Group 1 - The core point of the article is that Jiangxi Copper (600362) announced a formal offer to acquire SolGold plc at a price of 28 pence per share, valuing the target company's entire issued and to-be-issued share capital at approximately £867 million [1] - The acquisition is to be executed through Jiangxi Copper's wholly-owned subsidiary, Jiangxi Copper Hong Kong Investment, and is set to take place on December 24, 2025, London local time [1] - The board of directors of SolGold unanimously recommends that its shareholders vote in favor of the acquisition at the court meeting and support the relevant resolutions at the shareholders' meeting [1] Group 2 - SolGold plc, established in 2006, is a UK-registered mineral exploration and development company listed on the London Stock Exchange under the ticker SOLG [1] - The company's core asset is a 100% stake in the Cascabel project, located in the Imbabura province of northern Ecuador, which is recognized as one of the world's most significant undeveloped porphyry copper-gold deposits [1]
江西铜业:全资子公司正式要约收购SolGold plc全部股份