36 unchanged sentences
The 2023 Plan has a term of 10 years.
−Removed: On June 7, 2024, the Board of Directors granted options to acquire 2,125,000 shares of Solitario common stock under the 2023 Plan.
+Added: On December 2, 2025, the Board of Directors granted options to acquire 1,600,000 shares of Solitario common stock under the 2023 Plan.
The options have an exercise price of $0.63 per share, a five-year term, vested 25% on the date of grant, vest 25% on each of the next three anniversary dates and have a grant date fair value of $557,000 based upon a Black-Scholes model, with a 62% volatility and a 3.7% risk-free interest rate.
−Removed: On November 16, 2023, the Board of Directors granted options to acquire 50,000 shares of Solitario common stock under the 2023 Plan.
+Added: On June 7, 2024, the Board of Directors granted options to acquire 2,125,000 shares of Solitario common stock under the 2023 Plan.
The options have an exercise price of $0.85 per share, a five-year term, vested 25% on the date of grant, vest 25% on each of the next three anniversary dates and have a grant date fair value of $1,120,000 based upon a Black-Scholes model, with a 72% volatility and a 4.3% risk-free interest rate.
3 unchanged sentences
Weighted-average exercise price of outstanding options, warrants and rights
−Removed: (2013 Plan – US$)
Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)
39 unchanged sentences
A majority of
−Removed: /s/ Brian Labadie
−Removed: March 11, 2025
−Removed: Brian Labadie
/s/ James Hesketh
James Hesketh
+Added: March 5, 2026
/s/ Gil Atzmon
9 unchanged sentences
(incorporated by reference to Exhibit 3.1 to Solitario’s Current Report on Form 8-K filed on July 19, 2023)
+Added: Articles of Amendment to Restated Articles of Incorporation of Solitario Resources Corp.
+Added: (incorporated by reference to Exhibit 3.1 to Solitario’s Current Report on Form 8-K filed on June 20, 2025)
Amended and Restated By-laws of Solitario Resources Corp., as amended (incorporated by reference to Exhibit 3.1 to Solitario’s Form 8-K filed on April 23, 2021)
18 unchanged sentences
1 filed on December 20, 2023)
−Removed: Purchase Agreement by and between Solitario Recourses Corp.
−Removed: and Newmont Overseas Exploration Ltd.
−Removed: (incorporated by reference to Exhibit 10.1 to Solitario’s Form 8-K filed August 2, 2023)
−Removed: Investor Rights Agreement by and between Solitario Resources Corp.
−Removed: and Newmont Overseas Exploration Ltd.
−Removed: dated July 31, 2023 (incorporated by reference to Exhibit 10.2 to Solitario’s Form 8-K filed on August 2, 2023)
Mining Lease Between Golden Crest II, LLC and Solitario Resources Corp., dated May 27, 2021 (incorporated by reference to Exhibit 10.12 to Solitario’s Form 10-K filed on March 22, 2024)
+Added: Stock Purchase Agreement by and between Solitario Resources Corp.
+Added: and Newmont Overseas Exploration Ltd.
+Added: (incorporated by reference to Exhibit 10.1 to Solitario’s Form 10-K filed on June 20, 2025)
+Added: Amended and Restated Investor Rights Agreement by and between Solitario Resources Corp.
+Added: and Newmont Overseas Exploration, Ltd dated June 11, 2025 (incorporated by reference to Exhibit 10.2 to Solitario’s Form 10-K filed on June 20, 2025)
Code of Ethics for the Chief Executive Officer and Senior Financial Officer (incorporated by reference to Exhibit 99.1 to Solitario's Form 8-K filed on July 18, 2006)
14 unchanged sentences
and (iv) Notes to the Condensed Unaudited Consolidated Financial Statements.
+Added: Cover Page Interactive Data File (embedded within the XBRL document)
Filed herewith
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.