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SolGold PLC Announces Grant of Employee Share Options
BISHOPSGATE, LONDON / ACCESSWIRE / March 4, 2021 / SolGold plc ( SolGold or the Company ) The Board of SolGold plc (LSE:SOLG)(TSX:SOLG) wishes to advise of the grant of 3,000,000 employment options.
The share options have a strike price of 36 pence each and expire on 2 March 2024.
Following the allotment of these share options, the Company has on issue a total of 2,084,113,494 fully-paid ordinary shares and 114,775,000 unlisted options exercisable at various prices ranging from 25p to 60p and expiring between July 2021 and December 2024.
By order of the Board
Karl Schlobohm
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of the Regulation (EU) No 596/2014 until the release of this announcement.
Follow us on twitter @SolGold plc ABOUT SOLGOLD SolGold is a leading resources company focussed on the discovery, definition and development of world-class copper and gold deposits. In 2018, SolGold s management team was recognised by the Mines and Money Forum as an example of excellence in the industry and continues to strive to deliver objectives efficiently and in the interests of shareholders. SolGold is the largest and most active concession holder in Ecuador and is aggressively exploring the length and breadth of this highly prospective and gold-rich section of the Andean Copper Belt. The Company operates with transparency and in accordance with international best practices. SolGold is committed to delivering value to its shareholders, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact.
SolGold PLC Announces Alpala Pre-Feasibility Study Update
Alpala Pre-Feasibility Study Update
BISHOPSGATE, LONDON / ACCESSWIRE / February 5, 2021 / The Board of Directors of SolGold (LSE:SOLG)(TSX:SOLG) wishes to provide an update regarding progress of the Pre-Feasibility Study ( PFS ) with respect to the Alpala Project ( Project ) on the Cascabel concession in northern Ecuador.
The Project Committee ( Committee ), chaired by Non-Executive Director Keith Marshall, has reviewed the work undertaken to date on the Alpala PFS and provided its recommendation to the Board on the next steps to progress to completion of a revised Alpala PFS covering the entire Cascabel concession.
The Committee has determined that additional work is required to sufficiently address a number of mine development and metallurgical alternatives and potential upsides, including the resource potential on other targets within the Cascabel concession.
SolGold PLC Announces Regional Exploration Update
Ecuador Regional Exploration Update
BISHOPSGATE, LONDON / ACCESSWIRE / February 3, 2021 / The Board and Executive Directors of SolGold ( SolGold or the Company ) (LSE:SOLG)(TSX:SOLG) are pleased to provide an exploration update on its regional exploration programme. The Company continues to pursue its strategy as an integrated explorer and developer, based on preservation of value for all shareholders. The Company maintains its plan of applying its exploration blueprint. This includes systematic and aggressive evaluation across its exploration assets in Ecuador, which are held by four wholly owned subsidiaries.
HIGHLIGHTS:
Porvenir Project, Southern Ecuador: Cacharposa Target
Final assays from Holes 1, 2, 3 and 4 at Cacharposa porphyry copper-gold target return encouraging results, including highly significant intersections of over 400m% copper equivalent: