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SOLITARIO RESOURCES CORP.

NYSE:XPL
US$0.559Close 7 Oct 2026 · delayed

Past year: ▼ 18%(55.9c – 84.0c USD)

Market cap
A$74.9m
Shares on issue
94.7m
Story beats
31 since 2004
Last event
23 June 2025

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.

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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.

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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.

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3 Mar 2014capital raising announcement▲ Good

The $1.68 million private placement closed as announced.

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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.

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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.

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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.

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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.

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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.

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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.

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