REG - SolGold PLC - Application for Designated Foreign Issuer

SolGoldAnnouncement

28/11/2025 11:30

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RNS Number : 4732J  SolGold PLC  28 November 2025

28 November 2025

SolGold plc
("SolGold" or the "Company")

Application for Designated Foreign Issuer Treatment under Canadian Securities
Laws

SolGold plc (LSE: SOLG) announces that it has applied to the Ontario
Securities Commission for a decision (the "Decision") under the securities
legislation of Ontario, Alberta, British Columbia, Newfoundland and Labrador,
and Nova Scotia (the "Canadian Jurisdictions") granting it an exemption
analogous to the "designated foreign issuer" exemption in Part 5 of National
Instrument 71-102 - Continuous Disclosure and Other Exemptions Relating to
Foreign Issuers ("NI 71-102"). This application follows the Company's
voluntary delisting of its ordinary shares from the Toronto Stock Exchange on
June 18, 2025.

SolGold currently meets all of the requirements to be a "designated foreign
issuer" under NI 71-102 except for one, namely the percentage of the Company's
ordinary shares owned, directly or indirectly, by residents of Canada exceeds
by a small margin the maximum threshold of 10% required by NI 71-102 (on a
fully diluted basis). However, excluding the Company's ordinary shares
beneficially owned, or over which control or direction is exercised, by one
significant shareholder (the "Significant Shareholder"), the percentage of
SolGold's ordinary shares owned, directly or indirectly, by Canadian residents
is only 6.76% (on a fully diluted basis) (as far as the Company is aware as of
August 6, 2025). The Significant Shareholder has consented in writing to the
exemption sought in the Decision.

If the Decision is granted, SolGold will be relieved from certain continuous
disclosure requirements under Canadian securities laws provided that, among
other things, SolGold files on SEDAR+, makes publicly available or provides to
its securityholders in Canada all financial statements and other continuous
disclosure materials that it is required to file, make publicly available or
provide to its securityholders pursuant to the foreign disclosure requirements
of the United Kingdom.

CONTACTS

 Ryan Wilson             Tel: +41 (0) 41 710 0428
 Group General Counsel

SolGold plc

ABOUT SOLGOLD

SolGold is a leading resources company focused on the discovery, definition
and development of world-class copper and gold deposits and continues to
strive to deliver objectives efficiently and in the interests of shareholders.

See www.solgold.com (http://www.solgold.com) for more information. Follow us
on X @SolGold_plc.

CAUTIONARY NOTICE

This release may contain "forward looking information". Forward looking
information includes, but is not limited to, statements regarding the
Company's plans for developing its properties. Generally, forward looking
information can be identified by the use of forward- looking terminology such
as "plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases or state
that certain actions, events or results "may", "could", "would", "might" or
"will be taken", "occur" or "be achieved".

Forward looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be materially
different from those expressed or implied by such forward looking information,
including but not limited to: transaction risks; general business, economic,
competitive, political and social uncertainties; future prices of mineral
prices; accidents, labour disputes and shortages and other risks of the mining
industry. Although the Company has attempted to identify important factors
that could cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause results not
to be as anticipated, estimated or intended. There can be no assurance that
such information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward looking
information. The Company does not undertake to update any forward-looking
information, except in accordance with applicable securities laws.

The Company and its officers do not endorse, or reject or otherwise comment on
the conclusions, interpretations or views expressed in press articles or
third-party analysis.

 

 

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