SolGold Plc

SOLG

GB00B0WD0R35

Diversified Mining

Real-time Estimate Cboe Europe Other stock markets 07:37:29 2024-04-25 am EDT			5-day change	1st Jan Change
8.815 ^GBX	+1.09%		-8.86%	-6.94%

Mar. 19	EARNINGS AND TRADING: UK Oil in Broadford blow; SolGold optimistic	AN
Mar. 19	SolGold Up Near 2% In London Trading As Provides Blanca-Nieves Project Update	MT

SolGold acquisition of Cornerstone to be paid in shares

January 24, 2023 at 04:00 am EST

SolGold PLC - Brisbane, Australia-based developer of copper-gold deposits in Ecuador - Says the consideration for its acquisition of Cornerstone Capital Resources Inc will be paid in entirely using SolGold shares, instead of cash, with Cornerstone shareholders receiving 15 shares in SolGold for each of their Cornerstone shares. Under the terms of the deal, entered into in October, SolGold had the option to pay up to 20% of the consideration in cash. The company says it expects to publish the prospectus shortly, with the acquisition to be completed soon afterwards.

SolGold current stock price: 16.29 pence per share, up 0.1% on Tuesday in London

12-month change: down 32%

By Harvey Dorset, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about SolGold Plc

EARNINGS AND TRADING: UK Oil in Broadford blow; SolGold optimistic	Mar. 19	AN
SolGold Up Near 2% In London Trading As Provides Blanca-Nieves Project Update	Mar. 19	MT
SolGold Plc Provides an Update on the Blanca-Nieves Project	Mar. 19	CI
SolGold notes pre-feasibility study technical report for Cascabel	Mar. 12	AN
Audioboom extends partnerships; Ecora eyes growth	Mar. 06	AN
SolGold Jumps 17% As Signs Complementary Investment Protection Agreement With Ecuador	Mar. 06	MT
SolGold Signs Complementary Investment Protection Agreement With Ecuador; Shares Up 19% In UK Trading	Mar. 06	MT
EARNINGS AND TRADING: Macau NAV falls; SolGold inks Cascabel deal	Mar. 04	AN
SolGold PLC Announces MOU for Sustainable Hydro-Solar Energy at Cascabel	Mar. 04	MT
SolGold PLC Signs A Memorandum of Understanding with Grupo Empresarial Semaica and Enerhydra	Mar. 04	CI
SolGold Plc Appoints Jian Liu and Mr. Charles Joseland to Its Board of Directors	Feb. 28	CI
SolGold Reports Completion of New Cascabel Pre-Feasibility Study; Up 4.4%	Feb. 16	MT
SolGold Reports Completion of New Cascabel Pre-Feasibility Study	Feb. 16	MT
SolGold rises amid completion of Cascabel pre-feasibility study	Feb. 16	AN
SolGold's Pre-feasibility Study for New Cascabel Project in Ecuador Outlines Solid Economic Viability	Feb. 16	MT
Solgold plc Announces Completion of New Cascabel Pre-Feasibility Study	Feb. 16	CI
SolGold shares plunge as interim loss widens on higher costs	Feb. 15	AN
SolGold Plc Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	Feb. 14	CI
SolGold says Cascabel pre-feasibility study nears completion	Jan. 22	AN
SolGold PLC Down 3% in UK Trade as Announces Corporate Update	Jan. 22	MT
SolGold Nears Pre-feasibility Study Completion for Copper-gold Project in Ecuador	Jan. 22	MT
SolGold plc Provides an Update on the Company's Current Initiatives and Ongoing Activities	Jan. 22	CI
SolGold Plc Announces Reconstitution of Board Committees	Jan. 22	CI
Belararox Names Chief Technical Advisor for TMT Project	Jan. 07	MT
SolGold PLC Approves Board Changes	Dec. 21	CI

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Company Profile

SolGold PLC is an Australia-based exploration company. The Company is focused on discovering and developing copper and gold deposits. The Companyâs projects include Cascabel, Chical, Rio Amarillo, Chillanes, Salinas, Cisne Victoria, Coangos, Helipuerto, Cisne Loja, Porvenir and Timbara. The Cascabel project is located in Imbabura province, Northern Ecuador. The project covers approximately 50 square kilometers (Km2). The Chical project is located 15 kilometers (km) north-east of the Cascabel concession. Rio Amarillo is located in northern Ecuador, which is approximately 35km south-east of Alpala. The Chillanes project is located in Bolivar/Chimborazo province, Central Ecuador. The Salinas project is located in Bolivar province, Southwest Ecuador. The Cisne Victoria project is located in south-eastern Ecuador, which consists of an epithermal zone of alteration and mineralization. The Coangos project is located in Morana Santiago province, south-eastern Ecuador.

Sector

Diversified Mining

Calendar

2024-05-14 - Q3 2024 Earnings Release (Projected)

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.0872 GBP

Average target price

0.515 GBP

Spread / Average Target

+490.60%

Consensus

Annual profits - Rate of surprise

Company calendar

Sector Integrated Mining

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Integrated Mining

SolGold Plc

Equities

SOLG

GB00B0WD0R35

Diversified Mining

SolGold acquisition of Cornerstone to be paid in shares

Latest news about SolGold Plc

Chart SolGold Plc

Company Profile

Income Statement Evolution

Analysts' Consensus

Annual profits - Rate of surprise

Sector Integrated Mining