TIDMSOLG
RNS Number : 8500B
SolGold PLC
06 June 2023
6 June 2023
SolGold plc
(" SolGold " or the " Company ")
PCA Dealing
SolGold (LSE & TSX: SOLG) has been advised of the sale of
580,000 Ordinary Shares of GBP0.01 each in the Company by Mather
Foundation Limited , a Philanthropic Auxiliary Foundation Trust
Fund of which SolGold Non-Executive Director Nicholas Mather is a
Trustee Director.
The sale was finalised to address obligated philanthropic and
charitable donations to prostate cancer research, mental health and
homelessness organisations, emergency flight care services and arts
and cultural organisations in Australia. Each financial year the
Mather Foundation is required to monetise assets and make cash
donations to third-party charitable organisations. The financial
year end in Australia is 30 June.
This announcement was approved for release by Ryan Wilson -
Company Secretary.
Certain information contained in this announcement would have
been deemed inside information.
CONTACTS
Scott Caldwell Tel: +44 (0) 20 3807 6996
Chief Executive Officer
SolGold plc
Tavistock (Media) Tel: +44 (0) 20 7920
Jos Simson/Gareth Tredway 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: Mather Foundation Limited
----------------------------------------- -----------------------------
2. Reason for the notification
------------------------------------------------------------------------
a) Position/status: Mather Foundation Limited,
a person closely associated
with Nicholas Mather
- Director
----------------------------------------- -----------------------------
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, Ordinary Shares of GBP0.01
type of instrument:
Identification code: GB00B0WD0R35
----------------------------------------- -----------------------------
b) Nature of the transaction: Sale of Shares
----------------------------------------- -----------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP0.162 560,000
----------
----------------------------------------- -----------------------------
d) Aggregated information:
Aggregated volume: 560,000
Price: GBP0.162
Total: GBP90,733.29
----------------------------------------- -----------------------------
e) Date of the transaction: 1 June 2023
----------------------------------------- -----------------------------
f) Place of the transaction: LSE
----------------------------------------- -----------------------------
a) Description of the financial instrument, Ordinary Shares of GBP0.01
type of instrument:
Identification code: GB00B0WD0R35
----------------------------------------- -----------------------------
b) Nature of the transaction: Sale of Shares
----------------------------------------- -----------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP0.167 20,000
----------
----------------------------------------- -----------------------------
d) Aggregated information:
Aggregated volume: 20,000
Price: GBP0.167
Total: GBP3,333.18
----------------------------------------- -----------------------------
e) Date of the transaction: 5 June 2023
----------------------------------------- -----------------------------
f) Place of the transaction: LSE
----------------------------------------- -----------------------------
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. SolGold is exploring the length and
breadth of the highly prospective and gold-rich section of the
Andean Copper Belt, which is currently responsible for 40% of
global mined copper production.
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 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
twitter @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.sedar.com . 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.
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END
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June 06, 2023 11:06 ET (15:06 GMT)
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