SolGold plc appoints Charles Joseland as Senior Independent Director

In Bishopsgate, London on March 14, 2025, SolGold plc announced that Charles Joseland, who previously served as a Non-Executive Director of the company, has been appointed as the Senior Independent Director. This decision was made by the company’s Board of Directors to enhance corporate governance. Joseland is expected to play a crucial role in liaising with the governance teams of the company's institutional investors, bringing significant experience in governance, financial oversight, and risk management to the position. His appointment aligns with the company's initiative to reset its corporate governance procedures, thereby supporting SolGold in its future growth endeavors. Charles Joseland's expertise in governance is vital as SolGold prepares for its next chapter following a recently completed Pre Feasibility Study for the Cascabel Project. Released on February 16, 2024, this study projected an NPV of $3.22 billion based on specific assumptions about gold, copper, and silver prices. With an initial capital expenditure of $1.55 billion for a 12 million tonnes per annum underground operation, SolGold's strategic direction appears optimistic. Joseland's role as Senior Independent Director also involves advocating for stakeholder interests, ensuring transparency and adhering to international best practices within the mining industry. The company's commitment to delivering value to shareholders while simultaneously providing benefits to affected communities will be a key focus area under Joseland's leadership. With the recent changes within the leadership structure at SolGold, greater emphasis will likely be placed on corporate responsibility, environmental impact, and community involvement, setting a robust framework for operational growth. Joseland's appointment showcases the company’s intent to foster a governance environment that aligns with their ambitious plans for the Cascabel Project and the broader objectives of SolGold.