---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-010024"
form_type: "8-K"
ticker: "XPL"
cik: "0000917225"
company_name: "SOLITARIO RESOURCES CORP."
filed_at: "2023-08-02T23:59:59+00:00"
generated_at: "2026-06-12T16:12:00.898071+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Newmont acquires 9.95% stake in Solitario via $2.5M private placement

## Summary
- Newmont purchased 4,166,667 shares at $0.60/share for $2.5M, becoming largest holder at 9.95%.
- Proceeds to fund exploration at Golden Crest, Lik, Florida Canyon projects and for corporate purposes.
- Investor Rights Agreement grants Newmont preemptive, registration, anti-dilution rights and ROFR on Golden Crest.
- Solitario's cash and marketable securities now ~$6.1M after the financing.
- Private placement closed July 31, 2023, exempt from registration under Section 4(a)(2) and Rule 506(b).

## SEC filing metadata
- accession: 0001654954-23-010024
- form_type: 8-K
- ticker: XPL
- cik: 0000917225
- company_name: SOLITARIO RESOURCES CORP.
- filed_at: 2023-08-02T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/917225/000165495423010024/0001654954-23-010024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/917225/000165495423010024/sodi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-010024
- JSON: https://secwatch.observer/filing/0001654954-23-010024.json
- Plain text: https://secwatch.observer/filing/0001654954-23-010024.txt

## Key facts
- Material Agreements
  SOLITARIO RESOURCES CORP. entered into Investor Rights Agreement with Newmont Overseas Exploration Ltd (effective 2023-07-31).
  - Action: entry
  - Counterparty: Newmont Overseas Exploration Ltd
  - Effective: 2023-07-31
  source text: Concurrently with the execution of the SPA, the Company and Newmont entered into an Investor Rights Agreement (the “Rights Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/917225/000165495423010024/0001654954-23-010024-index.htm
- Material Agreements
  SOLITARIO RESOURCES CORP. entered into Stock Purchase Agreement with Newmont Overseas Exploration Ltd valued at $2,500,000 (effective 2023-07-31).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Newmont Overseas Exploration Ltd
  - Value: $2,500,000
  - Effective: 2023-07-31
  source text: On July 31, 2023, Solitario Resources Corp. (the “Company”) entered into a Stock Purchase Agreement (the “SPA”) with Newmont Overseas Exploration Ltd (“Newmont”). Pursuant to the SPA, Newmont agreed to purchase 4,166,667 shares of Company common stock for $2,500,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/917225/000165495423010024/0001654954-23-010024-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.