SolGold PLC Announces Director/PDMR Shareholding

Rhea-AI Summary

SolGold plc announced that Non-Executive Director Scott Caldwell has sold 2,000,000 ordinary shares at CAD0.1253 per share on June 2, 2025, for a total consideration of CAD250,600. The sale was executed to offset tax obligations. Following the transaction, Caldwell retains ownership of 17,462,244 shares, representing approximately 0.5819% of the company's issued share capital. The transaction was conducted on the Toronto Stock Exchange and was reported as part of the company's regulatory disclosure requirements for transactions by persons discharging managerial responsibilities.

Positive

• None.

Negative

• Director Scott Caldwell sold 2 million shares worth CAD250,600, which could be perceived as reducing insider confidence

BISHOPSGATE, LONDON / ACCESS Newswire / June 4, 2025 / SolGold plc (LSE:SOLG)(TSX:SOLG) has received the following notification in respect to trading by a Directors in Ordinary Shares of £0.01 each in the Company ("Shares").

Scott Caldwell, Non-Executive Director of the Company, notified the Company on 3 June 2025 that on 2 June 2025 he had disposed of 2,000,000 Shares a price of CAD0.1253 per Share for the total consideration of CAD250,600 to offset tax obligations. Following this transaction, Scott Caldwell holds 17,462,244 Shares in the Company representing 0.5819% of the issued share capital of the Company.

CONTACTS

Ryan Wilson Group General Counsel SolGold plc	Tel: +44(0) 20 3807 6996
Tavistock (Media) Jos Simson/Gareth Tredway	Tel: +44 (0) 20 7920 3150

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM.

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Scott Caldwell
2.	Reason for the notification
a)	Position/status:	Director
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:	SolGold plc
b)	LEI:	213800HGFADQBMIEVI76
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument: Identification code:	Ordinary Shares of £0.01 GB00B0WD0R35
b)	Nature of the transaction:	Disposal of Ordinary Shares
c)	Price(s) and volume(s):	Price(s) Volume(s) CAD0.1253 500,000 CAD0.1253 500,000 CAD0.1253 500,000 CAD0.1253 500,000
d)	Aggregated information: Aggregated volume: Price: Total:	2,000,000 CAD0.1253 CAD250,600
e)	Date of the transaction:	2 June 2025
f)	Place of the transaction:	Toronto Stock Exchange

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.au for more information. Follow us on X @SolGold_plc.

CAUTIONARY NOTICE

News releases, presentations and public commentary made by SolGold plc (the "Company") and its officers may contain certain statements and expressions of belief, expectation or opinion which are forward looking statements, and which relate, inter alia, to the Company's plans to delist its ordinary shares from the TSX and the timing thereof, interpretations of exploration results to date and the Company's proposed strategy, plans and objectives or to the expectations or intentions of the Company's Directors, including the plan for developing the Project currently being studied as well as the expectations of the Company as to the forward price of copper. Such forward-looking and interpretative statements involve known and unknown risks, uncertainties, and other important factors beyond the control of the Company that could cause the actual performance or achievements of the Company to be materially different from such interpretations and forward-looking statements.

Accordingly, the reader should not rely on any interpretations or forward-looking statements, and save as required by the exchange rules of the TSX and LSE or by applicable laws, the Company does not accept any obligation to disseminate any updates or revisions to such interpretations or forward-looking statements. The Company may reinterpret results to date as the status of its assets and projects changes with time expenditure, metals prices and other affecting circumstances.

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. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, risks relating to the ability of exploration activities (including assay results) to accurately predict mineralization; errors in management's geological modelling and/or mine development plan; capital and operating costs varying significantly from estimates; the preliminary nature of visual assessments; delays in obtaining or failures to obtain required governmental, environmental or other required approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; the global economic climate; fluctuations in commodity prices; the ability of the Company to complete further exploration activities, including drilling; delays in the development of projects; environmental risks; community and non-governmental actions; other risks involved in the mineral exploration and development industry; the ability of the Company to retain its key management employees and skilled and experienced personnel; and those risks set out in the Company's public documents filed on SEDAR+ at www.sedarplus.ca. 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: SolGold PLC

View the original press release on ACCESS Newswire

FAQ

What was the reason for Scott Caldwell's sale of SLGGF shares in June 2025?

Scott Caldwell sold 2,000,000 shares at CAD0.1253 per share to offset tax obligations.

How many shares does Scott Caldwell still own in SolGold after the June 2025 sale?

After the transaction, Scott Caldwell retains 17,462,244 shares, representing 0.5819% of SolGold's issued share capital.

What was the total value of SolGold shares sold by Scott Caldwell?

The total value of shares sold was CAD250,600, with shares priced at CAD0.1253 each.

On which exchange did Scott Caldwell execute his SLGGF share sale?

The transaction was executed on the Toronto Stock Exchange on June 2, 2025.