SolGold PLC Announces Issue of Shares

Alleen voor leden beschikbaar, wordt daarom gratis lid!

Algemeen advies 26/11/2022 10:17
BISHOPSGATE, UK / ACCESSWIRE / November 23, 2022 / The Board of Directors of SolGold (LSE:SOLG)(TSX:SOLG) is pleased to announce that investors, including Jiangxi Copper (Hong Kong) Investment Company Limited ("Jiangxi"), (the "Investors") have agreed to purchase 180,000,000 shares (the "Investment Shares") at a price of US$0.20 per share (the "Investment"). Jiangxi has agreed to purchase 155,000,000 of the Investment Shares. The Investment Shares are expected to raise gross proceeds of US$36,000,000.?

The closing of the Investment is subject to the completion of due diligence by Jiangxi. Assuming Jiangxi is satisfied with their due diligence review, the Investment will close on or about December 9, 2022 and Jiangxi will own 6.3% ?of the issued ordinary share capital of SolGold.

Scott Caldwell, Interim CEO of SolGold, commented:

"I am very pleased to have Jiangxi become an investor in SolGold. They are a highly accomplished mining company and more importantly, 100% aligned with SolGold in ensuring all stakeholders are treated respectfully and fairly. This also clearly demonstrates another step forward on my previously announced commitment, to ensure the SolGold team works tirelessly to ensure shareholders are rewarded for funding this world class discovery in Cascabel. Jiangxi is a substantial investor in numerous copper mining enterprises globally and their presence will be of great benefit to Ecuador and SolGold shareholders."

Maxit Capital LP is acting as financial advisor to SolGold.

This announcement was approved for release by Rufus Gandhi - Company Secretary.

Certain information contained in this announcement would have been deemed inside information.

CONTACTS

Rufus Gandhi

SolGold Plc (Company Secretary)



Beperkte weergave !
Leden hebben toegang tot meer informatie! Omdat u nog geen lid bent of niet staat ingelogd, ziet u nu een beperktere pagina. Wordt daarom GRATIS Lid of login met uw wachtwoord


Copyrights © 2000 by XEA.nl all rights reserved
Niets mag zonder toestemming van de redactie worden gekopieerd, linken naar deze pagina is wel toegestaan.


Copyrights © DEBELEGGERSADVISEUR.NL