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home / news releases / solitario resources gets 2 5m investment from newmon

XPL - Solitario Resources gets $2.5M investment from Newmont Overseas Exploration

Solitario Zinc Corp.

2023-08-02 09:24:10 ET

  • Solitario Resources ( NYSE: XPL ) ( TSX: SLR:CA ) has received a $2.5 million investment from Newmont Overseas Exploration, the company said Wednesday.

  • In exchange, Newmont Overseas Exploration was issued 4,166,667 shares of the company at $0.60 per share.

  • Through the investment, Newmont Overseas Exploration has become the largest shareholder of the company with a 9.95% stake.

  • The company will use the net proceeds to advance exploration activities at its core projects and for general corporate purposes.

  • Press Release .

For further details see:

Solitario Resources gets $2.5M investment from Newmont Overseas Exploration
Stock Information
Company Name: Solitario Zinc Corp.
Stock Symbol: XPL
Market: NYSE
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