SolGold PLC Announces Further Investment from Jiangxi Copper
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SolGold PLC has announced a significant investment from Jiangxi Copper, with its subsidiary selling 157,141,000 shares at a premium price, raising approximately $18 million.
March 12, 2025 | 9:00 am
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SolGold PLC's subsidiary has sold shares to Jiangxi Copper at a 45% premium, raising $18 million. This investment could positively impact SolGold's stock price due to the premium and the strategic partnership.
The sale of shares at a 45% premium indicates strong investor confidence and provides SolGold with significant capital. This is likely to boost investor sentiment and positively impact the stock price in the short term.
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