Solitario undertook an intensive industry evaluation in 2016 to identify corporate opportunities for future growth. This laid the groundwork for the acquisition of Zazu Metals Corporation. Initially, we focused within the precious metal space, but eventually our search transitioned to a zinc emphasis, where we saw superior value and a better fit with our existing high-grade Florida Canyon zinc project. We are excited about the Zazu acquisition because we believe the combination of Zazu with Solitario will create a stronger, asset-rich company with interests in two very high-grade zinc deposits. The transaction is very accretive to Solitario on a zinc-per-share basis, while still preserving a healthy cash position post-transaction. The supply/demand fundamentals of the zinc market are strong and we believe they will remain so for at least the next several years. With the Zazu acquisition, we made the decision to concentrate on zinc assets and have consequently changed the company’s name to Solitario Zinc Corp. to further identify our focus to the investment community. Our goal is to transition Solitario from a single-asset junior company to a multiple-asset intermediate-sized company focused on zinc. We are optimistic that we will be successful in achieving our goals and that the market will reward that success
Company Name | SOLITARIO Zinc Corp |
Business Category | Zinc |
Address | 4251 Kipling Street, Suite 390 Wheat Ridge Colorado United States ZIP: 80033 |
President | NA |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
Phone Number | Locked content | Subscribe to view |
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Website | Locked content |