Solitario Resources Corp. Announces Board and Executive Changes
Ticker: XPL · Form: 8-K · Filed: Jun 25, 2024 · CIK: 917225
| Field | Detail |
|---|---|
| Company | Solitario Resources Corp. (XPL) |
| Form Type | 8-K |
| Filed Date | Jun 25, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation
TL;DR
Board shakeup at Solitario Resources, new exec comp plans filed.
AI Summary
Solitario Resources Corp. announced on June 24, 2024, a change in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory plans.
Why It Matters
Changes in a company's board and executive compensation can signal shifts in strategy, governance, or operational focus, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can introduce uncertainty about the company's future direction and stability.
Key Players & Entities
- Solitario Resources Corp. (company) — Registrant
- June 24, 2024 (date) — Date of earliest event reported
- Colorado (state) — State of incorporation
FAQ
What specific roles have been affected by the changes in officers and directors?
The filing indicates changes related to the departure of certain officers and directors, and the election of new directors, but does not specify the exact roles affected in this summary.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on June 24, 2024.
What is the primary business of Solitario Resources Corp. according to the filing?
Solitario Resources Corp. is in the GOLD & SILVER ORES industry.
What is the SEC file number for Solitario Resources Corp.?
The SEC file number is 001-32978.
What state is Solitario Resources Corp. incorporated in?
Solitario Resources Corp. is incorporated in Colorado.
Filing Stats: 605 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-06-24 18:12:11
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value XPL NYSE American Indica
Filing Documents
- xpl_8k.htm (8-K) — 24KB
- xpl_ex991.htm (EX-99.1) — 17KB
- xpl_ex991img2.jpg (GRAPHIC) — 8KB
- 0001654954-24-008114.txt ( ) — 180KB
- xpl-20240624.xsd (EX-101.SCH) — 6KB
- xpl-20240624_lab.xml (EX-101.LAB) — 14KB
- xpl-20240624_cal.xml (EX-101.CAL) — 1KB
- xpl-20240624_pre.xml (EX-101.PRE) — 9KB
- xpl-20240624_def.xml (EX-101.DEF) — 2KB
- xpl_8k_htm.xml (XML) — 4KB
02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
ITEM 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers. On June 24, 2024, Walter Hunt notified Solitario Resources Corp. ("Solitario") that he will retire as the Chief Operating Officer of Solitario effective June 30, 2024. Mr. Hunt's decision to retire is not the result of any dispute or disagreement with Solitario on any matter relating to Solitario's operations, policies or practices. Solitario does not anticipate immediately naming a new Chief Operating Officer.
01 Regulation FD Disclosure
ITEM 7.01 Regulation FD Disclosure On June 24, 2024, Solitario issued a press release announcing the retirement of Mr. Hunt and that Solitario's final revised Plan of Operations for its Golden Crest project has been signed by US Forest Service. Additionally, the South Dakota Board of Minerals has accepted Solitario's reclamation bond which will allow for exploration drilling to begin. A copy of the press release is furnished herewith as Exhibit 99.1. The information furnished under this Item 7.01, including the exhibits, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by reference to such filing.
01 Regulation FD Disclosure
ITEM 9.01 Regulation FD Disclosure (d) Exhibits. Exhibit Number Description of Exhibit 99.1 Press Release, dated June 24, 2024, announcing final revised Plan of Operations for its Golden Crest project has been signed by US Forest Service and the retirement of Walter Hunt. 104 Cover Page Interactive Data File (formatted as inline XBRL document) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned thereunto duly authorized. June 24, 2024 Solitario Resources Corp. By: /s/ James R. Maronick James R. Maronick, Chief Financial Officer 3