All about SOLG, page-5

As per the original agreement, Newcrest has agreed to support transactions recommended by the SolGold board, including potential takeover bids, and will continue to provide technical assistance given its expertise in underground block cave mining.
“The arrangement with Newcrest, particularly in the area of technical liaison over the past six months since their original investment into SolGold, has been pleasingly smooth and the SolGold board and management are encouraged by this further endorsement of the technical merits and management’s commitment to the Cascabel project, SolGold’s exploration strategy across Ecuador and SolGold’s interests generally,” SolGold CEO Nick Mather said.
The placement price of 41 pence per share is a 15.5% premium to Friday’s closing price and only 12.3% below SolGold’s all-time high of 46.75p reached on May 26.
Newcrest’s original investment was made at a price of 12p per share.