Solaris Resources Inc 6-K, filed Jan 22, 2025
Solaris Resources Inc. (SLSR)
About this 6-K
Solaris Resources Inc filed this 6-K on January 22, 2025.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of January 2025
Commission File Number 001-42015
Solaris Resources Inc.
(Translation of registrant’s name into English)
Neuhofstrasse 5A Baar
Switzerland 6340
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40F:
Form 20-F ☐ Form 40-F ☒
Incorporation by Reference
Exhibit 99.1 to this Form 6-K of Solaris Resources Corp. (the “Company”) is hereby incorporated by reference as an exhibit to the Registration Statements on Form F-10 (File No. 333-280241) and Form S-8 (File No. 333-283247) of the Company, as amended or supplemented.
The below documents are being submitted herewith.
| Exhibit | Description | |
| 99.1 | Material Change Report dated January 20, 2025 |
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Solaris Resources Inc. | ||
| (Registrant) | ||
| Date: January 22, 2025 | By: | /s/ Richard Hughes |
| Name: | Richard Hughes | |
| Title: | Chief Financial Officer and Secretary | |
2
Exhibit 99.1
Form 51-102F3
MATERIAL CHANGE REPORT
| Item 1. | Name and Address of Reporting Issuer |
Solaris Resources Inc. (“Solaris” or the “Company”) Neuhofstrasse 5A Baar
Switzerland 6340
| Item 2. | Date of Material Change |
January 8, 2025
| Item 3. | News Release |
A news release announcing the material change was disseminated through the facilities of GlobeNewswire on January 8, 2025 and a copy was subsequently filed on SEDAR+.
| Item 4. | Summary of Material Change |
On January 8, 2025, Solaris announced that the previously announced management and board changes are now effective. Solaris also announced a C$350,000 private placement.
| Item 5. | Full Description of Material Change |
| 5.1 | Full Description of Material Change |
On January 8, 2025, Solaris announced the strengthening of its leadership team with the appointment of Richard Hughes as Chief Financial Officer and Company Secretary, Patrick Chambers as Vice President Investor Relations and Ignacio Shimamoto as Vice President Finance, effective January 8, 2025.
Richard, who succeeds Sunny Lowe as Chief Financial Officer, will lead the finance function leveraging his recent experience as Chief Financial Officer and Executive Director of Trident Royalties PLC, which was recently acquired. With over 20 years in the natural resources sector, Richard has a strong track record of generating value for all stakeholders through his significant knowledge across strategy, capital markets and corporate finance. Patrick will drive global investor engagement, leveraging his strong geological, investor relations and business development background. Over the past 12 years, Patrick has worked across a number of commodities, focusing exclusively on Latin America. Ignacio joins Solaris as VP, Finance where he will lead financial strategy which includes external and internal reporting, financial modelling, and oversee procurement and contract management. He will focus on enhancing operational efficiency, strengthening compliance, and supporting the Company’s growth through strategic planning, financial oversight, and valuations of projects and investments.
The Company also announced the final emigration steps are now complete, subject to a few administerial matters. See the Company’s news release dated November 20, 2024, for additional detail.
Private Placement
In connection with his appointment, Mr. Hughes has agreed to subscribe for C$350,000 of common shares from the Company pursuant to a private placement.
| 5.2 | Disclosure for Restructuring Transaction |
Not applicable.
| Item 6. | Reliance on subsection 7.1(2) of National Instrument 51-102 |
Not applicable.
| Item 7. | Omitted Information |
No information has been omitted on the basis that it is confidential information.
| Item 8. | Executive Officer |
The name and business number of the executive officer of the Company who is knowledgeable of the material change and this report is:
Richard Hughes
Chief Financial Officer and Corporate Secretary
+44 79 67 58 9997
| Item 9. | Date of Report |
January 20, 2025