智通财经网·2025-12-29 00:45Group 1 - Jiangxi Copper Co., Ltd. announced an agreement to acquire all issued and to be issued ordinary shares of SolGold for a total consideration of up to £764 million [1] - The acquisition will be executed under the arrangement provisions of Section 26 of the Companies Act, pending approval from SolGold shareholders and satisfaction of other conditions [1] - Upon completion of the acquisition, SolGold will become a wholly-owned subsidiary of Jiangxi Copper, and its financial performance will be consolidated into Jiangxi Copper's financial statements [1] Group 2 - SolGold is a leading mineral exploration and development company focused on discovering and developing world-class copper-gold deposits, emphasizing responsible mining practices and sustainable development [2] - Established in 2006, SolGold has become one of the largest license holders in Ecuador and is actively exploring in the highly prospective Andean copper belt [2] - The flagship project, Cascabel, located in northern Ecuador, is considered one of the most significant undeveloped porphyry copper-gold deposits globally and is expected to become a landmark mining project in South America [2] - Jiangxi Copper has been a shareholder of SolGold since November 2020 and is the largest single shareholder, holding approximately 12.2% of SolGold's issued share capital [2] - The company is well-acquainted with SolGold's flagship deposit at Cascabel and believes in its potential to create significant value, supported by its technical expertise, engineering capabilities, and financial resources [2]