23:29:15 EDT Wed 13 May 2026
Enter Symbol
or Name
USA
CA



Solitario Resources Corp
Symbol SLR
Shares Issued 91,158,649
Close 2026-05-13 C$ 1.29
Market Cap C$ 117,594,657
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Solitario Resources issues 305,195 shares to Newmont

2026-05-13 18:57 ET - News Release

Mr. Christopher Herald reports

SOLITARIO RESOURCES ANNOUNCES SHARE ISSUANCE TO NEWMONT UNDER THE AMENDED INVESTOR RIGHTS AGREEMENT

Solitario Resources Corp. has sold 305,195 shares of company common stock, at a price of 77 cents per share, for total gross proceeds of $235,000 (U.S.). The sale was made under the terms of the amended and restated investor rights agreement (IRA) dated June 11, 2025, between Solitario and Newmont Overseas Exploration Ltd., a wholly owned subsidiary of Newmont Corp. 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 per cent of the outstanding shares, maintaining Newmont's interest prior to the current period's at-the-money program.

Chris Herald, president and chief executive officer of Solitario, stated, "We are delighted that Newmont elected to exercise its right to maintain its ownership stake in Solitario and its equity ownership in Solitario."

The company did not engage an underwriter or registered placement agent for the sale, and there were no underwriter discounts or commissions or placement agent fees. The net proceeds of the sale will be used to advance the company's exploration activities at its core projects and for general corporate purposes. Additional information regarding the sale will be included in one or more reports to be filed by the company with the U.S. Securities and Exchange Commission, and United States and Canadian regulatory agencies, and this news release is subject to the further detail provided in such reports.

About Solitario Resources Corp.

Solitario is a natural resource exploration company focused on potential high-quality Tier 1 gold, zinc, copper and critical metals projects. The company's common stock is traded on the NYSE American (XPL) and on the Toronto Stock Exchange (SLR). Solitario owns a 100-per-cent interest in the 31,500-acre Golden Crest gold project in South Dakota. Solitario's management and directors hold approximately 7.8 per cent (excluding options) of the company's 93.1 million shares outstanding. Solitario's cash balance stands at approximately $8.6-million (U.S.).

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