finance.yahoo.com

Solitario Resources Issues Shares to Newmont Under Investor Rights Pact

Newmont logoNewmont
Sig1.80Sen+1.35Env0.00Soc0.00Gov+0.50

Newmont will receive 135,750 shares of Solitario at $0.86 each, raising about $116,745 in gross proceeds, under an amended investor rights agreement without underwriter or placement-agent fees. After the issuance, Newmont will hold 8,894,911 shares, about 9.4% of outstanding stock. Proceeds will support exploration and general corporate purposes.

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