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Solgold PLC
Symbol C : SOLG
Shares Issued 1,696,245,686
Close 2018-11-02 C$ 0.66
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Solgold grants options to buy 82.87 million shares

2018-11-06 09:06 ET - News Release

An anonymous director reports


The board of directors of Solgold PLC has advised of the grant and allotment of 82,875,000 unlisted employee options. The options will have a strike price of 60 pence each, an exercise period of three years and cover a range of employees in Solgold, ENSA and Solgold's four 100-per-cent-owned Ecuadorean subsidiaries.

The company will also seek the approval of shareholders to grant further options to directors, also exercisable at 60 pence for a three-year period, at the upcoming December, 2018, annual general meeting, the materials for which will be circulated in the next weeks.

Following the allotment of the abovementioned employee options, the company now has a total of 1,837,012,007 fully paid ordinary shares on issue, together with 21.25 million share options exercisable at 40 pence and 129,887,000 share options exercisable at 60 pence.

About Solgold PLC

Solgold is a leading exploration company focused on the discovery and definition of world-class copper and gold deposits. In 2017 Solgold's management team was recognized by the "Mines and Money" forum as an example of excellence in the industry, and continue to strive to deliver objectives efficiently and in the interests of shareholders. Solgold is the largest and most active concession holder in Ecuador and is aggressively exploring the length and breadth of this highly prospective and gold-rich section of the Andean copper belt.

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