-+ 0.00%
-+ 0.00%
-+ 0.00%
Solitario Resources Announces Purchase And Sale Of 305,195 Shares Of Common Stock At $0.77/Shr For Total Gross Proceeds Of $235K
Share
Listen to the news

Solitario Resources Corp. ("Solitario" or the "Company") (NYSE American:XPL)( TSX:SLR) is pleased to announce the purchase and sale of 305,195 shares (the "Shares") of Company common stock, at a price of $0.77 per share for total gross proceeds of US$235,000 (the "Sale"). The Sale was made under the terms of the Amended and Restated Investor Rights Agreement dated June 11, 2025 (the "IRA") between Solitario and Newmont Overseas Exploration Ltd. ("Newmont"), a wholly owned subsidiary of Newmont Corporation. Newmont chose to exercise a right to acquire the Shares as permitted by the IRA at the average price of shares sold through Solitario's at-the-market program sales from Nov. 13, 2025, through April 6, 2026.

Upon the issuance of the Shares, Newmont will hold 8,759,162 shares of Solitario common stock or approximately 9.4% of the outstanding shares, maintaining Newmont's interest prior to the current period's at-the-money program.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending