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SolGold PLC

11:29 AM EST - SolGold PLC : Announces the successful completion of the previously-announced plan of arrangement with Cornerstone Capital Resources Inc., effective 24 February 2023. Cornerstone is now a wholly-owned subsidiary of SolGold. In connection with the Arrangement, SolGold acquired all of the issued and outstanding common shares of Cornerstone, other than the Cornerstone Shares already held by SolGold. In particular, holders of Cornerstone Shares, other than SolGold, received 15 SolGold ordinary shares for each Cornerstone Share held. The Cornerstone Shares are expected to be delisted from the TSX Venture Exchange after the close of trading on 28 February 2023, and will cease trading from the OTC Pink Market and Frankfurt Stock Exchange. SolGold PLC shares T.SOLG are trading down one cent at $0.22.