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SolGold moves tax base to Switzerland

The Cascabel copper and gold project in Ecuador.

The Cascabel copper and gold project in Ecuador.

2nd September 2025

By: Creamer Media Reporter

     

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London-listed SolGold said on Monday that it was shifting its tax domicile to Switzerland as the company advanced its flagship Cascabel copper/gold project in Ecuador into development.

The move, effective August 28, would see CEO Dan Vujcic relocate to Europe, the company said in a statement. SolGold would maintain its primary listing on the London Stock Exchange and was still considering an additional listing as part of its corporate evolution.

The company also confirmed that full ownership of Cascabel had been consolidated under its Swiss subsidiary, SolGold Finance AG. The structure aligned the project with previously completed royalty and stream agreements, bringing 100% ownership under one entity.

“As we advance Cascabel into development, we are not only simplifying and improving our execution plan, but also our corporate structure with the express aim of unlocking substantial value for our shareholders,” Vujcic said.

“Establishing our base in Switzerland creates a sizable uplift to post-tax cash flow over the life-of-mine of the asset, enhancing the financeability and overall economics of what is already a high-return proposition, one that I continue to believe is significantly undervalued compared to peers and precedents. I'm focused on catalysts to rectify this.”

SolGold, which absorbed Cornerstone Capital Resources in 2023, has been positioning Cascabel as a world-class copper/gold deposit.

Edited by Creamer Media Reporter

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