--- title: "SolGold Shareholders Back Jiangxi Copper Takeover Ahead of March Court Sanction" description: "SolGold shareholders have approved a cash acquisition by Jiangxi Copper’s investment arm, clearing key conditions for court sanction in early March. Following the court hearing on March 2, SolGold’s s" type: "news" locale: "en" url: "https://longbridge.com/en/news/276617081.md" published_at: "2026-02-23T15:00:10.000Z" --- # SolGold Shareholders Back Jiangxi Copper Takeover Ahead of March Court Sanction > SolGold shareholders have approved a cash acquisition by Jiangxi Copper’s investment arm, clearing key conditions for court sanction in early March. Following the court hearing on March 2, SolGold’s shares will be suspended and delisted from the London Stock Exchange, allowing investors a cash exit. This acquisition marks a significant consolidation in the copper sector, with Jiangxi Copper expanding its resource base. The transaction is expected to be effective by March 4, with cash settlements by March 18. Current analyst rating for SolGold is a Hold with a £29.00 price target. ### Claim 50% Off TipRanks Premium - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential An announcement from SolGold ( (GB:SOLG) ) is now available. SolGold shareholders have approved a recommended cash acquisition by Jiangxi Copper’s Hong Kong investment arm, with the scheme of arrangement winning the required majority at both the Court Meeting and the General Meeting. The approval clears key conditions for the deal, paving the way for court sanction in early March, after which SolGold’s shares are expected to be suspended and then delisted from the London Stock Exchange, giving investors cash exit while folding the explorer into a larger state‑backed copper group. The court hearing to sanction the scheme is scheduled for 2 March 2026, with the transaction expected to become effective on 4 March and the LSE listing cancelled by 5 March, subject to remaining conditions. The timetable indicates a swift transition of ownership and settlement of cash consideration by 18 March, marking a significant consolidation move in the copper sector as Jiangxi Copper expands its international resource base and SolGold transitions from an independent listed explorer to part of a major producer’s portfolio. The most recent analyst rating on (GB:SOLG) stock is a Hold with a £29.00 price target. To see the full list of analyst forecasts on SolGold stock, see the GB:SOLG Stock Forecast page. **Spark’s Take on GB:SOLG Stock** According to Spark, TipRanks’ AI Analyst, GB:SOLG is a Neutral. The score is held back primarily by weak financial performance (no revenue, sizable losses, and equity erosion with meaningful leverage), partially offset by a constructive technical trend and positive corporate catalysts (revised takeover offer and supportive project developments). Valuation remains challenged due to loss-making earnings and no dividend support. To see Spark’s full report on GB:SOLG stock, click here. **More about SolGold** SolGold is a mineral exploration and development company focused on copper and gold projects, primarily in Ecuador. The company is listed on the London Stock Exchange and has attracted interest from major industry players seeking to secure long‑life copper resources critical to the global energy transition. **YTD Price Performance:** 1.09% **Average Trading Volume:** 23,404,030 **Technical Sentiment Signal:** Buy **Current Market Cap:** £837.8M See more insights into SOLG stock on TipRanks’ Stock Analysis page. ### Related Stocks - [00358.HK - JIANGXI COPPER](https://longbridge.com/en/quote/00358.HK.md) - [SOLG.UK - SolGold Plc](https://longbridge.com/en/quote/SOLG.UK.md) - [600362.CN - JCCL](https://longbridge.com/en/quote/600362.CN.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | REG - SolGold PLC Jiangxi Copper - Results of Court Meeting and General Meeting | SolGold PLC announced the results of the Court Meeting and General Meeting held on February 23, 2026, regarding the reco | [Link](https://longbridge.com/en/news/276613359.md) | | REG - Trium Capital LLP SolGold PLC - Form 8.3 - SOLG LN | Trium Capital LLP disclosed its position in SolGold PLC, reporting ownership of 36,759,861 shares, representing 1.21% of | [Link](https://longbridge.com/en/news/276460149.md) | | Jiangxi Copper Proposes To Register, Issue Medium-Term Notes With Total Not Exceeding RMB15 Bln | Jiangxi Copper Co Ltd :PROPOSES TO REGISTER AND ISSUE MEDIUM-TERM NOTES WITH TOTAL NOT EXCEEDING RMB15 BILLIONPROPOSES T | [Link](https://longbridge.com/en/news/276618296.md) | | REG - Trium Capital LLP SolGold PLC - Form 8.3 - SOLGOLD PLC | Trium Capital LLP disclosed its position in SolGold PLC, reporting ownership of 32,855,476 cash-settled derivatives, rep | [Link](https://longbridge.com/en/news/276138623.md) | | REG - Global X Management SolGold PLC - Form 8.3 - SolGold Plc | Global X Management Company LLC disclosed its position in SolGold Plc, reporting ownership of 62,767,797 ordinary shares | [Link](https://longbridge.com/en/news/276045473.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.