SOLITARIO RESOURCES CORP. 10-K

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Our common stock trades on the NYSE American exchange under the symbol “XPL” and on the TSX under the symbol “SLR.” Since 2008 trading volume of our common stock on the NYSE American exchange has exceeded the trading volume of our stock on the TSX by a substantial margin. Holders of our common stock As of March 21, 2024, we have approximately 275 holders of record of our common stock. Dividend policy We have not paid a dividend in our history and do not anticipate paying a dividend in the foreseeable future. Recent sales of unregistered securities On December 6, 2023, we issued 500,000 shares of our common stock to an adviser in accordance with the terms of a consulting and capital markets advisory contract (the “Consulting Contract”) together with a subscription agreement entered into with the adviser. Solitario relied on the exemptions from registration set forth in Section 4(a)(2) under the Securities Act of 1933, as amended (the “1933 Act”) and Rule 506(b) promulgated thereunder, together with applicable exemptions under Canadian law, for the offer and sale of the shares. Solitario: (i) did not engage in any public advertising or general solicitation in connection with the offering of the shares; (ii) reasonably believed that the investor was sophisticated and an “accredited investor” and understood the risks of acquiring the shares; and (iii) believed that the investor acquired the shares for investment purposes. Additionally, because the investor is not a U.S. person, and the offer and sale was effected outside the United States, Solitario believes that the offer and sale of the shares was also effected in accordance with Regulation S promulgated under the 1933 Act. Item 6. [Reserved] 40 Table of Contents