**Summary**
SolGold plc announced on November 28, 2025, that it received a preliminary, conditional, and non-binding cash offer proposal from Jiangxi Copper Company Limited (JCC) to acquire all of SolGolds issued and to-be-issued shares at 26 pence per share. This proposal followed an earlier rejected offer from JCC on November 23, 2025. After careful consideration with its advisers, SolGolds Board unanimously rejected the la<mark style="background-color:yellow">test</mark> proposal, advising shareholders to take no action.
JCC now has until December 26, 2025 (500 pm London time), to either announce a firm intention to make an offer or confirm it does not intend to proceed, in accordance with the City Code on Takeovers and Mergers (the "Code"). SolGold remains confident in its standalone prospects and has disclosed relevant information, including its issued share capital details, in compliance with the Code. The announcement also outlines disclosure requirements for interested parties and confirms the publication of the statement on SolGolds website.