Zhi Tong Cai Jing·2025-12-29 03:16Group 1 - Jiangxi Copper Co., Ltd. announced that its wholly-owned subsidiary, Jiangxi Copper Hong Kong Investment, will acquire all issued and to be issued ordinary shares of SolGold plc for a total consideration of up to £764 million [3] - The completion of the acquisition is subject to approval from SolGold shareholders and must meet or be waived from other conditions [3] - Jiangxi Copper has been a shareholder of SolGold since November 2020 and is currently the largest single shareholder, holding approximately 12.2% of SolGold's issued share capital [3] Group 2 - SolGold's flagship project, Cascabel, is located in the Imbabura province of northern Ecuador and is considered one of the world's most important undeveloped porphyry copper-gold deposits [3] - The project has the potential to become a landmark mining project in South America [3]