Solitario Resources Corp. filings document the governance, capital structure and material agreements of a mineral exploration company with common stock registered under the Exchange Act. Proxy materials cover annual meeting matters, director elections, shareholder voting and amendments to the company's governing documents.
Recent 8-K reports record completed capital-structure actions, including a stock purchase agreement with Newmont, related investor-rights disclosures for the Golden Crest Properties, and an effective amendment increasing authorized common shares. The filings also identify shareholder approvals, incorporation details, contractual representations, covenants and other formal public-company reporting matters.
Solitario Resources Corp. reported a Q1 2026 net loss of $494,000, or $0.01 per share, slightly improved from a $511,000 loss a year earlier. Lower exploration expense of $182,000 and general and administrative costs of $376,000 helped narrow the loss.
The company generated a modest $2,000 gain on marketable equity securities compared with $385,000 in the prior-year quarter and recorded no derivative losses. Cash and short-term investments totaled $8,442,000, with working capital of $8,579,000, supporting its planned $5,673,000 2026 exploration budget.
Through its at-the-market program, Solitario issued 1,640,425 shares at an average price of $0.76, raising net proceeds of $1,201,000 to help fund exploration at its Golden Crest, Lik, Cat Creek and Bright Angel projects.
Solitario Resources Corp. is calling its 2026 annual and special meeting for June 17, 2026 in Wheat Ridge, Colorado. Shareholders will elect five directors, cast a non-binding advisory vote on the executive compensation program, and vote on ratifying Assure CPA, LLC as independent auditor for 2026.
Holders of common stock as of the April 30, 2026 record date are entitled to one vote per share, with a quorum set at one-third of outstanding shares. There were 93,027,744 shares outstanding as of April 28, 2026. The Board unanimously recommends voting FOR all director nominees, FOR the say-on-pay resolution, and FOR ratifying Assure.
The proxy details Board committee structures, governance practices, director fees, and an executive pay philosophy that emphasizes performance-based cash bonuses and stock options linked to exploration progress and shareholder value, including work at the Golden Crest project.
Solitario Resources Corp. filed Amendment No. 1 to its 2025 annual report to correct a typographical error in the audit firm’s signature date; the underlying 2025 financial statements are unchanged. The auditor issued an unqualified opinion with no critical audit matters.
For 2025, Solitario reported a net loss of $3.8M, improved from a $5.4M loss in 2024, driven by lower exploration and G&A expenses. Total assets were $25.0M, including $7.6M in short-term investments and mineral properties of $16.7M. Shareholders’ equity rose to $24.7M as equity financing and option exercises added capital despite ongoing losses.
Solitario Resources Corp., a Colorado-based mineral exploration company, focuses on acquiring and advancing precious and base metal projects rather than operating mines. The company has recorded intermittent revenues from selling mineral properties and royalties but has never developed a property into production.
Solitario’s core assets are its carried 39% interest in the Florida Canyon zinc project in Peru, its 50% interest in the Lik zinc-lead-silver project in Alaska, and its 100%-owned Golden Crest, Cat Creek and Bright Angel gold-focused projects in the U.S. It also holds an 85% interest in the Chambara project in Peru.
The business relies on joint ventures, equity issuance, investment sales and occasional asset sales to fund exploration. The filing highlights extensive risk factors, including lack of reported mineral reserves on current projects, dependence on commodity prices, need for future financing, regulatory and environmental exposure, foreign jurisdiction risks, competition for properties and talent, cybersecurity, and climate-related regulation. As of June 30, 2025, non-affiliate market value was about $53.4 million, with 92,214,987 common shares outstanding on March 4, 2026, and only three full-time employees supported by seasonal staff and contractors.
Wexford Capital LP and related parties filed an amended Schedule 13G reporting beneficial ownership of 4,469,538 shares of Solitario Resources Corp. common stock, equal to 4.92% of the class, through KIA II LLC. This percentage is based on 90,901,324 shares outstanding as of October 29, 2025.
The filing notes transactions on February 10 and 11, 2026 that reduced their stake, including a 1% decrease and a move to below 5% ownership. The reporting persons share voting and dispositive power over these shares, certify a passive investment intent, and disclaim beneficial ownership beyond their pecuniary interests.
Solitario Resources Corp. director James Hesketh reported a new stock option grant. On 12/02/2025, he acquired options to purchase 160,000 shares of Solitario common stock at an exercise price of $0.63 per share. These options become exercisable on 12/02/2025 and expire on 12/01/2030. After this transaction, Hesketh beneficially owned 490,000 stock options in total, held directly.
Solitario Resources Corp. reported a new stock option grant to its chief financial officer, James R. Maronick. On 12/02/2025, he received 365,000 stock options with an exercise price of $0.63 per share, giving him the right to buy common shares at that price in the future. These options are exercisable starting 12/02/2025 and expire on 12/01/2030. Following this grant, Maronick beneficially owned a total of 1,055,000 derivative securities related to Solitario common stock, held in direct form. This filing is a standard disclosure of insider equity compensation and ownership.
Solitario Resources Corp. director reports new stock option grant. Director John Labate filed a Form 4 disclosing a grant of stock options on 12/02/2025. He received options to purchase 165,000 shares of Solitario Resources common stock at an exercise price of $0.63 per share. These options are exercisable starting 12/02/2025 and expire on 12/01/2030. Following this grant, Labate beneficially owns 500,000 derivative securities related to Solitario common stock, held in direct ownership.
Solitario Resources Corp. reported a director stock option grant. Director Debbie Austin received a stock option covering 160,000 shares of Solitario Resources common stock on 12/02/2025. The option has an exercise price of $0.63 per share, becomes exercisable on 12/02/2025, and expires on 12/01/2030. After this transaction, she beneficially owns 480,000 derivative securities in the form of stock options.
Solitario Resources Corp. director Gil Atzmon reported an equity award on a Form 4. On 12/02/2025, he was granted a stock option for 170,000 derivative securities with an exercise price of $0.63 per share. The option becomes exercisable on 12/02/2025 and expires on 12/01/2030. Following this transaction, Atzmon beneficially owned 490,000 derivative securities, held directly.