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.
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SolGold PLC Announces Clarification to Misleading Statements
BISHOPSGATE, LONDON / ACCESSWIRE / January 28, 2021 / As a result of certain market commentary, the Board of Directors of SolGold (the Board ) wishes to clarify potentially misleading statements relating to Article 38 of the Ecuadorean Mining Law (the Mining Law ) on annual exploration reports and investment plans.
Highlights:
Article 38 specifies that in each year, and throughout the duration of the exploration stage of the mining concession, the concessionaire is to file an audited annual report to the Ministry regarding exploration activities and investments made at the mining concession in the previous year along with an investment plan for the current year.