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Pin to quick picksSolGold Share News (SOLG)

Share Price Information for SolGold (SOLG)

London Stock Exchange
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Share Price: 9.33
Bid: 9.28
Ask: 9.40
Change: 0.22 (2.41%)
Spread: 0.12 (1.293%)
Open: 9.12
High: 9.63
Low: 9.12
Prev. Close: 9.11
SOLG Live PriceLast checked at -

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TRADING UPDATES: Audioboom extends partnerships; Ecora eyes growth

Wed, 06th Mar 2024 18:07

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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Audioboom Group PLC - Jersey-registered podcast publisher with offices in London and New York - Extends partnership with podcasts The Dim Dillon Show, Crime Weekly, True Crime Obsessed, Real Ghost Stories and I Think Not, which Audioboom says are key part of its creator network, contributing more than 90 million downloads to the network last year. Chief Executive Officer Stuart Last says: "We're so pleased to continue our work with five of our favourite podcasts. These shows trust Audioboom to deliver their technology, distribution and monetisation, and we look forward to a successful future together."

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Ecora Resources PLC - South and North America-focused royalty and streaming company providing capital to mining sector - Says continues to expect volume growth in 2024 at operations "underlying its producing royalty portfolio which, at current commodity price levels, would imply year-on-year portfolio contribution growth. In addition, Ecora's near-term development royalties are poised for significant de-risking events in the year ahead." Anticipates steel making coal production at Kestrel to increase at least 13% to between 1.8 and 2.0 million tonnes in 2024 from 1.6mt in 2023, but stay far below 4.1mt in 2022.

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Red Rock Resources PLC - Africa, South America and Australia-focused natural resource explorer and developer - Updates on its arbitration in the Democratic Republic of Congo regarding its USD10 million claim pursing in the country for its interest in the VUP copper-cobalt joint venture and regarding its gold assets and opportunities. Says it is in constant communication with its country representative, its lawyer, and its local partner and expects senior management to be in the Democratic Republic of Congo this or next week with a view to finalisation. Further, says a Red Rock team is in Kenya working on the renewal of the company's two licences. Looking ahead, Chair Andrew Bell says: "Gold is now trading at an all time high price, fulfilling predictions made for many months, and this will present us with more opportunities to crystallise and establish the value of our diversified gold portfolio, that contains early stage exploration, established Resources, and early and advanced stage development projects, as well as royalties."

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SolGold PLC - Ecuador-focused copper and gold exploration company - Signs a joint declaration in preparation of a complementary investment protection agreement with the government of Ecuador. SolGold says in addition to the USD311 million investment addressed by the current investment protection agreement, the complementary IPA there is a commitment to invest a total of USD3.2 billion over the subsequent years. Chief Executive Officer Scott Caldwell says: "The complementary investment protection agreement not only reinforces the protections for our key investment in Ecuador but also symbolizes a deepening of our relationship with the Ecuadorian State. President Noboa's attendance and insightful speech at the PDAC convention were warmly welcomed by the mining community and underscores the significant support of his administration for responsible mining in Ecuador."

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Westmount Energy Ltd - oil and gas investment firm focused on high impact drilling outcomes in emerging basins - Notes announcement by investee companies Africa Oil Corp and Eco Atlantic Oil & Gas Ltd regarding the farm-in of TotalEnergies. Africa Oil had announced a strategic agreement signed with units of TotalEnergies and QatarEnergy for the acquisition of participating interests in Block 3B/4B in the Orange Basin, offshore South Africa. The maximum transaction value is up to USD46.8 million.

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By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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19 Mar 2024 18:41

EARNINGS AND TRADING: UK Oil in Broadford blow; SolGold optimistic

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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12 Mar 2024 14:06

SolGold notes pre-feasibility study technical report for Cascabel

(Alliance News) - SolGold PLC on Tuesday noted a pre-feasibility study technical report for the Cascabel project in Ecuador.

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4 Mar 2024 14:13

EARNINGS AND TRADING: Macau NAV falls; SolGold inks Cascabel deal

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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16 Feb 2024 10:20

SolGold rises amid completion of Cascabel pre-feasibility study

(Alliance News) - SolGold PLC on Friday said it has successfully completed a new pre-feasibility study at its Cascabel project, noting a significantly reduced initial capital cost.

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15 Feb 2024 12:41

IN BRIEF: SolGold shares plunge as interim loss widens on higher costs

SolGold PLC - Ecuador-focused copper and gold exploration company - Says pretax loss widens to USD21.9 million in the six months to December 30 from USD17.6 million the year before. This was partly due to finance costs rising to USD8.1 million from USD5.5 million the year prior. Sol Gold did not generate any revenue for the half-year, unchanged from a year ago.

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22 Jan 2024 13:33

IN BRIEF: SolGold says Cascabel pre-feasibility study nears completion

SolGold PLC - Ecuador-focused copper and gold exploration company - Says phased approach pre-feasibility study for its 100% owned Cascabel project located in northern Ecuador is nearing completion. Says it expects the phased approach to demonstrate a lower risk path for Cascabel, with several project optimisations expected compared to the 2022 Cascabel PFS, including lower capital costs. Also reports that its Ecuadorian exploration team has been active this month, making progress at the Blanca-Nieves project, which hosts the newly discovered La Florida target. Says exploration activities are expected to continue over the course of 2024, focusing on advancing new target areas and prospects for new discoveries. Blanca-Nieves is located 10 kilometres north of the Cascabel project.

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13 Dec 2023 15:47

UK shareholder meetings calendar - next 7 days

Thursday 14 December 
Aeorema Communications PLCAGM
CleanTech Lithium PLCGM re equity raise approval
Driver Group PLCFull Year Results
eEnergy Group PLCAGM
Ethernity Networks LtdGM re authority to allot shares on non-preemptive basis
Fintech Asia LtdAGM
Helium One Global LtdAGM
Marwyn Value Investors LtdAGM
Quarto Group IncGM re cancelling trading on London's Main Market
Sareum Holdings PLCAGM
Friday 15 December 
Abingdon Health PLCAGM
Aptamer Group PLCAGM
Bellway PLCAGM
CQS Natural Resources Growth & Income PLCAGM
DCI Advisors LtdAGM
Ethernity Networks LtdGM re subscription agreement
Frontier IP Group PLCAGM
Holders Technology PLCGM re AIM delisting, tender offer
Renalytix PLCAGM
Schroder Real Estate Investment Trust LtdEGM re proposed amendments to the investment policy
Tristel PLCAGM
Ultimate Products PLCAGM
Wentworth Resources PLCAGM
Monday 18 December 
Ascential PLCGM re proposed sale of digital commerce business
Braemar PLCAGM
Eqtec PLCEGM re capital reorganisation
Fandango HoldingsAGM
Grit Real Estate Income Group LtdAGM
LondonMetric Property PLCGM re revised directors' remuneration policy
Nightcap PLCAGM
Surface Transforms PLCGM re fundraising
TechFinancials IncAGM
Tuesday 19 December 
dotdigital Group PLCAGM
easyJet PLCGM re buy of 157 A320neo family aircraft
Netcall PLCAGM
Orosur Mining IncAGM
Technology Minerals PLCAGM
Zanaga Iron Ore Co LtdAGM
Wednesday 20 December 
AVI Global Trust PLCAGM
Lift Global Ventures PLCAGM
Northamber PLCAGM
RM Infrastructure Income PLCGM re managed wind-down
SolGold PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

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8 Dec 2023 14:24

IN BRIEF: SolGold identifies "promising" copper target at Espejo

SolGold PLC - Ecuador-focused copper and gold exploration company - Identifies a "promising" new porphyry copper-gold-molybdenum target at Anomaly 4 at the Espejo project. Chief Executive Officer

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5 Dec 2023 12:09

SolGold celebrates new gold discovery at Blanca Nieves project

(Alliance News) - SolGold PLC on Tuesday said recent exploration at its La Florida target has led to the discovery of visible gold.

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1 Dec 2023 14:29

TRADING UPDATES: N4 launches investor hub; Capricorn production falls

(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Wednesday, Thursday and Friday and not separately reported by Alliance News:

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17 Nov 2023 13:56

IN BRIEF: SolGold says "invaluable" chair to stand down at AGM

SolGold PLC - Ecuador-focused copper and gold exploration company - Chair Liam Twigger will not seek re-election at the forthcoming annual general meeting in December. Twigger became chair in August 2020 upon the resignation of predecessor Brian Moller. SolGold will commence its search for Twigger's replacement "immediately" and will provide updates "in due course". Company says Non-Executive Direcor James Clare will also step down at the AGM after five years in the role.

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25 Oct 2023 11:54

IN BRIEF: SolGold says talks over Cascabel project continue

SolGold PLC - London-based copper and gold explorer in Ecuador - Says strategic review is advancing following merger with Cornerstone Capital Resources Inc in February, through which it consolidated an 100% interest in the Cascabel copper-gold project in Ecuador. Adds that discussions with "highly credible groups" interested in its assets are ongoing. Says work plans for 2024 have been funded and no additional financing is required in the near-term, after raising USD86 million through an investment by Osisko Gold Royalties Ltd in 2022. Chief Executive Officer Scott Caldwell says he is "disappointed" by the company's current stock price as SolGold is "currently in the strongest position it has ever been". Its shares are down 41% over the past month.

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9 Oct 2023 17:22

IN BRIEF: SolGold chair and chief executive increase holdings

SolGold PLC - London-based copper and gold explorer in Ecuador - Chief Executive Scott Caldwell buys 790,000 shares at prices from CAD0.18 to CAD0.21 per share on Friday, worth CAD157,243. Caldwell now holds 19.4 million shares in SolGold, around 0.65% of its issued share capital.

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29 Sep 2023 10:46

SolGold swings to loss; needs extra funding to continue long-term

(Alliance News) - SolGold PLC on Friday said it swung to a considerable loss in its latest financial year, mainly thanks to surging administrative expenses, and it said it will need additional funding to continue operations.

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