31 Aug 2012securities registration● Neutral
SOLITARIO RESOURCES CORP. registered a securities offering with the SEC using its shelf eligibility.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
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.
9 Aug 2012quarterly activities report▼ Bad
SOLITARIO RESOURCES CORP. reported a quarterly net loss of $460 thousand for the period ended 2012-06-30.
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.
15 June 2012agm notice● Neutral
SOLITARIO RESOURCES CORP. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
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.
7 May 2012quarterly activities report▼ Bad
SOLITARIO RESOURCES CORP. reported a quarterly net loss of $862 thousand for the period ended 2012-03-31.
27 Apr 2012agm notice● Neutral
SOLITARIO RESOURCES CORP. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
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.
1 Feb 2012substantial holder notice● Neutral
Sprott Inc. reported a SOLITARIO RESOURCES CORP. shareholding of 4,084,840 shares (11.90% of votes) in a periodic institutional filing.
8 Nov 2011quarterly activities report● Neutral
SOLITARIO RESOURCES CORP. reported a quarterly net income of $1.9 million for the period ended 2011-09-30.
7 Nov 2011quarterly activities report● Neutral
SOLITARIO RESOURCES CORP. reported a quarterly net income of $1.9 million for the period ended 2011-09-30.
5 Aug 2011quarterly activities report● Neutral
SOLITARIO RESOURCES CORP. reported a quarterly net income of $1.4 million for the period ended 2011-06-30.
4 Aug 2011quarterly activities report● Neutral
SOLITARIO RESOURCES CORP. reported a quarterly net income of $1.4 million for the period ended 2011-06-30.
10 June 2011agm notice● Neutral
SOLITARIO RESOURCES CORP. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
18 May 2011material agreement▲ GoodMajor
Solitario's Mt. Hamilton joint venture bought down 2 percentage points of an underlying royalty for $2.52 million and optioned the adjacent Shell gold-molybdenum property, improving the project's economics.
17 May 2011securities registration● Neutral
SOLITARIO RESOURCES CORP. filed a prospectus supplement for an offering off its existing shelf.
12 May 2011quarterly activities report● Neutral
SOLITARIO RESOURCES CORP. reported a quarterly net income of $694 thousand for the period ended 2011-03-31.
27 Apr 2011agm notice● Neutral
SOLITARIO RESOURCES CORP. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
14 Apr 2011material agreement▲ GoodMajor
Solitario raised about $7.8 million in a public stock offering to fund feasibility work at Mt. Hamilton and exploration in Peru and Mexico.
13 Apr 2011securities registration● Neutral
SOLITARIO RESOURCES CORP. filed a prospectus supplement for an offering off its existing shelf.
12 Apr 2011securities registration● Neutral
SOLITARIO RESOURCES CORP. filed a prospectus supplement for an offering off its existing shelf.
29 Mar 2011securities registration● Neutral
SOLITARIO RESOURCES CORP. filed the final prospectus for a registered offering.
25 Mar 2011securities registration● Neutral
SOLITARIO RESOURCES CORP. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
18 Mar 2011securities registration● Neutral
SOLITARIO RESOURCES CORP. registered a securities offering with the SEC using its shelf eligibility.
28 Dec 2010material agreement▲ GoodMajor
Solitario and Ely Gold formalized their Mt. Hamilton joint venture, contributing their respective interests to a new LLC in which Solitario initially holds 10%, with the right to earn up to 80% by funding further exploration and feasibility work.
24 Nov 2010joint venture update▲ GoodMajor
Solitario began core drilling at its newly optioned Mt. Hamilton gold project in Nevada and paid a $300,000 advance royalty as it worked toward forming a joint venture with Ely Gold & Minerals, where it can earn up to an 80% interest.
12 Nov 2010quarterly activities report▼ Bad
SOLITARIO RESOURCES CORP. reported a quarterly net loss of $22 thousand for the period ended 2010-09-30.
1 Sept 2010capital raising announcement▲ GoodMajor
Solitario signed the original letter of intent to joint-venture Ely Gold & Minerals' Mt. Hamilton gold project in Nevada, where it could earn up to an 80% interest, and made an initial CDN$500,000 equity investment into Ely as part of the deal.
10 Aug 2010quarterly activities report● Neutral
SOLITARIO RESOURCES CORP. reported a quarterly net income of $1.4 million for the period ended 2010-06-30.