Solaris Copper was formed in August 2018 as a spin-out of Equinox Gold’s copper assets. Sixty percent of the shares were distributed to Equinox Gold shareholders, who received 1/10th of a Solaris Copper share for every EQX share held, with the remaining shares held by Equinox Gold as a long-term supportive shareholder.
Solaris Copper shares are not currently listed on a designated exchange but the Company is a “reporting issuer” under Canadian securities legislation and, as such, will comply with its continuous disclosure obligations including press releases and financial reporting. Solaris Copper is recognized by Canada Revenue Agency as a “public corporation” which should make Solaris Copper a qualified investment for Canadian shareholders, although shareholders are advised to seek independent tax and legal advice.
Solaris Copper is considering a potential stock exchange listing, but at the moment there is no firm date for listing the company.