Welcome to our dedicated page for Solgold news (Ticker: SLGGF), a resource for investors and traders seeking the latest updates and insights on Solgold stock.
SolGold (SLGGF) is a leading copper-gold exploration company advancing its flagship Cascabel Project in Ecuador through systematic resource definition and strategic partnerships. This page provides official updates on exploration progress, financial developments, and operational milestones critical to understanding the company's position in the mining sector.
Investors and analysts will find comprehensive coverage of material events including drilling results, geotechnical studies, and regulatory advancements. The resource consolidates key announcements ranging from project feasibility assessments to strategic financing agreements, offering stakeholders timely insights into SolGold's exploration strategy and resource development timeline.
All content undergoes rigorous verification to ensure alignment with corporate disclosures and industry reporting standards. Bookmark this page for direct access to SolGold's latest press releases and third-party analysis of its Ecuadorian operations and global exploration portfolio.
SolGold has appointed Chris Stackhouse as Chief Financial Officer, effective April 17, 2023. Stackhouse has over 20 years of finance experience, notably with Guyana Goldfields where he was involved in developing and financing the Aurora Gold Mine. Scott Caldwell, previously interim CEO, has been confirmed as CEO and President of SolGold Ecuador, emphasizing the company’s focus on sustainable growth in Ecuador. To secure Caldwell’s position, an award of 30 million options at £0.17 per share was granted, contingent on performance criteria. The board plans to seek shareholder approval for amendments to the Remuneration Policy to ensure alignment with shareholder interests.
SolGold has announced that its prospectus has been approved by the Financial Conduct Authority and published on February 22, 2023. This prospectus pertains to the admission of 525,954,360 shares to the Official List and trading on the London Stock Exchange as part of a plan to acquire shares of Cornerstone Capital Resources. The shares are set to commence trading on February 27, 2023, and no funds are being raised in connection to this admission. Upon admission, the total issued share capital will be 3,002,005,861 shares.
SolGold has released its interim financial results for the half year ending December 31, 2022. Key highlights include the company's continued focus on discovering and developing major copper and gold deposits in the Andean Copper Belt, which contributes to around 40% of global copper production. SolGold is committed to transparency, sustainable practices, and delivering value to shareholders. The full interim financial report and management discussion are accessible via the company's website and the provided links.
SolGold has updated on its acquisition of Cornerstone Capital Resources, confirming approval from Cornerstone's shareholders and the Court of King's Bench of Alberta. The Acquisition will be executed through a court-approved plan of arrangement, with SolGold set to issue shares instead of cash. Cornerstone shareholders will receive 15 SolGold shares for each share they own. The company plans to release the prospectus shortly, aiming for a swift completion of the acquisition.
SolGold has disclosed its total issued share capital, totaling 2,476,051,501 ordinary shares with voting rights. The company currently holds no shares in treasury, allowing this figure to serve as the denominator for shareholders determining their interest notifications. Operating in the Andean Copper Belt, SolGold focuses on world-class copper and gold deposits while adhering to international best practices. The company is committed to delivering value to shareholders while minimizing environmental impacts and fostering community benefits.
