SolGold plc (LSE:SOLG) has confirmed that it will relocate its corporate tax domicile to Switzerland effective August 28, 2025. The move is designed to strengthen the company’s financial framework and forms part of its wider corporate transformation. Central to this strategy is the Cascabel Project, now fully owned by SolGold Finance AG, a Swiss subsidiary. The relocation of CEO Dan Vujcic to Europe, combined with the consolidation of Cascabel’s ownership, is expected to enhance execution, improve project economics, and drive higher post-tax cash flow—unlocking greater value for shareholders.
Despite these steps, SolGold continues to grapple with financial pressures, including recurring losses and negative cash flow, which weigh heavily on its valuation. Nevertheless, recent corporate developments and governance enhancements provide some encouragement for its longer-term outlook.
About SolGold
SolGold is a resource development company focused on discovering and advancing world-class copper and gold deposits. In addition to delivering value for shareholders, the company emphasizes social and economic contributions to host communities, workplace health and safety, and minimizing environmental impact. SolGold’s shares trade on the London Stock Exchange.
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