mobilize as the drill hole locations designed to test plant and portal locations are set up for drilling. These holes will also be part of a broader mine geotechnical program, which includes drilling for the declines, underground mine design and other site infrastructure. Further, selected core samples will be assayed for mineralization, providing critical data as the project progresses. This work represents a significant milestone in ensuring the infrastructure is developed to meet the highest safety and operational standards, company says. Read More

EARNINGS AND TRADING: SolGold progresses Cascabel project in Ecuador

14th Aug 2024 16:26

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

SolGold advances flagship project with USD750 million financing deal

15th Jul 2024 14:43

(Alliance News) - SolGold PLC on Monday secured a USD750 million financing package from Franco-Nevada (Barbados) Corp and Osisko Bermuda Ltd to fund the Cascabel project. Read More

IN BRIEF: SolGold reports funding talks are progressing

25th Jun 2024 18:59

SolGold PLC - Ecuador-focused copper and gold exploration company - Reports that discussions for a significant potential funding package for the Cascabel project are progressing. SolGold stresses that, other than USD10 million loan facility from Franco-Nevada Corp announced in May, it has not entered into any new agreements regarding such a transaction, and there can be no assurance that any discussions that have taken place will result in such agreements. But, remains focused on securing the necessary financing to develop the project and is confident in its potential to become a world-class copper-gold operation. Read More

TRADING UPDATES: Bens Creek considers administration; Nexxen inks deal

16th May 2024 20:09

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

TRADING UPDATES: Future Metals celebrates state government grant

15th May 2024 21:43

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

EARNINGS AND TRADING: UK Oil in Broadford blow; SolGold optimistic

19th Mar 2024 18:41

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

SolGold notes pre-feasibility study technical report for Cascabel

12th Mar 2024 14:06

(Alliance News) - SolGold PLC on Tuesday noted a pre-feasibility study technical report for the Cascabel project in Ecuador. Read More

TRADING UPDATES: Audioboom extends partnerships; Ecora eyes growth

6th Mar 2024 18:07

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

EARNINGS AND TRADING: Macau NAV falls; SolGold inks Cascabel deal

4th Mar 2024 14:13

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

SolGold rises amid completion of Cascabel pre-feasibility study

16th Feb 2024 10:20

(Alliance News) - SolGold PLC on Friday said it has successfully completed a new pre-feasibility study at its Cascabel project, noting a significantly reduced initial capital cost. Read More

IN BRIEF: SolGold shares plunge as interim loss widens on higher costs

15th Feb 2024 12:41

SolGold PLC - Ecuador-focused copper and gold exploration company - Says pretax loss widens to USD21.9 million in the six months to December 30 from USD17.6 million the year before. This was partly due to finance costs rising to USD8.1 million from USD5.5 million the year prior. Sol Gold did not generate any revenue for the half-year, unchanged from a year ago. Read More

IN BRIEF: SolGold says Cascabel pre-feasibility study nears completion

22nd Jan 2024 13:33

SolGold PLC - Ecuador-focused copper and gold exploration company - Says phased approach pre-feasibility study for its 100% owned Cascabel project located in northern Ecuador is nearing completion. Says it expects the phased approach to demonstrate a lower risk path for Cascabel, with several project optimisations expected compared to the 2022 Cascabel PFS, including lower capital costs. Also reports that its Ecuadorian exploration team has been active this month, making progress at the Blanca-Nieves project, which hosts the newly discovered La Florida target. Says exploration activities are expected to continue over the course of 2024, focusing on advancing new target areas and prospects for new discoveries. Blanca-Nieves is located 10 kilometres north of the Cascabel project. Read More

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