4 June 2026auditor change● Neutral
Now renamed back to Solitario Resources Corp., the company changed auditors again after Assure CPA merged into Sadler, Gibb & Associates, which took over as its independent accounting firm.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
23 June 2025capital raising announcement▲ GoodMajor
Newmont made a follow-on investment of $999,999 (1,587,300 shares), raising its stake in Solitario to about 9.4%, and the two companies upgraded Newmont's rights over the Golden Crest properties from a right of first offer to a full right of first refusal while broadening the properties' defined area.
16 Oct 2023capital raising announcement▲ GoodMajor
Solitario closed a separate, larger private placement - 8,631,818 shares at $0.55 for $4.75 million - sold directly without a placement agent.
What it means for a shareholder
8.6m new shares at US$0.550 to raise about US$4.8m. That's 11% dilution: every existing holder's slice gets 11% smaller. If you held US$1,000 of shares (1,818 at the issue price), your slice goes from 0.00263% to 0.00234% of the company. To keep it you'd need 227 more shares - about US$125 at the issue price.
Create a free account to see this worked out for your own holding.
2 Aug 2023capital raising announcement▲ GoodMajor
Longtime partner Newmont made a direct $2.5 million equity investment in Solitario (4,166,667 shares) and signed an Investor Rights Agreement giving it participation rights in future equity raises, a right of first offer on any sale or joint venture involving Solitario's Golden Crest gold properties, a right of first refusal on Golden Crest debt financing, and ongoing information rights - a strategic stake with real influence over the company's flagship exploration asset.
30 June 2023auditor change● Neutral
Solitario appointed Assure CPA as its independent auditor after a competitive selection process.
28 May 2021resource reserve update▼ BadMajor
After a regulatory review, Solitario amended its Florida Canyon technical report to add required disclosures and retracted an unsupported internal mine-life study it had shown investors at a conference - while noting it had also picked up an early-stage gold property, Gold Coin, in Arizona.
8 Apr 2021resource reserve update● Neutral
Solitario filed the formal technical report backing its previously announced Florida Canyon resource increase.
24 Feb 2021resource reserve update▲ GoodMajor
Joint venture partner Nexa Resources produced a new Florida Canyon resource estimate using the 2018-2019 drilling, lifting total inferred zinc-equivalent metal 64% over 2017. The inferred sulfide portion rose 105%.
2 Feb 2021material agreement● Neutral
Solitario set up an at-the-market equity program with H.C. Wainwright to sell up to $9 million of stock over time.
23 Apr 2020material agreement● Neutral
Solitario took a $70,000 federal Paycheck Protection Program loan from KeyBank as the COVID-19 pandemic disrupted markets.
4 Oct 2018auditor change● Neutral
Solitario's auditor EKS&H combined with Plante & Moran, resulting in a swap of its accounting firm as part of that merger.
8 Aug 2017resource reserve update▲ GoodMajor
Solitario furnished an 8-K attaching the NI 43-101 preliminary economic assessment for its Florida Canyon zinc project in Peru, dated August 3, 2017 and prepared by SRK Consulting. The filing text itself gave no economic results.
14 July 2017business combination▲ GoodMajor
Solitario completed its acquisition of Zazu on July 12, 2017, issuing about 19.8 million shares worth roughly $13.7 million. Shareholders had approved a name change to Solitario Zinc Corp., effective July 17, 2017.
1 May 2017business combination▲ GoodMajor
Solitario agreed to acquire Zazu Metals, whose principal asset is the Lik deposit in Alaska, in an all-share deal at 0.3572 Solitario share per Zazu share, leaving Zazu holders with about 34% of Solitario. It also agreed to provide Zazu a US$1.5 million secured convertible debenture.
22 Sept 2015asset acquisition disposition● Neutral
Solitario filed the required pro forma financial statements for its completed Mt. Hamilton sale to Waterton.
28 Aug 2015asset acquisition disposition▲ GoodMajor
Solitario closed the sale of its Mt. Hamilton interest to Waterton for $24 million, using part of the proceeds to pay off its RMB credit facility in full and cancel a large block of Ely Gold shares it held under an earlier consent agreement.
10 Aug 2015material agreement● Neutral
Solitario extended its $5 million credit facility with RMB Australia Holdings to buy time to close the pending Mt. Hamilton sale to Waterton.
12 June 2015material agreement▲ GoodMajor
Solitario and Ely Gold agreed to sell their Mt. Hamilton interests to Waterton for US$30 million, of which Solitario was to receive $24 million for its 80% stake. Closing was subject to shareholder and regulatory approvals, and Waterton also committed to a standby facility to repay Solitario's $5 million RMB debt.
21 Oct 2014resource reserve update▲ GoodMajor
Solitario furnished an NI 43-101 feasibility study for the Mt. Hamilton gold and silver project (Centennial and Seligman deposits) in Nevada, prepared by SRK and dated October 16, 2014. A press release accompanied the report.
23 June 2014resource reserve update▲ GoodMajor
Solitario furnished an NI 43-101 technical report, prepared by SRK Consulting and dated June 18, 2014, giving mineral resources for the Bongará zinc project in Amazonas, Peru. A press release accompanied the report.
3 Mar 2014capital raising announcement▲ Good
The $1.68 million private placement closed as announced.
21 Feb 2014capital raising announcement▲ Good
Solitario lined up commitments for a private placement of 1,600,000 shares at $1.05 (about $1.68 million), using Haywood Securities as placement agent for the Canadian portion.
What it means for a shareholder
1.6m new shares at US$1.05 to raise about US$1.7m. That's 4.1% dilution: every existing holder's slice gets 4.1% smaller. If you held US$1,000 of shares (952 at the issue price), your slice goes from 0.00254% to 0.00244% of the company. To keep it you'd need 41 more shares - about US$43 at the issue price.
Create a free account to see this worked out for your own holding.
27 Nov 2013capital raising announcement▲ Good
Solitario funded $1.3 million into Ely Gold & Minerals stock to help Ely complete a payout to Augusta Resource Corporation, satisfying Solitario's outstanding $1.75 million Ely-investment commitment under the evolving Mt. Hamilton joint-venture agreement.
19 July 2013capital raising announcement▲ Good
Solitario raised about $2.06 million in a private placement (2,451,892 shares at $0.84), with insiders - CEO Herald, COO Hunt, CFO Maronick, Chairman Labadie and director Harris - buying roughly a quarter of the offering themselves.
What it means for a shareholder
2.5m new shares at US$0.840 to raise about US$2.1m. That's 6.6% dilution: every existing holder's slice gets 6.6% smaller. If you held US$1,000 of shares (1,190 at the issue price), your slice goes from 0.00343% to 0.00321% of the company. To keep it you'd need 84 more shares - about US$71 at the issue price.
Create a free account to see this worked out for your own holding.
24 May 2013material agreement● Neutral
Solitario amended two underlying mineral leases on the Mt. Hamilton project, trading reduced near-term cash lease payments for stock issued to the property owners.
16 Aug 2012capital raising announcement▲ GoodMajor
Solitario secured a new $5 million credit facility from RMB Australia Holdings, drawing an initial $1.5 million to cover arrangement fees and pay down short-term margin loans, with further borrowing restricted to Mt. Hamilton development and earn-in costs.
2 July 2012capital raising announcement▲ Good
CEO Christopher Herald and CFO James Maronick bought Solitario stock directly from the company (180,000 and 45,000 shares at $1.22, about $274,500 combined), a board- and audit-committee-approved insider purchase; the companies also modified the Mt. Hamilton operating agreement with Ely's subsidiary DHI.
What it means for a shareholder
45,000 new shares at US$1.22 to raise about US$54,900. That's 0.13% dilution: every existing holder's slice gets 0.13% smaller. If you held US$1,000 of shares (820 at the issue price), your slice goes from 0.00238% to 0.00238% of the company. To keep it you'd need 1 more shares - about US$1 at the issue price.
Create a free account to see this worked out for your own holding.
13 June 2012material agreement▲ GoodMajor
Sandstorm Gold bought a 2.4% royalty on the Mt. Hamilton project for $10 million, providing non-dilutive financing toward the mine's development.
24 Feb 2012resource reserve update▲ GoodMajor
Solitario released a feasibility study for Mt. Hamilton's Centennial gold-silver deposit showing robust economics, with life-of-mine cash costs of $535 per gold-equivalent ounce.
18 May 2011material agreement▲ GoodMajor
The Mt. Hamilton joint venture agreed to buy down two percentage points of the Centennial royalty on gold and silver for $2.52 million, paid partly in cash and partly in Solitario shares. This cut the maximum royalty from 8% to 6%, with Solitario funding 80% of the price and lending DHI-US its 20% share.