Solitario Closes $1,550,000 Non-Brokered Private Placement

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Dec 07, 2021

DENVER, CO / ACCESSWIRE / December 6, 2021 / Solitario Zinc Corp. ("Solitario" or the "Company") (NYSE American:XPL)(TSX:SLR, Financial) is pleased to announce that it has entered into agreements with investors for the purchase and sale of an aggregate of 3,100,000 shares of common stock of the Company (the "Shares"), at a price of $0.50 per share (the "Offering"). The Company did not engage an underwriter or placement agent for the Offering, and therefore there were no underwriter discounts or commissions or placement agent fees. No shares purchase warrants were issued in connection with the Offering. The net proceeds of the Offering will be used for additional working capital and general corporate purposes.