15 April
2024
SolGold plc
("SolGold" or the
"Company")
Director / PDMR
Dealing
SolGold plc (LSE & TSX: SOLG)
has received notification on 14 April 2024 from Scott Caldwell,
Chief Executive Officer of the Company, that on 12 April 2024 he
had acquired 55,000 Ordinary Shares of £0.01 each in the Company at
a price of CAD0.18 per Ordinary Share of £0.01 each in the Company
for the total consideration of CAD9,900. Following this
acquisition, Scott Caldwell holds 19,462,244 Ordinary Shares of
£0.01 each in the Company representing 0.65% of the issued share
capital of the Company.
The Company advises that on 12 April
2024, Christopher Stackhouse, Chief Financial Officer of the
Company was granted 3,000,000 options over Ordinary Shares of £0.01
each in the Company at an exercise price of £0.10285 per
option. The options vest in equal 1/3rd tranches
on 1 January 2025, 2026 and 2027. Following this grant, Christopher
Stackhouse holds options over 9,000,000 Ordinary Shares of £0.01
each in the Company.
CONTACTS
|
Scott Caldwell
Chief Executive Officer
SolGold plc
|
Tel:
+44 (0) 20
3807 6996
|
|
Tavistock (Media)
Jos Simson/Gareth Tredway
|
Tel: +44 (0) 20 7920
3150
|
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM.
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
Scott Caldwell
|
2.
|
Reason for the notification
|
|
a)
|
Position/status:
|
CEO
|
|
b)
|
Initial
notification/Amendment:
|
Initial notification
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name:
|
SolGold plc
|
|
b)
|
LEI:
|
213800HGFADQBMIEVI76
|
4.
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial
instrument, type of instrument:
Identification code:
|
Ordinary Shares of £0.01
GB00B0WD0R35
|
|
b)
|
Nature of the
transaction:
|
Acquisition of Ordinary
Shares
|
|
c)
|
Price(s) and volume(s):
|
|
Price(s)
|
Volume(s)
|
|
CAD0.18
|
55,000
|
|
|
d)
|
Aggregated information:
Aggregated volume:
Price:
Total:
|
55,000
CAD0.18
CAD9,900
|
|
e)
|
Date of the transaction:
|
12 April 2024
|
|
f)
|
Place of the transaction:
|
Toronto Stock Exchange
|
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM.
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
|
Christopher Stackhouse
|
2.
|
Reason for the notification
|
|
a)
|
Position/status:
|
CFO
|
|
b)
|
Initial
notification/Amendment:
|
Initial notification
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name:
|
SolGold plc
|
|
b)
|
LEI:
|
213800HGFADQBMIEVI76
|
4.
|
Details of the transaction(s): section to be repeated for (i)
each type of instrument; (ii) each type of transaction; (iii) each
date; and (iv) each place where transactions have been
conducted
|
|
a)
|
Description of the financial
instrument, type of instrument:
Identification code:
|
Ordinary Shares of £0.01
GB00B0WD0R35
|
|
b)
|
Nature of the
transaction:
|
Grant of options over Ordinary
Shares
|
|
c)
|
Price(s) and volume(s):
|
|
Price(s)
|
Volume(s)
|
|
GBP0.10285
|
3,000,000
|
|
|
d)
|
Aggregated information:
Aggregated volume:
Price:
Total:
|
3,000,000
GBP0.10285
GBP308,550
|
|
e)
|
Date of the transaction:
|
12 April 2024
|
|
f)
|
Place of the transaction:
|
outside a trading venue
|
ABOUT SOLGOLD
SolGold is a leading resources
company focused on the discovery, definition, and development of
world-class copper and gold deposits and continues to strive to
deliver objectives efficiently and in the interests of
shareholders.
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
environmental impact.
SolGold is listed on the London
Stock Exchange and Toronto Stock Exchange (LSE/TSX:
SOLG).
See www.solgold.com.au
for more
information. Follow us on "X" @SolGold_plc
CAUTIONARY NOTICE
News releases, presentations and
public commentary made by SolGold plc (the "Company") and its Officers may contain
certain statements and expressions of belief, expectation or
opinion which are forward looking statements, and which relate,
inter alia, to interpretations of exploration results to date and
the Company's proposed strategy, plans and objectives or to the
expectations or intentions of the Company's Directors, including
the plan for developing the Project currently being studied as well
as the expectations of the Company as to the forward price of
copper. Such forward-looking and interpretative statements involve
known and unknown risks, uncertainties and other important factors
beyond the control of the Company that could cause the actual
performance or achievements of the Company to be materially
different from such interpretations and forward-looking
statements.
Accordingly, the reader should not
rely on any interpretations or forward-looking statements; and save
as required by the exchange rules of the TSX and LSE or by
applicable laws, the Company does not accept any obligation to
disseminate any updates or revisions to such interpretations or
forward-looking statements. The Company may reinterpret results to
date as the status of its assets and projects changes with time
expenditure, metals prices and other affecting
circumstances.
This release may contain
"forward‑looking information". Forward‑looking information
includes, but is not limited to, statements regarding the Company's
plans for developing its properties. Generally, forward‑looking
information can be identified by the use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes",
or variations of such words and phrases or state that certain
actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved".
Forward‑looking information is
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance
or achievements of the Company to be materially different from
those expressed or implied by such forward‑looking information,
including but not limited to: transaction risks; general business,
economic, competitive, political and social uncertainties; future
prices of mineral prices; accidents, labour disputes and shortages
and other risks of the mining industry. Although the Company has
attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended.
There can be no assurance that such information will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Factors that
could cause actual results to differ materially from such
forward-looking information include, but are not limited to, risks
relating to the ability of exploration activities (including assay
results) to accurately predict mineralization; errors in
management's geological modelling and/or mine development plan;
capital and operating costs varying significantly from estimates;
the preliminary nature of visual assessments; delays in obtaining
or failures to obtain required governmental, environmental or other
required approvals; uncertainties relating to the availability and
costs of financing needed in the future; changes in equity markets;
inflation; the global economic climate; fluctuations in commodity
prices; the ability of the Company to complete further exploration
activities, including drilling; delays in the development of
projects; environmental risks; community and non-governmental
actions; other risks involved in the mineral exploration and
development industry; the ability of the Company to retain its key
management employees and skilled and experienced personnel; and
those risks set out in the Company's public documents filed on
SEDAR+ at www.sedarplus.ca.
Accordingly, readers should not place undue reliance on
forward‑looking information. The Company does not undertake to
update any forward-looking information, except in accordance with
applicable securities laws.
The Company and its officers do not
endorse, or reject or otherwise comment on the conclusions,
interpretations or views expressed in press articles or third-party
analysis.
