Article

SolGold is set to finalize an £867 million acquisition by Jiangxi Copper Company, offering shareholders 28 pence per share, a 43% premium over previous prices. The deal, recommended unanimously by the board, will be executed through a court-sanctioned Scheme of Arrangement, with a shareholder meeting scheduled for February 23, 2026, requiring 75% approval. The acquisition focuses on the Cascabel project in Ecuador, a significant copper-gold deposit crucial for Jiangxi Copper's resource strategy.